Tesla owners get rid of their cars

It appears that Tesla owners are rushing to sell their cars, leading to a significant drop in prices.

Since Elon Musk—Tesla’s founder and CEO—was appointed head of DOGE by Donald Trump, Tesla’s stock price has plummeted, along with sales of its electric vehicles.

Earlier this week, the billionaire saw his net worth shrink by $29 billion as vandalism against Tesla intensified in protest of Musk’s growing influence within the U.S. government.

According to CarGurus, Tesla remains the most widely used EV brand on the resale market, which has led to an average $10,000 price drop compared to other car brands.

San Francisco, a city home to many tech companies, has become one of the hotspots where Tesla owners are rapidly getting rid of their cars.

A former Tesla owner told the San Francisco Chronicle that he traded in his Model 3 for a BMW after just one year.

(QG - Source : Newsweek - Picture : © Unsplash)