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Fortune
Fortune
Jason Ma

Since Elon Musk joined Trump's White House, more Tesla owners are trading in their cars than ever before

Tesla Inc. Elon Musk Edmunds Donald Trump BMW Ford Hyundai Jessica Caldwell
(Credit: Joseph Prezioso—AFP via Getty Images)
  • According to data from car-shopping site Edmunds, this month is on pace to set a new record high in Tesla owners trading in their electric vehicles. That's as CEO Elon Musk has taken on a high-profile role in the Trump administration, leading an effort to slash federal payrolls and sparking a massive backlash against the EV brand.

March is on pace to set a new record high in Tesla owners trading in their electric vehicles, according to data from car-shopping site Edmunds.

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