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400K miles actually!

https://electrek.co/2018/07/17/tesla-model-s-holds-up-400000...

Has it really been 10 years since the Model S came out? ..., well, maybe a very short 10 years - the Model S came out in 2012.

AND, that used battery is highly valuable still (useful for power walls). That line of argument is pure unconcealed FUD.

Why then the manufacturers don’t just buy them back and give you the new one for peanuts ?

They do buy them back, but the new one isn't peanuts [EDIT: I don't exactly know the current cost of a new battery]. Also: it's not a sudden cliff, but a gradual degradation and 10 years is very conservative. BTW: I have read that there is a big demand for used Tesla batteries from a sizable DIY powerwall crowd.