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How Elon Musk’s Tesla price war is disrupting Australia’s used EV market

Carsales CEO Cameron McIntyre recently sold a Tesla after putting 80,000 kilometres onto its odometer. Then he bought another.

Tesla had cut its prices on major models in China. CFOTO/Sipa USA

Carsales doesn’t make much money from used electric vehicles. At least, not right now. But chief executive Cameron McIntyre recently added a new Tesla Model Y to his personal fleet of vehicles, in a signal that he has a close eye on this market.

“They’re great cars to drive,” he told Capital Brief. But that’s not the reason he bought into the EV market.

In fact, McIntyre just sold a Tesla Model X after putting 80,000 kilometres onto its odometer.

“I made the switch to an EV because being a technology business I wanted to make sure that we understood technology changes that were coming through car manufacturers.”