Striking Data from the U.S. Used Car Market

Over the past year, an interesting trend has emerged in the U.S. used car market. While overall used car prices increased by 1.22%, Tesla vehicle prices fell by 4.59%.

Tesla’s Cybertruck model was hit the hardest, with second-hand prices dropping by 30.44%.

This situation is being linked to a decline in the brand’s reputation. The company CEO’s involvement in politics appears to have come at a significant cost to the brand.