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.
Davina McCall’s partner has said she is out of surgery after undergoing an operation to remove a brain tumour.
The 57-year-old television presenter had revealed in a video posted on Instagram earlier today she had a benign brain tumour, a colloid cyst, which she described as “very rare”.
She said the chances of having it were “three in a million,” and she had discovered it a few months ago, after a company offered her a health scan in return for giving a menopause talk.
She also announced she would be having the surgery this evening.
Now her partner – hairdresser Michael Douglas – has posted on social media to say the operation went well.
He said: “Hey all. Davina is out of surgery and according to the surgeon it was textbook! She’s currently recovering in ICU as a precaution, as you can imagine she’s utterly exhausted.
“Thanks so much for all the love from everyone on here… it’s powerful stuff, we are super grateful.”
McCall earlier said the tumour’s discovery came as a shock.
She said: “I slightly put my head in the sand for a while, and then I saw quite a few neurosurgeons, I got lots of opinions. I realised that I have to get it taken out.”
Advertisement
McCall described it as “big”, 14mm wide, adding: “It needs to come out, because if it grows it would be bad.”
She explained that she would have it removed via a craniotomy, describing the procedure: “They go through the top of my head here and through the two halves of my brain to the middle.
“They get the cyst, take it out, empty it, and Bob’s your uncle.”
She added before the surgery: “Say a prayer for me, I am in good spirits.”
She said she would be in hospital “for around nine days”, but during her recovery, she would be “off my phone for a while”.
Joking and smiling, she urged fans “not to worry about me”, admitting, “I’m doing that enough!”
She went on to counter that, explaining: “I’m not worrying too much, and I am in a good space, and I have all the faith in the world in my surgeon and his team, and I’m handing the reins over to him. He knows what he’s doing, and I’m going to do the getting better bit after.”
She signed off saying, “see you on the other side”.
What is a benign brain tumour?
According to the NHS website, a benign (non-cancerous) brain tumour is a mass of cells that grows relatively slowly in the brain.
They are unlikely to spread, but are still serious and can be life-threatening.
When successfully removed, a tumour will not usually return at all, but if it cannot be completely removed it may grow back, and so will be monitored using scans or treated with radiotherapy.
Many people return to normal activities following successful surgery, but some are left with persistent problems, such as seizures and difficulties with speech and walking.
Non-cancerous brain tumours are more common in people over the age of 50, and symptoms include headaches, blackouts, behavioural changes and loss of consciousness.
Davina McCall says her tumour is a colloid cyst – which is made up of a gelatinous material. Symptoms can include headache, vertigo, memory deficits, diplopia, behavioural disturbances, and in extreme cases, sudden death.
Celebrity friends were quick to send their support, with stars including Rylan, Alan Carr and Holly Willoughby sending love.
According to the NHS, non-cancerous brain tumours are slow-growing and unlikely to spread, but are still serious and can be life-threatening.
McCall rose to fame presenting on MTV in the mid-1990s, and later on Channel 4’s Streetmate, before becoming a household name as the host of Big Brother from 2000 to 2010.
She’s gone on to present programmes across the networks, and currently presents ITV dating show My Mum, Your Dad.
Last year, McCall was appointed Member of the Order of the British Empire (MBE) in the 2023 Birthday Honours for services to broadcasting.
In recent years, McCall has spoken regularly on women’s health and the effects of menopause in a bid to break taboos around the subject. Her 2022 book, Menopausing, won book of the year at the British Book Awards.
The same year, McCall fronted the Channel 4 documentary Davina McCall: Sex, Mind And The Menopause, and told the BBC that the perimenopausal symptoms caused her difficulties multi-tasking and she considered that she had a brain tumour or Alzheimer’s disease at the time.
The presenter has previously raised money for Cancer Research UK by running for Race For Life in honour of her late sister, Caroline Baday, who died from lung cancer in 2012 at the age of 50.
Married twice, McCall has three children, two daughters and a son, with her second husband, presenter Matthew Robertson.
