What is a disadvantage of a Tesla?
High Repair Costs and Insurance Premiums Parts availability, specialized repair shops, and advanced materials all contribute to this expense. Additionally, insurance premiums for Tesla models can be higher than average due to the vehicle’s high value and repair complexity. Comparison with Traditional Vehicles When compared to traditional vehicles, Teslas are notably more expensive to repair. The Highway Loss Data Institute found that the repair costs for Teslas are significantly higher than for similar luxury vehicles with internal combustion engines.However, J. D. Power says, Tesla’s batteries tend to degrade to the extent of about 1% of range per year, which means the batteries retain 90% of their capacity after 10 years on the road; that is well within expectations for the industry.JUST IN: Tesla is the MOST Affordable car to own and maintain, according to Consumer Reports. Over the first five years of ownership, maintenance costs average $730. In the following five years, costs rise to $4,320, bringing the total 10-year maintenance cost to $5,050.Advancements in Technology Tesla has always been on the cutting edge of what comes next in the automotive industry, which actually makes its vehicles depreciate faster. That’s because as the technology advances in new models, the older ones tend to go out of date quickly.