Tesla Has Raised New Car Prices as Used Values Sink. Carvana Is Trying To Keep Up.

Tesla


just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing and new tax credits are why.

Online used car seller


Carvana


(ticker: CVNA), for instance, looks like it is having some problems adjusting pricing quickly enough to keep up with changes from Tesla (TSLA).