Used Tesla Prices Are Dropping. Are Elon Musk’s Politics to Blame?
The situation has changed rapidly. Although President Donald Trump’s victory was initially seen as a blow to the electric vehicle movement, he promptly announced that Tesla CEO Elon Musk would lead a new Department of Government Efficiency, in effect becoming Trump’s right-hand man.
Car shoppers could get a deal on a used electric vehicle, with used EV prices declining by more than hybrid and gas models.
Prices for used Tesla EVs plummeted 13.6% over 2024 to an average of $32,198. On a model level, Porsche’s Taycan saw the ...
Tesla stock had its best percentage gain in two months Wednesday, but some prominent Wall Street analysts are starting to ...
Kimbal Musk, the brother of Tesla CEO Elon Musk, has been offloading shares of Tesla in recent months just as the stock has ...
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.
Tesla has lost share to Chinese competitors, while Elon Musk’s political activities have led to steep declines in Tesla sales ...
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