<ul><li>Tesla's used electric vehicle (EV) sales increased by 27% in April, with the average sale price decreasing by 1.8%, indicating a growing share in the used-EV market.</li><li>Analysts attribute Tesla's success in the used-car market to its EV dominance and aging lineup, with the Model Y driving new EV sales growth by over 3% in April.</li><li>While some Tesla owners have expressed plans to sell over concerns related to vandalism or Elon Musk's politics, the company remains a key player in the overall EV market.</li><li>Overall, Tesla's increase in used-car market share aligns with its historical market dominance, as the company's more affordable used models continue to attract buyers amidst pricing fluctuations.</li></ul>

People are buying up used Teslas as the average sale price dips

Discover more