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3 in 10 Tesla owners to sell their cars over Elon Musk’s antics

Elon Musk's increasingly controversial actions are making ripples around the world, and Tesla owners are taking drastic action.

A survey conducted in the Netherlands by media company EenVandaag found that nearly three in 10 owners are considering selling their car.

Participants admitted that Musk's actions made them feel embarrassed to own the brand.

Online, many Tesla owners have expressed frustration with some owners taking serious actions, including selling their cars, to distance themselves from Musk and the Tesla brand.

One user, Canna — Lucente said: I've already done it. I'm waiting for the new one (other than Tesla) to be delivered. ”


Elon Musk arrives at President Trump's inauguration on January 20, 2025. Getty Images

Another user RicLP said, “I'm not going to sell my stuff. What do you mean? But I'm never going to buy another one. Also, I'm not going to sell anything like he's putting his greasy little feet in.” I don’t work for, buy, or use services.”

Several users debated whether it's worth selling their car now that it's obsolete.

But depreciation on new cars is an expected reality, and from the moment you drive your car off the dealer lot, you've lost money.

New car prices can drop by 10-15% in the first year alone, and continue to drop by about 15% each year thereafter.

But for electric vehicles (EVs), it's even worse: an iSeeCars study of 1.1 million cars sold between November 2022 and October 2023 found that the average price of an electric car is lower than the market average. In comparison, it was revealed that it fell by 49.1% in the first five years after its release. 38.8%.

“I was rewarded, but there's no next time. If it had a decent trade value, I would have had an Ioniq in my garage instead,” GamingTrend said.

According to Car Sales, there are currently 783 used Teslas for sale in Australia.

But despite the flood of used Teslas and negative sentiment, the survey revealed a loyal fan base.

More than half said Musk's actions had little impact on their feelings about the brand.


Tesla Cybertruck Odyssey on display at start of tour at Mall of Berlin, with celebrities GE Sridharan, Rudi Ferrer and Wayne Moss in attendance
Tesla Cybertruck Odyssey on display as it begins its tour at Mall of Berlin on May 2, 2024 in Berlin, Germany. Getty Images

For some, Tesla's innovation was far more important than his questionable behavior.

“There are composers who have made beautiful music and done bad things. That doesn't make their music any less beautiful,” Lightning JC said.

Some wondered if the billionaire had lost sight of his original vision.

“It was 2021 when we bought MYP. At the time, it seemed like Elon was on a mission to save the planet. Now he promises to 'practice baby drills' on his first day.” I identified myself with a guy who did, but it's very clear to me that he just sold out to make as much profit as possible,” CR8VJUC said.

Musk's antics are not only damaging his brand, but his long-term financial health.

As one user, Temporary-alarm-744 explained: “The hope is that selling will increase supply and reduce resale value, which will reduce demand and encourage further price reductions.”

Musk has also drawn criticism for his handling of X, with nearly half of survey respondents saying they were considering leaving the platform, calling it “toxic and hateful media.”

Tesla's brand loyalty has been tested by Musk, and while some may see him as a visionary, the growing criticism of his actions could have a lasting impact on the brand. be.

For now, many owners like Kento418 are weighing their options.

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