Why Tesla used are still expensive?

Even older models price still maintain

One of the comprehensive report from Thai industry research on used BEVs there. Good reference for M'sia

Krungsri

TLDR:
1. Initial depreciation: As soon as a BEV leaves the showroom, it drop -23% of its original list price

2. Mileage: Thai BEVs lose between -5.6% and -9.4% of their value for every 10,000 kilometers that they travel, higher than ICE

3. Country of origin: US and European BEVs, which also typically target the premium market, hold their value better than Chinese, UK, Japan & Korea models

4. Segment: Premium BEVs (i.e., sports and luxury sedan models) and electric vans offer resale values that are 8.9% and 18.6% better than BEV passenger vehicles

5. Year of Manufacture: BEVs depreciate in value by an average of -6.1% for each year that has passed since that model was first released to the market.