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The Tesla Model 3’s stellar value retention is a compelling reason to buy new

A Tesla Model 3. (Photo: Andres GE)

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The Tesla Model 3 was ranked number 1 on a new study that analyzed the value retention of vehicles on the market. The Model 3 only showed a depreciation of 5.5% compared to the price of a new unit. That’s half the depreciation compared of the second-ranked vehicle on the study’s Top 10 list, the incredibly popular Ford Ranger pickup truck.

The study from iSeeCars.com noted the difference in value between two Model 3s manufactured a year apart was only $2,529. That’s just roughly the price of a few options from Tesla’s online configurator, like paint and white seats. With prices this close, there will likely be very little incentive for prospective EV buyers to opt for a second-hand Model 3.

One of the key motivations for buyers of second-hand cars is the supposed low price of the used vehicles themselves. Cars are notorious for losing a significant part of their value as soon as they are driven off the lot, and generally, electric vehicles see an even steeper depreciation. But for Tesla buyers, the high value retention of the company’s vehicles means that most of the time, it becomes far more practical to acquire a brand new Model 3 from the electric car maker.

Credit: iSeeCars.com

This is something that was highlighted by iSeeCars CEO Phong Ly in a statement. “Instead of buying a car that’s already been driven for one year, consumers can buy the new version of select vehicles with a purchase price of just a few thousand dollars more to avoid the uncertainties that come with purchasing a used vehicle,” he said.

The iSeeCars CEO has valid points. There are notable uncertainties when one purchases an electric car. A second-hand car whose previous owner was careless may be prone to more issues compared to a new vehicle, for example. Apart from this, purchasing new cars offer a lot of benefits to consumers, since buyers will have full control on what their cars will be equipped with, from its interior to software-based features such as the Full Self-Driving suite.

The benefits of new Teslas extend beyond the cars’ buyers as well. The electric car maker benefits from operating a fleet of vehicles that are comprised of mostly new cars. Tesla is known for incrementally improving its vehicles to an almost obsessive degree. This means that when it comes to Teslas, it is always in the best interest of consumers to purchase the latest cars to make sure that they are getting the best tech and features available.

Does this mean that there is no place for Teslas in the second hand market? Definitely not. Second-hand Teslas will likely play a valuable role in the years to come, considering that the company is still expanding its presence across the globe and is yet to enter some large markets like India. Tesla is on a path towards a future where it could eventually produce millions of cars every year. Once this happens, Teslas will likely become ubiquitous enough that the second-hand market for the company’s electric cars will be friendlier to buyers.

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Second-hand Teslas can also play a huge role in the company’s Robotaxi Network, which will utilize vehicles for ride-hailing services. For owners who wish to operate several Robotaxis, even the small savings offered by pre-owned vehicles will go a long way to ensure that their return of investment is quick. For now, though, and as long as Tesla is demand constrained, buyers can expect the Model 3 to resiliently retain its value years after it is purchased.

If there is anything shown in iSeeCars’ recent study, it is that Tesla is breaking stereotypes once more. A separate study from the firm showed that electric vehicles depreciate by 56.6% in three years, significantly more than 38.2% average depreciation across most petrol vehicles. Tesla has bucked this trend, however, with its entire lineup of vehicles like the Model 3, Model S, and Model X.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla has a ‘no human contact’ approach for Semi production

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Tesla is advancing a fully automated pipeline for the 4680 battery cells used in its all-electric Semi, spanning production from Giga Texas through shipment and direct consumption on the line at the new dedicated Semi Factory in Sparks, Nevada.

The approach was outlined by Tesla at its September 24 Semi Handover event, which launched high-volume production at its new 1.8-million-square-foot plant in Nevada, which sits adjacent to Gigafactory Nevada and is designed for an annual production rate of 50,000 trucks per year.

After years of pilot builds and what was a four-year-long redesign of the truck, Tesla moved the Semi from 2170 batteries to its in-house 4680 cells, which are made in Austin. The change cuts battery mass and total energy while holding range, a key step in making volume production a realistic possibility.

Cells will leave Giga Texas in trailers, and at the Nevada Semi plant, Tesla intends for a dedicated line to unload those trailers automatically, station the cells, and feed them straight into pack and vehicle assembly.

Both Lars Moravy, Tesla’s VP of Vehicle Engineering, and Dan Priestley, the Head of Tesla’s Semi program, described the goal as a “zero human touch point” from the moment the trailer arrives in Texas until a finished Semi drives off the production line in Nevada.

The unloading system that Moravy and Priestley described is just one piece of a much broader automation push. The plant uses what Tesla calls the highest-capacity electric monorail conveyance in vehicle manufacturing, carrying frames-in-white simultaneously. Powder-coating replaces conventional paint, and many processes that would normally require operators have been designed out.

Tesla has repeatedly said that “the best part is no part,” and the cell-handling plan extends that philosophy from the cell factory floor in Texas all the way to final assembly in Nevada.

