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Tesla Causes Used Car Prices to Plunge -- What You Need to Know


Tesla (NASDAQ: TSLA) has already caused chaos in the used car market in the first few weeks of 2023. The company lowered prices on new vehicles, which caused a drop in used vehicle values, and the impact may show weakness in both auto companies and the economy overall. Travis Hoium highlights what you need to know in this video.

*Stock prices used were end-of-day prices of Jan. 18, 2023. The video was published on Jan. 19, 2023.

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Source Fool.com

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