Tesla's Price Cuts Spark Surge in Used Electric Vehicle Sales

The used EV market is finally starting to catch a bid, thanks to Tesla's trendsetting in lowering prices during the last two years of major ongoing EV competition. The change in the market has been evident at CarMax Inc.’s superstore in Fremont, California, according to a new Bloomberg report.  General manager Henry Melendez told Bloomberg about the results of the falling prices: “We’ve seen a really good amount of interest. They’ve always wanted to get into an electric vehicle, but it just wasn’t quite as affordable.”Bloomberg…