Electric vehicle owners getting hit with negative equity as depreciation crushes used EV values

EV are no fun in some respects! They sometimes self immolate and they may loose value quickly! How much does a new battery cost? 

Electric vehicle owners getting hit with negative equity as depreciation crushes used EV values | Just The News "The data shows that a Tesla Model 3 will depreciate 45% after three years. A gas-powered Toyota RAV4, for comparison, will depreciate 22% after three years. The resale value of the Tesla Model 3 after one year of ownership is only 64.38% of its purchase price."