The future of EVs in the collectible cars market, from the Tesla Roadster to BMWs and Ferraris

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Elon Musk used to say EVs would increase in value after purchase. That’s not happening, but the original Tesla Roadster is getting attention from…

EV prices are being reduced amid weaker demand and lower-than-anticipated value in the used auto market, but early electric and hybrid vehicles have begun to draw interest from collectors.Power and beauty don't hurt either, making the original Tesla Roadster and BMW i8 popular.

"What people like when they're younger becomes collectible when they're older," said Daniel Strohl, editor of the collector car publication Hemmings Daily."We saw that with the muscle cars boomers collected, and we're seeing it now with 1980s trucks and Japanese imports that are popular with younger collectors.

Tesla has a new Roadster in the works that is due to begin delivery in 2025. The four-passenger coupe is expected to start at $200,000, and CEO Elon Musk says it will accelerate to 60 miles per hour in less than one second, which would make it the quickest road-legal car sold in the U.S., if true.remains the most efficient road car ever sold with a combustion engine.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in BUSİNESS

Business Business Latest News, Business Business Headlines