She has lived with Douglas since 2022, and they present a weekly lifestyle podcast together, Making The Cut.
McCall explained it “needed to come out, because if it grows it would be bad,” and described a procedure called a craniotomy which would remove the cyst through the top of her head.
The former Big Brother host said she was “in good spirits,” and would be in hospital “for around nine days” following the procedure.
Please use Chrome browser for a more accessible video player
2:49
Davina McCall diagnosed with rare brain tumour.
It’s not clear on which day McCall’s surgery is scheduled, or if she has had the procedure yet.
Quick to share his love with the 57-year-old star, presenter Rylan wrote: “We’re all thinking of you beautiful,” while comedian Alan Carr wrote: “Big love my darling!!”
Ex-This Morning presenter Holly Willoughby wrote: “I’m sending you all the love and then a whole lot more,” and singer Ashley Roberts added: “All the love gorgeous one!! Sending all the healing vibes. Love you!!”
Former Popstars judge and presenter Nicki Chapman wrote: “You and I have chatted about this day… you are in amazing hands with your surgeon and the team. Everyone loves you.
Advertisement
“Thank you for not only being a brave girl but for sharing your condition. You will help sooooo many other people. big hugs. 30-second rule. See you soon N xx.”
Actress and chef Lisa Faulkner wrote: “Sending all my love to you. Best wishes and all positive prayers for a speedy recovery”.
McCall’s current partner, hairdresser Michael Douglas, has said he will be sharing updates from her account while she is “off-grid” and recovering, assuring fans the presenter is “in great shape and in very good hands”.
Other celebrities to share positive thoughts included Stacey Dooley, Donna Air, Helen Skelton, Denise Van Outen and Kimberly Wyatt.
McCall rose to fame presenting on MTV in the mid-1990s, and later on Channel 4’s Streetmate, before becoming a household name as the host of Big Brother from 2000 to 2010.
Follow Sky News on WhatsApp
Keep up with all the latest news from the UK and around the world by following Sky News
She’s gone on to present programmes across the networks, and last year was appointed Member of the Order of the British Empire (MBE) in the 2023 Birthday Honours for services to broadcasting.
She has three children with her second husband, presenter Matthew Robertson.
Conan O’Brien has been announced as the host of next year’s Oscars.
It’s the Emmy Award-winning comedian’s first time heading up the ceremony, which is Hollywood‘s most high-profile showbiz event.
“America demanded it and now it’s happening: Taco Bell’s new Cheesy Chalupa Supreme. In other news, I’m hosting the Oscars,” O’Brien said in a statement.
He also shared a spoof short video on social media, showing him clasping an Oscar statuette and thanking the Academy for his Oscar, before clarifying he was hosting the show rather than receiving an award.
The 61-year-old TV presenter, writer, producer and comedian is best known for hosting the late-night talk shows Late Night with Conan O’Brien, The Tonight Show with Conan O’Brien and Conan.
X
This content is provided by X, which may be using cookies and other technologies.
To show you this content, we need your permission to use cookies.
You can use the buttons below to amend your preferences to enable X cookies or to allow those cookies just once.
You can change your settings at any time via the Privacy Options.
Unfortunately we have been unable to verify if you have consented to X cookies.
To view this content you can use the button below to allow X cookies for this session only.
Before fronting his own self-named shows, he wrote for the enormously popular US late-night sketch show Saturday Night Live and the long-running satirical cartoon The Simpsons.
Between 2019 and 2021 the Oscars went without a main presenter.
Oscars executive producers Raj Kapoor and Katy Mullan said in a statement: “Conan has all the qualities of a great Oscars host, he is incredibly witty, charismatic and funny and has proven himself to be a master of live event television.
“We are so looking forward to working with him to deliver a fresh, exciting and celebratory show for Hollywood’s biggest night.”
Follow Sky News on WhatsApp
Keep up with all the latest news from the UK and around the world by following Sky News