Tesla is being massively sold: the number of used cars for sale in the USA has increased amid Musk's actions

The number of used Tesla cars put up for sale in the US has increased dramatically amid falling sales of new models. This was reported by TechCrunch, writes UNN.

Details 

According to TechCrunch, the reason for these sales is both changes in the market and the reaction of owners to the political activity of the company's head, Elon Musk.

It is reported that in March, the number of used Tesla cars put up for sale on Autotrader.com increased dramatically. 

In the last week of March, more than 13,000 used Teslas were listed on the platform - a record figure and 67% more than in the same period last year.

Used Tesla prices in the US and UK are falling faster than before – FT08.04.25, 17:24 • 15923 views

At the same time, sales of new Tesla cars in the country in the first quarter of 2025 fell by almost 9% compared to the same period in 2024. Meanwhile, other automakers that also produce electric vehicles are increasing their market share.

Automakers such as GM and Hyundai are still behind Tesla. But they are seeing accelerating growth. For example, according to Kelley Blue Book, GM brands sold more than 30,000 electric vehicles in the first quarter, nearly double the figure from a year ago.

Let us remind you 

On April 7, Tesla shares fell 10% to $214.80, below Howard Lutnick's forecast. Overall, Tesla shares are down 50% from their record high in mid-December.