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There's been a rise in people listing their Teslas this year, and it looks like many of the vehicles are finding buyers as the average resale price dipped slightly last month.
Data released on Wednesday from Cox Automotive indicates that the number of used Teslas sold increased by 27% month-over-month in April. The increase brought the automaker's share of the used-car market to an estimated 47%. Chevrolet and Ford followed, with 8.9% and 6% of the used-car market, according to the data.
The average sale price for used Teslas in April decreased 1.8% month over month. The overall average listing price for used EVs decreased 2.8%, according to Cox Automotive's data, up from 3.8% from the same period last year.
Tesla's growth in the used-car market comes as the EV giant has had a tough start to the year. In addition to its first-quarter vehicle deliveries being 13% lower than the same period last year and its worst since 2022, the company has also been mired in months of boycott efforts resulting from Elon Musk's political involvement.
Following harassment and vandalism aimed at Tesla stores and owners of the brand's vehicles, some owners have shared plans to ditch the vehicle, and others have posted TikTok videos ofΒ trading in their Teslas for a new EV. Cadillac said this week that it's attracting more Tesla owners, specifically for its Lyriq model.
However, Joseph Yoon, Edmunds' consumer insights analyst, told Business Insider that the increase in used-Tesla sales doesn't necessarily reflect politically motivated offloading. With the value of used Teslas falling dramatically over the past year, Yoon said that many likely can't afford to sell their vehicles if their values don't align with its CEO.
"Tesla buyers, they don't have that kind of just cash to burn for the sake of feeling better about themselves," Yoon said.
Cox Automotive director of industry insights Stephanie Valdez Streaty told BI that Tesla's market share in the used-EV market is correlated with the automaker's dominance in the overall EV market. Up until last year, Tesla held around half of the EV market share, and in 2020, they held close to 80%, Valdez Streaty said.
"They've just been at it a long time," Valdez Streaty said. "So, there's a lot more Teslas in the marketplace that become used Teslas."
Tesla hasn't launched a mass-market vehicle since 2020 when it released the Model Y, which went on to become one of the top-selling vehicles in the country. The Cybertruck, launched in late 2023, currently starts at $69,990, and a March recall filing revealed that fewer than 50,000 had been sold. As the company faces an increasingly aging car line-up, the used EV market is growing.
Tesla Hong Kong
Valdez Streaty said that Tesla's used cars are, on average, $7,000 less expensive than the average pricing for all used EVs. Its affordability and the options available can make it a good option, she said.
While it's still notable that some Tesla owners say they are ditching their vehicles because of politics, it's not clear whether it's happening at scale, Yoon said. For context, Tesla held an estimated 53.3% market share in the used-car market in 2022, 44.5% in 2023, and 44.7% in 2024.
There was a bright spot for Tesla in the Cox Automotive data β sales of new vehicles appear to be on the rise.
While most auto manufacturers saw a monthly decrease in new vehicle sales, Tesla was one of the few that reported sales growth for new vehicles, with a 3% increase driven by Model Y sales. In April, Tesla sold an estimated 25,231 of its Model Y, which was recently refreshed. GM and Nissan were among the other brands highlighted in the report that saw a growth in new EV sales.
The report said that the growth in used EV sales comes at a time when EVs face continued challenges with affordability, availability, and additional uncertainty due to looming tariffs. A recent consumer survey conducted by Cox Automotive indicates that nearly 50% of respondents believe tariffs will significantly impact their decision to buy an EV.
Netflix; Chelsea Jia Feng/BI
If you can't get enough of shows centered on rich people in picturesque, beachy locales, Netflix has your next binge-watch lined up.
"Sirens," the streamer's new dark comedy series, is about an enigmatic lawyer turned socialite who drives a wedge between two sisters who have a fraught relationship.
Meanwhile, the latest seasons of shows like "The Studio" and "The Last of Us" are coming to a close this week, but others are just getting started.
Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Apple TV+
The finale focuses on studio head Matt Remick (Seth Rogen) and his team's efforts to execute a dazzling presentation for CinemaCon that can save Continental Studios from being sold to a tech company. There's more to come, though, since the show is already renewed for a second season.
Streaming on: Apple TV+
Macall Polay/Netflix
The five-episode limited series centers on the complicated dynamic between Devon DeWitt (Meghann Fahy) and her high-strung younger sister Simone (Milly Alcock), who works as a live-in personal assistant to the frightening but alluring Michaela Kell (Julianne Moore).
When Devon notices Simone and Michaela's eerily close relationship and the cultlike environment at Cliff House, she decides to intervene.
Streaming on: Netflix
Reiner Bajo/Disney
Kidman is back as health guru Masha Dmitrichenko, and she trades her sunny California retreat for the snowy Austrian Alps as she meets a new group of strangers eager for a transformative experience. The season two cast includes Henry Golding, "The White Lotus" standout Murray Bartlett, "Schitt's Creek" star Annie Murphy, and more.
The first two episodes are now streaming, with the remaining six episodes releasing weekly.
Streaming on: Hulu
National Geographic
The five-episode National Geographic series follows the actor as he travels to Tuscany, Lombardy, Trentino-Alto Adige, Abruzzo, and Lazio to sample the cuisine and culture of each Italian region.
Streaming on: Disney+ and Hulu
Apple TV+
Guy Ritchie's latest action movie centers on siblings Charlotte (Natalie Portman) and Luke (John Krasinski), who use their knowledge of history to track down a hidden fountain of youth.
Streaming on: Apple TV+
Prime Video
"Earnhardt" delves into Dale Earnhardt's life on and off the track and the Earnhardt family's enduring racing legacy.
The first two episodes are now streaming, with the remaining episodes releasing on May 29.
Streaming on: Prime Video
Bill Greenblatt/UPI/Shutterstock
The sports documentary explores how NFL quarterback Brett Favre's stardom crumbled after controversies like the Mississippi welfare scandal.
Streaming on: Netflix
Tubi
The multigenerational romantic comedy centers on the intertwined lives of several Asian-American strangers as they navigate love, family, loss, and other challenges. The film stars Lana Condor, her "To All the Boys" costar Ross Butler, "Fast & Furious" franchise favorite Sung Kang, and more.
Streaming on: Tubi
Netflix
Netflix's long-running animated series comes to an end this week with its eighth and final season. In the last batch of episodes, the high schoolers encounter drugs, cancel culture, and, of course, puberty.
Streaming on: Netflix
Greg Endries/HBO
Three years after coming out as gay in his comedy special "Rothaniel," Jerrod Carmichael reflects on being raised straight, recalls secretly using Grindr, and jokes about his boyfriend's passive-aggressive tendencies.
Streaming on: Max
Alan Markfield/Netflix
The movie is set in May 1988, as Shadyside High School seniors prepare for prom night. But the festivities are terrorized by a masked killer who begins murdering the girls competing for the coveted title of prom queen.
Streaming on: Netflix
Warner Bros.
The 2025 sci-fi movie stars Pattinson as Mickey Barnes, a man who takes on a job as an expendable member of a space crew. Each time Mickey dies while on a dangerous assignment, his body is reprinted and his memories get uploaded to the new copy.
Streaming on: Max
Liane Hentscher/HBO
After a shocking character death in an earlier episode of season two, the latest installment of "The Last of Us" concludes on Sunday.
The end of the road for "TLOU" isn't near, though; the series was already renewed for a third season, and showrunnerΒ Craig Mazin is hopeful for a fourth seasonΒ to wrap up the narrative.
Streaming on: Max
Joey Hadden/Business Insider
I've spent six days of my life traveling between NYC and Guam β days because the journey across the Pacific takes 24 hours.
