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Well, it sounds pretty disingenuous, but you can still find some meaning out of that. An asset by definition is a useful/valuable thing or person. If Teslas be
by whoisjuan 8y ago
Well, it sounds pretty disingenuous, but you can still find some meaning out of that. An asset by definition is a useful/valuable thing or person.
If Teslas become better just with OTA updates, then they become more useful and valuable for the person that owns them.
Of course, financially speaking it doesn't make sense (they will depreciate like any other car that rack up miles), but I see some merit in that statement since no other vehicle in the market currently can get better just with the past of time (as you get new updates).
I don't know if his statement was about the financial depreciation of a Tesla or not, but if in 6 months, my car is better than it is today, with no custom parts or additions, you can undoubtedly claim that its value (the perception of what the car is doing for me) increased. Though, not its financial value.