The parent has edited their comment, but the issue is that the sticker price on the Model 3 is still too high— you need to drive it for a super long time/distance to recoup those costs.
Apparent resale value, perhaps -- that is, what people ask for them. What they actually sell for is a different story. I am trying to sell my Model 3 Performance right now. After owning it for just over a year. It seems to have depreciated about a thousand bucks a month.
Partly because I'm a car spaz (I seem to buy a different one every couple years), and partly because I'm now fully remote with no expectation of going back to commuting, so I'm barely driving 50-100 miles a month. Having a nearly 60K car sitting in the garage doing nothing but depreciating is not a great plan. It's my third car, I don't really need it in any case.