To illustrate the difference, Pearce compared Conner’s Tesla to a BMW M5 CS, which, bought at the same price in 2022, now retains nearly all its value. A study by Diminishing Value Carolina also revealed that Tesla vehicles depreciate significantly faster than brands like GMC and Porsche, with other fast-depreciating models including Alfa Romeo, Maserati, Lincoln, and Volvo. Tesla owners on Reddit shared similar experiences, expressing disappointment over the rapid depreciation of their vehicles.
