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The value of an average used Tesla has toppled more than $1,500 so far this month, according to a new report.

On Jan. 1, a used Tesla retailed for $37,090, according to data from auto-shopping website CarGurus.

Just 20 days later, as of Jan. 21, the standard used Tesla runs for $35,554, marking a $1,536 decrease so far this month.

For reference, during the same period, CarGurus’ used car index — which takes into account mean average sales price by mileage and market class for an array of gas- and battery-powered vehicles — fell just $377.

The Elon Musk-run EV-manufacturer has had a rough start to 2024, as its share price has also seen a downward trend: Year-to-date, Tesla’s share price has dipped nearly 16%, to $208.80.

Representatives for Tesla did not immediately respond to The Post’s request for comment.

As Tesla has increasingly lost market share to EV-rival BYD — the Chinese EV-maker that dethroned Tesla as the top electric auto-manufacturer in the latest quarter — it has also lost business at car-rental giants like Hertz and SIXT.

Hertz announced earlier this year that it’s scrapping about 2,000 of its EVs — about 80% of which were Teslas, citing high costs associated with repairing the fleet.

As of last week, Hertz was already offering Tesla Model 3s on its website for as little as $18,000.

The rate marks a nearly 50% discount from the $35,000 price tag the Model 3 boasts on Teslas website — another indication of how much the Austin-based manufacturers cars depreciate in value.

Hertz CEO Stephen Scherr even mentioned the declining value of EVs during a call with investors in October.

“The MSRP [manufacturer’s suggested retail price] declines in EVs over the course of 2023, driven primarily by Tesla, have driven the fair market value of our EVs lower as compared to last year, such that a salvage creates a larger loss and, therefore, greater burden,” Scherr said at the time.

Separately, SIXT, Europe’s largest car-rental firm, said last month that it was dropping Teslas from its EV offerings.

Shorty thereafter, SIXT announced plans to buy as many as 250,000 Stellantis vehicles — which will be a mix of combustion-engine, plug-in hybrid and battery-electric vehicles, including Jeeps, Chryslers and Dodges, among others.

A spokesperson for SIXT insisted to The Post last week that its Stellantis order is unrelated to the companys decision to sell its Teslas.

SIXT also attributed its phase-out of Teslas to high repair costs in comparison to their gas-powered counterparts.

EVs involved in a crash typically result in a high repair bill because of their complex features, such as safety sensors in bumpers, which may seem like a luxurious perk when driving but is a costly fix even when it has a minor dent.

Recent data from insights firm LexisNexis Risk Solutions found that drivers pay out about 14.5% more for insurance claims when they switch from a gas-powered car to an electric one like a Tesla which make up the majority of EV sales in the US.

LexisNexis also found that EVs are more likely to be involved in an accident, with the frequency of insurance claims rising 14.3% for drivers who ditch their gas-powered car for an electric one.

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Science

A Nearby Planet May Have Formed the Moon Following a Collision With Early Earth: Study

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A new analysis of Apollo samples and Earth rocks suggests that a nearby rocky planet, not a distant object, collided with early Earth and formed the moon. The study argues that this lost planet, Theia, originated in the inner solar system and shared Earth’s early neighbourhood, offering fresh insight into one of the most important events in our planet’s history.

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Science

International Space Station Makes History As Eight Visiting Spacecraft Simultaneously Dock

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In December 2025, the ISS reached a historic milestone with eight visiting spacecraft docked simultaneously for the first time. The lineup included Soyuz crew vehicles, Progress cargo ships, Japan’s HTV-X1, Northrop Grumman’s Cygnus, and two SpaceX Dragons. The rare configuration highlighted intense crew rotation operations and the ISS’s role as a global hub for…

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‘Never-before-seen’ images of Jeffrey Epstein’s island released – showing ‘disturbing look into his world’

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'Never-before-seen' images of Jeffrey Epstein's island released - showing 'disturbing look into his world'

Images and video of Jeffrey Epstein’s private Caribbean island have been released by politicians in the US.

Democrats on the House Oversight Committee said on X that they were “a harrowing look behind Epstein’s closed doors”.

“We are releasing these photos and videos to ensure public transparency in our investigation and to help piece together the full picture of Epstein’s horrific crimes,” said representative Robert Garcia.

“We won’t stop fighting until we deliver justice for the survivors.”

The images show empty courtyards, bedrooms and other rooms from his villa.

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Mr Garcia said: “It’s time for President Trump to release all the files, now.”

President Trump recently approved their release after US Congress voted overwhelmingly in favour.

More on Jeffrey Epstein

The US Department of Justice now has until mid-December to release thousands of files linked to civil and criminal cases involving Epstein.

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It could shed more light on the paedophile financier, who socialised with figures including Donald Trump, Andrew Mountbatten-Windsor and Peter Mandelson.

Their connections have already been revealed in more than 20,000 other files disclosed last month.

But much more is set to follow as the Epstein Files Transparency Act demands release of all files relating to Epstein, including investigations, prosecutions and custodial matters, as well as records connected to Ghislaine Maxwell.

Politicians have said the files’ release is critical to uncovering whether powerful figures have received special treatment or protection.

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