 The Tesla Model S is more like conventional cars, with three-year depreciation of about 40%.And plug-in hybrids depreciate less than all-electric cars but still depreciate faster than conventionally powered cars.Researchers from the University of California, Davis conducted a study to identify the factors influencing the decision to adopt high-end battery electric vehicles (BEV), such as the Tesla Model S, as these vehicles are remarkably different from mainstream BEVs.