If executed as described, the closed-loop flow would reduce labor, handling damage, and inventory buffers while tightening quality control on a component that represents a large share of the truck’s cost and weight. It also shortens the physical and organizational distance between two factories separated by more than 1,200 miles. The Semi itself now shares a bar-wound stator and other components with the Cybertruck, further linking Tesla’s passenger and commercial production systems.

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High-volume output is expected to ramp gradually after the first trucks left the new line in April 2026. Early customers include PepsiCo, DHL, and U.S. Foods. Whether the automated trailer-to-line process reaches the promised zero-touch standard will be visible in the coming months as production scales. For Tesla, the Semi factory is another test of how far it can push “the machine that builds the machine” across sites.

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Elon Musk’s AI Grok Bot can now handle banking while your Tesla FSD handles the road

Elon Musk says Grok Bot can manage your finances through linked bank and investment accounts.

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Concept of SuperGrok Bot handling banking in a Tesla via Grok
Concept of SuperGrok Bot handling banking in a Tesla via Grok

Grok Bot now wants access to your wallet, with SpaceXAI rolling out a new Finance integration for its agent platform that lets users link bank, credit card and investment accounts thereby letting their Bots help manage spending, investments and more. Elon Musk amplified the announcement on X with a short endorsement, “Grok Bot can manage your finances.”

The feature builds on two earlier steps. In early September, Grok gained the ability to answer questions about spending, savings, investments and cash flow using accounts connected through Plaid, starting with users in the U.S. Before that, on August 28, SpaceXAI let Grok Bot buy things online through Link, with users approving every spend request and the Bot receiving a single use card for each payment.

Musk has already shown how far he wants users to push it. In late August, when Tesla investor account Teslaconomics said he was weighing whether to give Grok Bot access to his bank accounts, Musk replied, “Try it out. If Grok Bot messes up, we will make you whole.” That promise goes beyond SpaceXAI’s consumer terms, which make users responsible for what their agents do and generally cap the company’s liability at the greater of fees paid or $100. SpaceXAI’s own documentation recommends requiring approval for purchases and financial transfers.

For Tesla owners, the update lands five days after Tesla brought Grok Bot into its vehicles, letting drivers hand off errands by voice while FSD (Supervised) handles the road. Bot access inside the car is currently limited to SuperGrok Heavy subscribers, though Connectors are open to anyone signed into Grok. With Finance linked, a driver could ask for a spending summary or a check on upcoming bills during the commute.

Grok’s role in the car has grown quickly since Tesla’s Summer Update let it control cabin features by voice. We have been using Grok Bot in our own Tesla for several weeks, and here’s how our latest test went.

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SpaceX just got the green light Starship has waited years for

The FAA has cleared Starship Flight 14, setting up SpaceX’s first orbital attempt on Monday.

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SpaceX has cleared the last regulatory hurdle standing between Starship and its first trip to orbit. The Federal Aviation Administration issued the launch license for Starship Flight 14 late Saturday, keeping the mission on track for liftoff Monday, September 28, from Pad 2 at Starbase, Texas.

The 75 minute launch window opens at 7:15 a.m. Central, and Boca Chica Beach closures are also scheduled for September 29 and 30 as backup dates. This will be Starship’s first revenue generating mission.

The license was the missing piece after SpaceX completed a full wet dress rehearsal with Booster 21 and Ship 41 on September 24. At the time, the company said the flight remained on track pending regulatory approval. Because Flight 14 flies an orbital profile, the FAA had to sign off on a modified license that met its safety, payload and financial responsibility requirements.

Observers combing through the new FAA paperwork also noticed that lightning no longer appears among Starship’s listed launch hazards. If that holds, it matters more for where Starship is headed than for Monday’s attempt. Florida and Louisiana, home to LC-39A and the planned Starbase Louisiana site, see some of the most frequent lightning in the United States.

SpaceX tells the FCC that Starship Flight 14 is going to orbit

Flight 14 is the mission SpaceX has been building toward for months. Ship 41 will carry 26 Starlink V3 satellites, the first operational V3 units to be deployed, and attempt roughly six orbits at about 275 kilometers over a flight lasting just under 10 hours. SpaceX says the ship will only perform its orbital insertion burn after flight controllers confirm enough hardware redundancy remains for the deorbit burn at the end of the mission. Ship 41 is targeting a splashdown in the Pacific west of Chile, while Super Heavy will return to the Gulf of Mexico.

The date carries some symbolism as well. A Monday launch would come 10 years and one day after Elon Musk first presented the Interplanetary Transport System, the design that became Starship, at the International Astronautical Congress in Guadalajara, Mexico.

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SpaceX has not announced what comes next, but air traffic planning slides reported this week, list Flight 15 no earlier than October 19 and a first Starship launch from LC-39A in Florida no earlier than October 30. Both dates depend on how Monday goes.

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