The used cars market increases, but Tesla electric vehicles are a notable exception to this trend – leaving the sellers who find it difficult to recover even half the value they would have a year ago.
AS Electrek detailed On April 18, Cargurus found that the second -hand prices of cars had increased by 2.17% in the last 30 days. This percentage continued to climb, reaching 2.28% To April 29.
However, Tesla did not experience this same boost. At the time of the Electrek report, the prices of the cars of the car manufacturer had dropped by 1.34% in the United States. Almost two weeks later, the car values used by Tesla are still down 1.21%.
Tesla does not only have a reduced resale value in the United States, where the polarizing actions of the CEO Elon Musk as a special advisor to the federal government have tested the brand's general faithful consumers.
Éric Piuze, who has a used automotive dealer in Montreal, Canada, said The Montreal Journal according to which some of the teslas of its batch opted for half what they were in 2024 – and that other second -hand car dealers have confirmed that they had an excess offer of used teslas.
“People don't want it anymore,” said Piuze, by ElecrektrekFrench translation. “The Elon Musk effect is very real in Quebec.”
Tesla's popularity slide and the subsequent influx of people trying to sell their teslas would not have had a negative impact on drivers who wish to return their used Tesla for another vehicle, but it could also have wider economic and environmental implications if the downward trend continues.
The automaker does most of its manufacturing in the United States, generating the equivalent of nearly $ 45 million each day for the economy of California and serving as larger employer in Austin, Texas.
Meanwhile, even if we take into account the manufacture, the exploration of batteries and the load, electric vehicles are much better for the planet (and our respiratory systems) in the long term than gas vehicles because they generate any pollution when they are driven.
While Tesla's actions and sales fell at the beginning of 2025, consumers are still in solid interest to other types of electric vehicles, which are cheaper than gas vehicles.
“The reason Tesla became so large, it is because they were the first, had a monopoly, but these days are over,” said a commentator Electk wrote. “Fortunately, there are a lot of good electric vehicles these days.”
In fact, experts claim that the increase in competition on the market is one of the other factors contributing to the Tesla crisis – and the initial cost of electric vehicles becomes more affordable to start.
While the Tesla market used seems “broken”, like Electk notesA silver lining is that now may be the best time for buyers interested in a Tesla to hang one at an advantageous price.
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