Tesla Owner Regrets Thinking His EV Was An 'Investment'—Says He's 'Genuinely Shocked At How Much These Things Are Tanking' After Losing $750 A Month

It started with good intentions and a bit of EV hype. A Tesla Model Y buyer, now two and a half years into ownership, says he thought he was making a smart financial move. What he got, in his words, was a financial "bloodbath." In a post on Reddit, the owner of a 2022 Model Y Long Range said he paid 62,990forthevehicleatpeakEVprices.Fastforwardtolate2025,andresaleestimatesfromCarvana62,990 for the vehicle at peak EV prices. Fast forward to late 2025, and resale estimates from Carvana 36,800, CarMax 37,200,andTeslasowntradein37,200, and Tesla's own trade-in 35,500 suggest a loss of 22,000to22,000 to 27,000—or about ...