JUST IN: Tesla Owners Rushing to Sell Their Car

Teslas are now the most common electric vehicles on the used car market. This has meant that the cost of a used Tesla has also declined, with the average price of a used Tesla now being $10,000 less than a car of a different brand.

According to U.S. News & World Report, there are currently over 14,000 used Teslas for sale in the U.S, the majority of which are selling for around $30,000. By contrast, in 2022, the average cost of a used Tesla was $70,000

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