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Used Tesla prices have soared since the end of the $7,500 tax credit, even as other EVs get cheaper

Tesla dominates the used EV market in the US.

Brandon Bell/Getty Images

  • Used Tesla prices are rising as the secondhand EV market booms following the end of the $7,500 tax credit.
  • That's a relief for Tesla owners, who have seen resale prices plunge in the past few years.
  • The Model S and X saw the largest price hikes. Elon Musk said Tesla would discontinue them to build its Optimus robots.

The market for used Teslas is heating up.

A booming secondhand...

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