How Much Do Tesla’s Depreciate?
In 2022 the Tesla Model S Plaid had an MSRP of US$129,990, excluding the destination charge of US$1,200.
In December 2024, the Tesla Model S Plaid retails for US$89,990.
In October 2024, a used 2022 Tesla Model S Plaid had a value of US$46,400, when offered as a trade in back to Tesla. This was with just 37,190 miles on the clock.
This particular example is based on the Tesla Model S Plaid bought by the YouTuber “Kyle Conner” in 2022, for a total price of US$140,940.
In October 2024, he decided to get a trade in value, which came out to US$46,400, a loss of US$94,540 over 2 years.
That works out at a capital cost of US$2.55 per mile.
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