No. of Recommendations: 2
The buyers of NEW EVs will eventually catch on that they will lose a ton of money in the first 1-2 years due to the massive depreciation. So soon virtually nobody will buy a NEW EV. So there won't be any 2-year old EVs available.
For there to be 2 year old cars, somebody needs to buy new ones.
But nobody will, so there won't be any used ones in 2 years.
You know what other cars have massive depreciation in the first 1-2 years? Lexus, Infiniti, Cadillac, Mercedes, Lincoln...
Somehow they remain in business.
