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Tesla/Musk held a presentation in 2019 (Autonomy Investor Day) where he said you would be crazy not to buy their cars, they will be the first appreciating asset
by cma 4y ago
Tesla/Musk held a presentation in 2019 (Autonomy Investor Day) where he said you would be crazy not to buy their cars, they will be the first appreciating assets and likely go up over $200K due to their robo taxi network going online across the nation in 2020. He said they would handle all human drivable conditions by then and that they just needed winter 2019 to finalize ice and snow autonomy.
They did turn out to appreciate, but so did the whole used car market, for very different reasons.