How Can You Determine a Tesla’s Depreciation Rate?

Answered by

Douglas Thompson
Douglas ThompsonCar Insurance Specialist

Posted on Jan 18, 2023

1. To calculate Tesla's depreciation rate, you need to know its purchase price and its estimated useful life.

2. You can then use a depreciation calculation to determine how much of the Tesla's value will be lost each year.

3. Tesla's depreciation rate may change depending on how the company's stock performs and how the electric car market develops.

4. Ultimately, it is important to track Tesla's depreciation rate to ensure you are making accurate projections for your business.

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