resale value

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Tesla's Roller Coaster Ride: Used Electric Vehicle Prices Plummet in Early 2026

The used electric vehicle market is experiencing a shake-up with a significant drop in Tesla model prices. This comes as no surprise amidst market challenges, oversupply, and aggressive price cuts by new EV models.

Apr 8

Tesla's Roller Coaster Ride: Used Electric Vehicle Prices Plummet in Early 2026

Tesla's Turbo Turnaround: Used Car Prices Under Pressure Amidst EV Market Surge

In a surprising twist, Tesla's used car prices have dipped by 5.3% in 2025, bucking the trend as overall used car prices rise by 3.7%. Despite Tesla's premium brand status, aggressive price cuts for new Teslas have led to this depreciation, impacting resale values notably for popular models like the Model S and Model Y.

Aug 24

Tesla's Turbo Turnaround: Used Car Prices Under Pressure Amidst EV Market Surge

Tesla Trade-In Turmoil: Cybertruck Values Go Wild in Software Snafu

Tesla's trade-in system for Cybertrucks mistakenly showed inflated values, causing excitement and confusion. This software glitch led to offers exceeding original truck prices, with some reaching over $118,000. Tesla has confirmed these were errors and will refund affected order fees. The incident ignited speculation among owners but left actual trade-in values unchanged.

Aug 24

Tesla Trade-In Turmoil: Cybertruck Values Go Wild in Software Snafu

Tesla Cybertruck: A Year In, and a 35% Value Dip!

The Tesla Cybertruck, Tesla's futuristic electric vehicle, is seeing an unexpected depreciation rate of up to 35% within just its first year. This rapid decline starkly contrasts Tesla's initial 30% depreciation projection over three years, and it's largely due to sagging market demand and surplus inventory.

May 23

Tesla Cybertruck: A Year In, and a 35% Value Dip!

Used Tesla Prices Drop Amidst Rising Competition and Musk's Misdemeanors

Tesla's used car values are falling sharply due to escalating competition in the electric vehicle (EV) market, a slew of more affordable EV options, and the controversial actions of CEO Elon Musk. Once a leader in holding value, some used Teslas are now selling for nearly half their 2024 valuations, while the overall used car market enjoys a growth surge. Are Tesla’s troubles a temporary setback, or a sign of the times?

May 5

Used Tesla Prices Drop Amidst Rising Competition and Musk's Misdemeanors

Used Tesla Listings Surge in Canada amid Elon Musk Backlash and Economic Woes

In Canada, a surge in used Tesla cars on the market is making headlines, linked to economic strain and backlash against Elon Musk, dropping resale values significantly.

Mar 27

Used Tesla Listings Surge in Canada amid Elon Musk Backlash and Economic Woes

Tesla Turmoil: Progressive Owners Ditch Cars Over Musk's Politics

An increasing number of progressive Tesla owners are selling their cars in reaction to Elon Musk's political affiliations and public stances. This shift is causing a decline in Tesla's market share as some owners opt for alternative EV brands, distancing themselves from Musk's support for Trump and controversial policies. The brand is witnessing a polarization in its customer base, impacting resale values and signaling broader implications for the EV industry.

Mar 18

Tesla Turmoil: Progressive Owners Ditch Cars Over Musk's Politics

The Cybertruck: Tesla's Polarizing Pickup Faces Roadblocks and Refunds

In a surprising turn of events, Tesla enthusiast Ryan Levenson has returned his Cybertruck under the Lemon Law due to multiple technical issues. In a blow to Tesla, Levenson also canceled over 50 additional Cybertruck orders as rental profitability on platforms like Turo dwindles. These developments hint at a potential softening demand for the once-coveted Cybertruck, with unusual market shifts as inventory remains readily available and resale values plummet. Plus, Tesla's brief production pause in December raises questions about quality control. Dive into the drama unfolding in the world of this futuristic, yet divisive, electric truck.

Dec 26

The Cybertruck: Tesla's Polarizing Pickup Faces Roadblocks and Refunds