Tesla Motors Inc Could Offer Used Cars [REPORT]

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Mark Melin
Published on
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Interested in purchasing a Tesla Model S for $35,000 to $50,000? You may have a chance if a used car program being proposed by Tesla is implemented and approved by regulators. Tesla Motors Inc NASDAQ:TSLA’s used car program was confirmed in an Automotive News article, but a timetable for the program was not released. As the end of Tesla’s 36 month leases start create traffic into the dealership for trade-ins, it will likely create a supply of used cars that might target an entirely different demographic audience. Tesla value New Tesla Model S designs retail for $70,000 to $100,000. Using a…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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