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April 18, 2025
A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled.
In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The numbers were particularly high in the final week of March, when an average of more than 13,000 used Teslas were listed for sale. Not only was this a record — it’s up 67% from the same week a year earlier.
At the same time, sales of new Tesla vehicles have slowed even as EV sales from other brands rise. Nearly 300,000 new EVs were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 10.6% year over year. Meanwhile, Tesla sales fell in the first quarter, down nearly 9% from the same period in 2024.
Automakers like GM and Hyundai still lag behind Tesla. But they’re seeing an uptick in growth. For instance, GM brands sold more than 30,000 EVs in the first quarter, nearly doubling the volume from a year ago, according to Kelley Blue Book.
