According to a report by TechCrunch, Tesla owners are significantly increasing their listings of their vehicles on the used car market.
Cox Automotive revealed that over 13,000 Tesla vehicles were listed in the used car market during the last week of March alone. This figure represents a staggering 67% increase compared to the previous year and sets a new record high.
While the used Tesla market is booming, the company’s new car sales are declining, bucking the trend of increasing electric vehicle (EV) sales from other brands. According to the latest report from Kelley Blue Book, U.S. EV sales approached 300,000 units in the first quarter of 2025, marking a 10.6% increase from the previous year. However, Tesla’s sales during the same period dropped by 9%.
In contrast, other automakers, such as General Motors and Hyundai, continue to see growth in their EV segments. General Motors sold over 30,000 EVs in the first quarter, nearly doubling its sales in the same period last year.
