Tesla's used electric vehicle listings have surged by 33% since January 2025, reaching over 11,500 vehicles, according to Cox Automotive. This increase contrasts with a mere one percentage point gain in Tesla's market share of used EV listings. Industry experts attribute this bubble to both supply issues and the controversial actions of CEO Elon Musk, which have negatively affected the brand's public perception. As demand drops, average used Tesla prices have plummeted by $10,000 compared to competitors. The electric vehicle market is becoming increasingly competitive, posing future challenges for Tesla.