Tesla (TSLA) Entry-Level Pricing Continues Lower as CPO Inventory Builds

Tesla (Nasdaq: TSLA) has come under fire somewhat from pundits that believe the electric vehicle maker won't succeed due to most of its vehicles being out of the price range of most consumers.

But, as new models are introduced and the months pass, Tesla's inventory of certified pre-owned (CPO) vehicles is growing, while prices continue to drop.

On the Tesla CPO website, the starting price for a Model S60 is $52,000 with the vehicle at 27,237 miles. That's not exactly cheap, but it is a much better deal than the $75,000 starting price (excluding any tax credits) for a new Model S70D.

EV-CPO.com has some S60s starting at $43,800 (with around 24,000 miles).

While owning an EV isn't for everyone, those that have been interested in owning a Tesla are seeing the entry point become more and more achievable. This could prompt those waiting for the mass-market Model 3 to jump in now, versus having to wait a few more years.

CPO inventory might even get more robust as Model X production and deliveries ramp higher.

Shares of Tesla are flat in early trading Thursday.

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