For years, used electric cars were a tough sell for price-sensitive buyers. But over the past couple of years, the script has flipped. And nowhere is that more apparent than with used Teslas, now hitting the market at fire-sale prices. As my colleague Rob Stumpf notes, the average price of a used Model Y has dropped by $6,000 since March 2024 and by a whopping $20,000 since 2023, according to CarGurus. The potential reasons include the refreshed Model Y that was much-awaited, older leases coming to an end, Tesla's price war and the "Musk Fatigue," which might after all be real. Speaking of which, Staff Writer Kevin Williams explains how Elon Musk's role as the head of the Department of Government Efficiency and his involvements with far-right politics are hurting the brand and have pummeled Tesla's market value. Its share prices have dropped to pandemic-levels and its market valuation has been cut in half since January, wiping out all post-election gains. Sit tight, because the news is Tesla-heavy today and most of it runs counter to what the brand once stood for. —Suvrat Kothari, Staff Writer | 
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