Automakers jump on Tesla’s brand woes with discount EV offers

Quick Summary:

Tesla trade-ins in the U.S.are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters.  Automakers are pouncing on the opportunity.

Tesla trade-ins in the U.S.are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters.

Most of the offers don’t require buyers to actually trade in their Teslas to qualify, though Joseph Yoon, consumer insights analyst at Edmund, says the trend is certainly pointing towards EV owners making the switch due to the automaker’s recent brand devaluation.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United StatesJordan

Topics: Elon Musk Transportation Volvo Lucid Tesla EV Polestar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 13:00:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 952 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27583769

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