Tesla spiked in March
As consumers react, more and more Tesla owners are selling used vehicles Elon Musk’s Politics and Global protest They supplied fuel.
In March, the number of used Tesla vehicles sold at Autotrader.com skyrocketed. Reported by Sherwood Newscites data from AutoTrader parent company Cox Automotive. Numbers were particularly high in the last week of March when Tesla, which averaged over 13,000 used, was listed for sale. Not only is this a record, it’s also an increase of 67% from the same week of the previous year.
At the same time, sales of new Tesla vehicles have slowed down even as EV sales from other brands rose. Approximately 300,000 new EVs were sold in the US in the first quarter of 2025. According to the latest report from Kelley Blue Bookan increase of 10.6% from the previous year. Meanwhile, Tesla Sales have declined In the first quarter, it was down almost 9% from the same period in 2024.
Automakers like GM and Hyundai are still behind Tesla. But they see an increase in growth. For example, the GM brand sold over 30,000 EVs in the first quarter, almost doubled the volume they had from a year ago, according to the Kelley Blue Book.