Tesla is making a cheaper personal EV
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It's a new era for Tesla — and one that will rely on its ability to launch the Cybercab and mass-produce the Optimus robot.
Forbes contributors publish independent expert analyses and insights. Brooke Crothers covers and reviews electric vehicles and autonomy. The new Tesla Model S all-electric sedan (L), at the car's unveiling in Hawthorne, California on March 26, 2009.
In general, EVs depreciate at a higher rate than gas-powered models or hybrids. A 2025 study by iSeeCars showed that EVs lose 58.8% of their value after five years, as opposed to just 40.7% for hybrids or 45.6% for all vehicle types. In the same study, the ...
It’s an odd time to be shopping for an electric car. The $7,500 federal EV tax credit expired on September 30, 2025, and nothing replaced it. New EV sales dropped 28% in the first quarter of 2026. Automakers are sitting on 130 days’ worth of inventory.