Tesla Service Center and parking lot with Cybertruck, Boston, Massachusetts

(Lindsey Nicholson/Getty Images)

Used Up

Tesla sales aren’t looking that great on the used car market, either

Sales are rising nowhere near as fast as they are for non-Tesla electric vehicles.

3/5/25 10:56AM

So far, it’s been a rough year for Tesla, what with new car sales dropping around the world despite the company’s prediction it would return to growth in 2025.

But what about the much larger, but interrelated, market for used vehicles?

As more EVs become available on the secondary market in the US and as their prices more closely match those of internal combustion engines (much more so than in the new car market), used EV purchases have been taking off at a rapid clip, according to new data shared with Sherwood News from auto research and shopping site CarGurus.

In the US, overall used EV sales were up 33.6% in February compared to a year earlier.

While Tesla’s Model 3, Y, and S remain the top-selling EV models in the US, their lead in the field is narrowing with competitors.

If you look at used EV sales without Tesla, they were up nearly 50% in February. Used Tesla sales have been growing much more slowly: about 17% in that time.

Meanwhile, after rising significantly in 2022 and 2023, the portion of non-Teslas to Tesla EVs on the secondary market has remained pretty steady lately.

Over time, these trends have meant that Tesla’s portion of used EV sales in the US has declined to just 43% in February. A similar thing has happened in the new car market, where Teslas dropped to 44% of new EV sales in Q4.

That’s despite numerous promotions and price cuts on new Teslas that have translated to lower prices in the used market, where the average selling price of a Tesla is now less than that of a non-Tesla.

Chris Stokel-Walker

Bot bias

6/17/26

Companies are getting AI chatbots to smear their competitors

The race to influence AI chatbots is leading to some companies to adopt shady competitive tactics.

Tom Jones6/17/26

Prediction markets have, predictably, been given a boost by the summer of sports

Major platforms like Kalshi and Polymarket have seen huge upticks in users of late, thanks in no small part to what’s felt like a recent sporting smorgasbord, with major competitions across hockey, basketball, and soccer soaking up fans’ time (and spending, clearly) at the outset of summer.

While gaming industry groups may not like it, there’s been a huge change in the methods people are using to put money on the big games, with everyone from fortunate NYC bar owners, to a far less fortunate Spanish supporter, turning to prediction markets to try and turn their sports know-how into cold, hard cash.

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

2026 World Cup Reverses Seasonal Lull for Sports Betting Apps

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

South by Southwest Conference and Festivals

Gold Tesla Cybercabs are piling up, but they’re not picking up passengers yet

Low-volume production started in April. Now people are noticing them more and more in the wild.

Rani Molla6/15/26

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TAKING ACCOUNTS

6/15/26

Britain announces social media ban for under-16s starting early 2027

The UK government plans to use the same model for the restrictions as Australia — but how successful has that case study been so far?

UK Prime Minister Announces Under-16s Social Media Ban

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Anthropic pulls Fable and Mythos access worldwide after Trump administration bars their use by foreign nationals

Only days after releasing two versions of its next-gen AI model, Anthropic has disabled them for users worldwide.

Anthropic says it received a Friday night order from the Trump administration to suspend access to the models for any foreign national (anywhere in the world) — a group that included some Anthropic employees. In response, the company turned off access to everyone.

Last week, the company released to the public its much-anticipated Claude Fable 5 model (and its restricted version Claude Mythos 5, which is still being tested with trusted partners). Anthropic said in a blog post announcing the action that officials cited national security concerns with the new models, while offering few specific details.

The post said that the government gave the company “verbal evidence of a potential narrow, non-universal jailbreak” of the public Fable 5 model. A jailbreak is a means by which users can evade restrictions built into the code to unlock prohibited functionality. Anthropic downplayed the significance of the attack, and said other major models, such as OpenAI’s GPT-5.5, could also be affected by the technique described.

Fears of these first Mythos-class models being misused are running high, after Anthropic warned the cybersecurity world in May that the advanced cyber capabilities of Mythos have rapidly discovered thousands of vulnerabilities in ubiquitous software, leading to the decision to restrict the full version of the model to a close group of trusted partners for testing.

This morning, Axios reported that Anthropic technical staff have flown to Washington to meet with White House officials to resolve the issue.

The Wall Street Journal is reporting that the Trump administration’s decision to take action against Anthropic was prompted by discussions that Amazon CEO Andy Jassy had with officials, including Treasury Secretary Scott Bessent. According to the report, Amazon researchers said they had been able to evade some of Fable 5’s security restrictions using specific prompts. Amazon is a major investor in Anthropic.

Anthropic is currently suing the US government to fight the Pentagon’s blacklisting of the company on national security grounds.

Statement on the US government directive to suspend access to Fable 5 and Mythos 5