Cathie Wood
@CathieDWood · Oct 10, 2022
Given the accelerated consumer preference shift toward electric vehicles, used car prices and the residual value of all gas powered autos are likely to plummet, causing serious losses in the $1 trillion auto debt market.
Sam Korus@skorusARK· Oct 7, 2022Used vehicle index is now down on a year over year basis.
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3.0% in September from August. The Manheim Used Vehicle Value Index declined to 204.5 and is now down 0.1% from a year ago.
Elon Musk
@elonmusk
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02:36 AM · October 10, 2022 · 0 views
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