A rising variety of Tesla house owners are placing their used automobiles up on the market, as customers react to Elon Musk’s political actions and the worldwide protests they’ve fueled.
In March, the variety of used Tesla automobiles listed on the market on Autotrader.com skyrocketed, Sherwood News reported, citing knowledge from Autotrader mother or father firm Cox Automotive. The numbers had been significantly excessive within the ultimate week of March, when a mean of greater than 13,000 used Teslas had been listed on the market. Not solely was this a document — it’s up 67% from the identical week a 12 months earlier.
At the identical time, gross sales of recent Tesla automobiles have slowed whilst EV gross sales from different manufacturers rise. Nearly 300,000 new EVs had been offered within the first quarter of 2025 within the U.S., based on the newest report from Kelley Blue Book, a rise of 10.6% 12 months over 12 months. Meanwhile, Tesla gross sales fell within the first quarter, down practically 9% from the identical interval in 2024.
Automakers like GM and Hyundai nonetheless lag behind Tesla. But they’re seeing an uptick in development. For occasion, GM manufacturers offered greater than 30,000 EVs within the first quarter, practically doubling the quantity from a 12 months in the past, based on Kelley Blue Book.
