Subject: Re: Cars, year one, no commuting
I was very happy to find a 2020 Model Y on Tesla's website for $25,000 ($21,000 after the used EV tax credit.) Many thanks to the original owner who ate the first $40,000 in depreciation.

Not quite $40,000. The 2020 Model Y (LR AWD) sold for $53,990 early on and then was reduced to $50,990. So the depreciation was somewhere between $25,990 and $28,990 (according to google and their AI). Of course $25,000 may be more or less than the seller received from Tesla for their trade-in.

And if the original buyer bought that 2020 model in late-2019, there were still some of the old tax credits remaining (assuming they made the cut rule-wise).