WHY THIS TESLA WAS MY BIGGEST FINANCIAL MISTAKE

EV Channels Review

The reviewer details a significant financial misstep with the purchase and subsequent repair of a flooded Tesla Model X. Initially acquired for $30,000, the vehicle's repair journey was plagued by unforeseen issues, including water damage to the BCM, charger, drive motor, and battery pack. The reviewer highlights critical lessons learned: avoiding overconfidence, not falling in love with a salvage vehicle, conducting thorough due diligence (especially with flood-damaged cars), and knowing when to cut losses. The project escalated in cost, requiring replacement of the battery, BCM, motor, interior, and even downgrading from a performance motor to a standard one, ultimately costing around $70,000. The reviewer concludes that salvage rebuilds are generally not worth the investment unless performing the labor oneself, emphasizing the high risk of unexpected expenses and the potential for the final cost to exceed the value of a comparable used, clean-title vehicle.