Each time, the day includes two layovers, two back-to-back long-haul flights, one medium-length flight, and a grueling 14-hour time change. It's exhausting, especially since I always fly economy. But taking these trips when I was younger warmed me up for the job ahead.
I now work as a travel reporter, and I've taken many international flights by myself that were six hours or longer from North America to Europe. I've spent 190 hours in the air on long-haul journeys β all in economy.
Along the way, I've picked up some tips on how to pack, stay comfortable, and remain entertained on a plane.
Here are my long-haul flight tricks to help you survive hours in economy, especially if you're flying solo.
Joey Hadden/Business Insider
If you don't bring your own food, you might end up with nothing but pretzels and Biscoff cookies for several hours. Many long-haul flights include meals, but some don't.
For example, on my most recent long-haul flight from NYC to Vancouver, British Columbia, with JetBlue, I thought I'd get a complimentary meal on the six-hour journey. But I later learned from the JetBlue website that the airline only serves free meals on transatlantic flights. Luckily, the flight had a complimentary self-service snack pantry, so I avoided paying for a full meal, most of which were $13.
But the snacks only curbed my hunger and didn't leave me feeling full, so it's best not to rely on your airline to satisfy your hunger.
Joey Hadden/Business Insider
The same advice goes for entertainment.
Some airlines have been filtering out seatback screens because many people prefer their own devices. And in-flight entertainment systems that take place through apps sometimes stop working during flights.
So, I recommend bringing your own screen and downloading films and shows from streaming services you subscribe to. For example, Netflix has this option in the app.
Joey Hadden/Business Insider
When traveling for hours on end with multiple layovers, it's nice to have some background jams to keep your spirits up, especially if you're aΒ solo traveler.
I recommend creating a long playlist packed to the brim with all your favorite tracks for all your typical moods to make the trip go by faster.
Joey Hadden/Business Insider
Speaking of layovers, I suggest staying active through them by walking around and exploring the terminal, if you are able.
Whether your layover is one hour or five, you'll be glad you spent the time on your feet once you're seated for your next flight.
Joey Hadden/Business Insider
Another way to keep moving throughout your trip is to opt for an aisle seat.
I had always been a window seat person, but I've completely changed my mind since traveling solo on long-haul flights in recent years.
I like to stretch my legs often on long flights, so I prefer being able to stand up and walk around whenever I please without the nervousness that comes with waking a sleeping stranger next to me and asking them to move.
Joey Hadden/Business Insider
Some views are worth sitting still for. And if you can't get an aisle seat, I think a window seat is your next best bet. Who doesn't enjoy a view and somewhere to rest their head?
Joey Hadden/Business Insider
This is especially important if you're traveling through extremely different climates.
And you never know when the airplane will be too hot or cold for comfort.
clubfoto/iStock/Getty Images
The priorities for your preciously limited carry-on space should go to overnight essentials: basic toiletries and a change of clothes. Otherwise, you'll end up sitting uncomfortably in your filth for hours, and that'll make the trip feel longer.
Joey Hadden/Business Insider
If you struggle to relax and fall asleep on flights like me, a neck pillow is a total game changer. Economy seats aren't typically very comfortable, so having a soft place to rest my head almost feels like an upgrade.
Joey Hadden/Business Insider
You're already increasing your carbon footprint simply by being on a long-haul flight, so why not avoid using single-use plastics?
Staying hydrated through air travel is crucial, and you'll probably end up buying a plastic bottle if you don't bring your own, at airport prices. So do the world and your wallet a tiny favor.
Joey Hadden/Business Insider
I've never splurged on premium economy, but I was lucky enough to get a free upgrade on a recent JetBlue flight from NYC to Vancouver. Now that I've tried it, I think I will on my next long-haul flight.
The $180 upgrade included a comfier seat with a thick headrest and extra legroom, as well as other perks like early boarding and exclusive snacks.
The seat is still in the coach cabin, so I don't think I'd upgrade on a short flight, but I'd book a premium ticket for six or more hours stuck in a seat.