Tesla: case study on depreciation vs demand

Depreciation in the used car market is one way to read demand for a manufacturer’s vehicles. Vehicles that are more in demand depreciate less. To compare the depreciation of the Tesla Model S with competing in class vehicles, we collected data on used cars and constructed an ordinary least squares (OLS) regression model. Here are the takeaways:

  • After 50k miles, a Tesla Model S will have depreciated 28% vs the in-class competitor average of 38%.
  • A Tesla Model S holds 7% more value than its competitors regardless of variables like model year, miles driven, and initial sale price.
  • In a stable economy, the used car market is a proxy for new car sales. This study is a sign that Tesla continues to gain share vs. comparable in-class vehicles.

Of course, if you haven’t a clue about the value of your ride – and don’t care – there are plenty of Buicks available.

Number of hate groups in America reaches new high


Chip Somodevilla/Getty

❝ The number of hate groups in the United States has surged to an all-time high, according to a new report from the Southern Poverty Law Center (SPLC), with numbers rising for the fourth year in a row.

The SPLC’s annual Year in Hate and Extremism report, released Wednesday, recorded 1,020 hate groups in the United States in 2018. That figure includes neo-Nazis, white nationalists, and anti-government extremists, and represents a rise of seven percent from 2017…

❝ “The midterms tended to validate hate groups’ fears for the future. Even more angering to hate groups were the dozens of women…elected to the new U.S. Congress, including two Muslims,” the report read. “For white supremacists, these newly elected officials symbolize the country’s changing demographics — the future that white supremacists loathe and fear.”

❝ The SPLC’s concerns are backed up by another report on far right violence released by the Anti-Defamation League (ADL) in January. According to that report, almost every extremist-related murder committed in the United States in 2018 was carried out by an individual who was either directly linked or affiliated with the far right. In the lone exception, the perpetrator was affiliated with the far right before switching over to Islamic extremism just prior to carrying out a murder.

RTFA, folks. Life in these United States is rooted in the fear of death and terrorism committed by Americans who think they’re more American than anyone else. And they’ll kill to prove it.