Used Tesla listings have jumped 33% this year
The number of used Teslas listed for sale in the US has jumped 33% since the beginning of the year, according to a new report from automotive services and technology provider Cox Automotive, citing data from online vehicle marketplace Autotrader. That jump coincides with Tesla CEO Elon Musk’s ascension to the leader of the Department of Government Efficiency and his car company’s recent plummet in public perception.
As a result of Musk’s actions, people have been protesting in front of Tesla dealerships and boycotting the brand. Meanwhile the FBI has just launched a task force to “crack down on violent Tesla attacks.”
You could see why some people might want to get rid of their Teslas.
Of course, it’s possible people just all of a sudden hate electric cars. Listings for used EVs sans Tesla jumped about 26% in that time, though that stat might also just reflect the fact that many new EV models from other brands have become available in the last couple of years, and those are now trickling down to the used market.
Tesla stock is trading down more than 6% today.
