Tesla Model 3, Cybertruck Top Used Car Listings — But Price At Opposite Extremes [Forbes]
Cars.com Inc. (CARS)
Last cars.com inc. earnings: 2/26 07:30 am
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Source: Forbes
The Model 3 tops the most-searched list with an average used list price of $26,922 in May, followed by the Cybertruck with an eye-watering $143,796 average used price (see infographic below), according to Cars.com. It's worth noting that the Cybertruck, which began delivery on November 30, only achieved a production level of 1,000 units per week in April and more recently hit 1,300 a week. The most recent figure was given by CEO Elon Musk when speaking during the 2024 Annual Stockholder Meeting on Thursday. Used Cybertrucks have flooded used car listings despite the limited availability of new CTs and the sky-high price — significantly higher than . Sellers' asking prices are high because of the long wait times for new CTs, which show delivery dates of 2025. “For used Teslas, excluding Cybertruck, retail prices on the Cars.com have declined every month since May 2023 from $46,809 to $31,799 in May 2024, a combination of both supply and model mix as more used Model 3s became avail
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News
- Cars.com's (NYSE:CARS) five-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
- Cars Commerce's Industry Insights Report Shows a Stabilizing Market; Ford, Chevrolet and Honda Drive Balanced New-Car Inventory Levels in AugustPR Newswire
- 10 Best and Most Reliable Used Cars That Fit Your Budget in 2025 [Yahoo! Finance]Yahoo! Finance
- 5 Most Reliable European Cars Retirees Should Buy Ahead of Winter 2024 [Yahoo! Finance]Yahoo! Finance
- 5 Safe, Affordable New Cars To Give as Gifts in 2024 [Yahoo! Finance]Yahoo! Finance
CARS
Earnings
- 8/8/24 - Beat
CARS
Sec Filings
- 8/8/24 - Form 10-Q
- 8/8/24 - Form 8-K
- 7/16/24 - Form 4
- CARS's page on the SEC website