Tesla Is Dominating The Used EV Market
95707 Tesla Is Dominating The Used EV Market

Tesla Is Dominating The Used EV Market

According to a report from Recurrent, a firm that tracks used electric car sales in America to assess volume trends, used Teslas sell faster than any other EV on the secondhand market. The report focused on vehicle sales of various EVs in the past 90 days versus their number in inventory, giving the firm “a relative proxy of used car turnover in the country.” If one company sells more vehicles than it has for sale, then it means that turnover of inventory is happening quickly. In Tesla’s case, the data says that the EV manufacturer is turning over 4.5 cars for every one listed.

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