A woman on TikTok is going viral after admitting she regrets buying her Tesla Model Y.
Nejra (@nejra_voden_) said she purchased the car new in 2023. While she didn’t share what she paid, Car and Driver lists this year’s model between $40,000 and $50,000, suggesting her cost was in that range.
Two years later, she isn’t holding back. Buying a Tesla, she said, was “absolutely the worst financial decision I ever made in my life.” In her nearly 3-minute video, Nejra laid out what she both loves and hates about the car. As of Monday, the post had racked up just over 80,000 views.
Why Does She Regret Buying Her Tesla?
Nejra filmed her TikTok from inside her Tesla during her lunch break, reflecting on what she now calls a bad buy. She purchased the car brand new in 2023, but in her words, the value of Teslas and other electric vehicles has since “been in the dumpster.”
“Actually, below the dumpster,” she added.
The biggest problem, she said, is the financial hit. Not only did she roll over some negative equity from her previous car, but the steep depreciation means she’s paying more each month than the car is worth. “That is the biggest [expletive]-point of this car,” she told viewers.
And for what she shells out every month, Nejra thinks she could be driving something far better. “You don’t even want to know the kind of car I could be driving,” she said, before recommending that anyone considering a Tesla should either buy used or lease.
Still, it’s not all doom and gloom. Nejra admitted there are things she “genuinely loved” about the Model Y—like never having to pump gas thanks to her home charger, and the side cameras that make lane changes a breeze. “That will probably be the biggest adjustment when I get into a non-Tesla,” she said.
The speed is another plus. “She’s freaking quick,” Nejra said of her Model Y, boasting it goes from zero to 60 in three seconds flat. In the end, she summed it up as a classic “love/hate relationship.”
Are Teslas Losing Value?
Teslas, especially the high-volume Model 3 and Model Y, have taken a significant hit in value since 2023, according to Kelley Blue Book. In fact, those two models lost nearly a quarter of their worth in 2024 alone. Price cuts and refreshed models made older versions less attractive on the used market, leaving recent buyers frustrated while creating bargains for those willing to shop secondhand.
Tesla’s decision to slash prices in late 2023 and through 2024 reshaped the market. Cheaper new cars meant used ones had to drop even further to stay competitive. Then came updated models, such as the “Highland” refresh of the Model 3, which made pre-refresh vehicles harder to unload. The most popular models—the 3 and Y—were hit hardest. According to Fast Company, the average price of a Model Y listed on the platform dropped by 25.5% between January 2024 and January 2025, and the Model 3’s price fell by 25%. (By comparison, in that same period, the average price of a Nissan Maxima declined by 5.2%, and a Ford Mustang by 5%.)
The trend isn’t just about Tesla, though. The overall value of electric vehicles has been volatile since reaching its peak in 2022. However, Tesla’s pricing strategy exacerbated the depreciation, leaving many owners who purchased at peak prices paying more than they had anticipated, such as Nejra.
For buyers, though, it’s a different story—and now might be a good time to buy a Tesla if you’re in the market for an electric car. A used Model Y or Model 3 can now go for thousands less than just a year or two ago. And while depreciation is a fact of life for any car, the speed and scale of Tesla’s drop are what have caught so many people off guard.
‘Just Bought My Second Tesla’
Plenty of commenters weighed in on Nejra’s video, with some saying they had no regrets about buying their Teslas—mainly because they were able to snag them at lower prices and take advantage of federal incentives.
“I ordered the new Tesla Y (Juniper) and got the $7,500 credit, 42k new out the door,” one wrote. “I feel like I got a good deal.”
“I’m in Colorado, and bought a Tesla just under two years ago and got nearly $18k off, if I remember correctly, with government incentives,” another shared. “Just bought my second Tesla because I got $9,300 off with gov $.”
Others pushed back on Nejra’s reasoning, arguing she went about the purchase the wrong way. Cars almost always lose value, they said, and buying one with the hope it would hold or increase in price was a mistake.
“Cars are not investments,” one viewer wrote.
Another added, “The depreciation doesn’t matter if you plan on keeping it, paying it off, and using it as a commuter car. I’m planning to do that and lease a luxury vehicle.”
“I never buy a car based on what I hope for in resale,” a third said. “I drive them until they are scrap.”
Still, not everyone defended Tesla. Some owners echoed Nejra’s frustrations.
“You forgot to mention the hours that you spend sitting at the charging station,” one quipped.
“As a Tesla owner, [I] completely agree,” another added.
InsideEVs has reached out to Nejra via a direct message on TikTok for comment. We’ll be sure to update this story if we hear back.
