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.
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.”