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Tesla trade-ins surge to record high
The number of Tesla owners trading in their cars surged to a record high in March, compounding the troubles of an automaker that has been embroiled in controversy since CEO Elon Musk became a central figure of President Donald Trump's administration.
The number of Tesla owners trading in their cars surged to a record high in March, compounding the troubles of an automaker that has been embroiled in controversy since CEO Elon Musk became a central figure of President Donald Trump's administration. The rise in trade-ins comes as Musk faces backlash for his role in dramatic cuts to the federal government through the U.S. DOGE Service. Some Tesla owners have also begun to express buyer's remorse, fearing their car signals to others that they support Musk, one of the most powerful right-wing political figures in the United States.
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