34-year-old TikTok executive Sora Lee regrets buying a new Tesla Model 3, considering it a "huge mistake."

34-year-old Sora Lee, earning $400,000 a year as TikTok's global head of product marketing, regrets buying a new Tesla Model 3 for $70,000, calling it a "huge mistake." She wishes she had bought it used or considered the financial impact more closely, as cars are a depreciating asset that generally lose value over time. Money experts often advise against buying new cars, as they are typically a bad financial decision.