Surge in Used Tesla Listings Amidst Controversy

Surge in Used Tesla Listings Amidst Controversy
In March, listings for used Tesla vehicles on Autotrader.com saw a dramatic increase, climbing 67% compared to the previous year. This surge coincides with consumer reactions to Elon Musk's political activities and related global protests. Over 13,000 used Teslas were listed for sale in the final week of March alone. Concurrently, Tesla's new vehicle sales declined nearly 9% in the first quarter of 2025, contrasting with a broader growth of 10.6% in EV sales across other brands. GM and Hyundai experienced notable growth, nearly doubling their EV sales in the same period.