from Tumblr http://ift.tt/2nRi5VH
“Tesla’s Model S takes on average 87 days to sell after being listed and the sale price was on average 3 to 5% closer to the list price than most other vehicles.
What is interesting here is that they can not only look at the same segment, like with retained value in the previous study, but also at less expensive vehicles and see just how quick Tesla vehicles move off the lots.
For the study, Alex Klein, VP of Data Science at Autolist, analyzed data from over 10 million vehicles and came to the conclusion that the Model S outperforms even the top performing GM and Ford vehicles.”
We hear a lot about cities and how much they contribute to GDP and innovation but there’s more to it than just business serendipity and hangouts for the Creative Class. Derek Thompson wrote a good piece on what’s happening in New York and what it says about larger trends.
“Urban planners and economists focused on creativity and networks have been singing the praises of the city-living since the Great Recession (or, perhaps, since forever). But local housing policy, limited family finances, and American geographical abundance—not to mention the pro-rural laws of U.S. representative government—are powerful centrifugal forces that push Americans ever-outward into suburbs with lawns, trucks, and cul de sacs. The last decade was a dream. It’s 2006, again.”