--- title: "Elon Musk's Political Fallout Fuels Record Dump of Used Tesla Cars — Now Selling For Thousands Below Market Value" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/235726010.md" description: "Elon Musk's political affiliations have led to a record surge in used Tesla listings, increasing by 67% year-over-year. Over 13,000 used Teslas were posted for sale in March, pushing prices down by approximately $10,000 compared to other EVs. This trend is attributed to Musk's polarizing public image and rising competition in the EV market. Despite a decline in sales, Tesla maintains a 43.5% market share and plans to launch new models and services to regain momentum." datetime: "2025-04-12T20:51:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/235726010.md) - [en](https://longbridge.com/en/news/235726010.md) - [zh-HK](https://longbridge.com/zh-HK/news/235726010.md) --- > 支持的语言: [English](https://longbridge.com/en/news/235726010.md) | [繁體中文](https://longbridge.com/zh-HK/news/235726010.md) # Elon Musk's Political Fallout Fuels Record Dump of Used Tesla Cars — Now Selling For Thousands Below Market Value As the backlash against **Elon Musk** intensifies, a record number of **Tesla, Inc.** TSLA owners are rushing to offload their vehicles, flooding the used market and driving prices down. **What Happened:** The used car market saw a record surge in Tesla listings in March, with over 13,000 used Teslas posted for sale on Autotrader, according to Cox Automotive, reported Business Insider. That marks a 67% year-over-year increase and comes amid nationwide protests dubbed the “Tesla Takedown,” which targeted Musk's growing political affiliations — including his role as head of DOGE and close ties to the **Donald Trump** administration. **See Also:** **Elon Musk’s Father Defends Tesla, Says Son Is ‘Doing The Right Thing’ And The Stock Would Recover To $600 By 2025 End: Here’s What Analysts Think About TSLA** A Cox Automotive spokesperson told the publication that the spike in listings is being driven by two main factors: Tesla's massive growth between 2021 and 2023, which naturally feeds into the used market now, and Musk's increasingly polarizing public image. "We cannot ignore the influence of Elon Musk's new high-profile job as DOGE boss and presidential confidant. That is certainly influencing some owners and buyers," the spokesperson said. **Stephanie Valdez Streaty**, director of industry insights at Cox Automotive, said that Musk's political and public persona is creating “significant challenges” for Tesla, compounding issues like rising competition and an aging vehicle lineup. **Why It Matters:** The surge in used Tesla inventory is weighing on prices. According to CarGurus, the average used Tesla now sells for about $10,000 less than other electric vehicles, the report noted. Tesla is trying to regain momentum with two major launches this year: a more affordable EV model expected in the first half and a robotaxi service slated to debut in Austin, Texas, in June. According to a Cox Automotive report, the U.S. EV market saw a 10.6% year-over-year growth in the first quarter of 2025, although Tesla experienced a decline. Despite this, Tesla remains a dominant force in the domestic EV market. Despite an 8.6% drop in sales year over year, Tesla still leads the segment with a commanding 43.5% market share. Tesla’s expansion into new markets, such as Saudi Arabia, highlights its global ambitions despite challenges in Europe. However, a new consumer survey in March revealed that Musk is making Americans less inclined to purchase a new Tesla. According to Benzinga's Proprietary Edge Rankings, Tesla holds a momentum rating of 90.20% and a growth rating of 67.67%. For more stock insights and growth opportunities, subscribe to Benzinga Edge. The consensus price target for Tesla is $299.99, based on evaluations from 29 analysts. Benchmark set the highest target at $475 on Feb. 12, while GLJ Research gave the lowest at $24.86 on the same day. The three latest price targets from UBS, Mizuho, and Benchmark average around $305, indicating a potential upside of 20.58%, according to Benzinga Pro data. _Check out more of Benzinga’s Future Of Mobility coverage by following this link._ **Read Next:** - **Elon Musk Thinks ISS Has Served Its Purpose And Should Be Deorbited, But Sunita Williams Says It Is Still At Its Prime: ‘This Place Is Ticking. It’s Just Really Amazing’** **_Disclaimer_:**_This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Photo courtesy: Shutterstock_ ### 相关股票 - [Tesla (TSLA.US)](https://longbridge.com/zh-CN/quote/TSLA.US.md) ## 相关资讯与研究 - [SpaceX IPO Puts Sam Bankman Fried/FTX Stake In Musk Company Back In Spotlight: Here's The Missed Profits](https://longbridge.com/zh-CN/news/281557662.md) - [Tesla’s sales recover slightly, but the trend lines are all bad](https://longbridge.com/zh-CN/news/281541012.md) - [Gavin Newsom Hails Apple's '50 Years Of Innovation' As Tesla, Chevron, McKesson Leave California](https://longbridge.com/zh-CN/news/281496370.md) - [Tesla sales rise as national average gas price surpasses $4](https://longbridge.com/zh-CN/news/281667672.md) - [Tesla Posts One Of Its Worst Sales Quarters In Years—Prediction Markets Saw It Coming](https://longbridge.com/zh-CN/news/281548812.md)