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Tesla owners are offloading their cars in droves

  • Used Tesla listings have increased by 33% this year, possibly influenced by Elon Musk's actions and the availability of Tesla vehicles.
  • According to Cox Automotive, Tesla's share of used EV listings only rose by one point to 40% this year.
  • Used Tesla prices have been declining, with the average price now $10,000 less than that of a non-Tesla electric car.
  • Industry experts believe that Tesla faces challenges from increased competition, an aging product lineup, economic factors, and controversies surrounding Elon Musk.

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