Tesla Exodus 2025: Record High Used Listings as Owners Abandon Brand

Tesla Exodus 2025: Record High Used Listings as Owners Abandon Brand
Tesla is facing a significant downturn in popularity, with over 13,000 used units listed on the market, marking a 67% year-over-year increase. This surge is linked to a sharp decline in resale values, with the Model Y losing an average of $6,000 in the past year. New car sales have also plummeted, particularly in Germany, where sales dropped by 76%. The backlash against Tesla appears to be driven largely by CEO Elon Musk's controversial political associations, prompting many former fans to seek alternatives. The trend shows no signs of reversing as thousands of Teslas flood the used market weekly.