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Tesla owners are trading in cars at record rates amid Musk backlash

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.

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Of all vehicles traded in at dealerships for new or used cars through March 16, 1.4 percent were Tesla cars from model year 2017 or newer — the highest share on record, according to data from U.S. car shopping website Edmunds, which analyzed purchases at traditional dealerships (but not direct-to-consumer brands). The data shows a steady increase: Last March, 0.4 percent of all vehicles traded in were Teslas. The figure rose to 0.8 percent in January and 1.2 percent in February.

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. Protesters have vandalized cars and storefronts at Tesla facilities across the country and set Tesla charging stations ablaze, among other violent and destructive acts.
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Trump on Friday threatened vandals of Tesla cars with 20-year sentences in El Salvador’s infamous mega-prison, after Attorney General Pam Bondi earlier this week said attacking Teslas was “domestic terrorism.”

Musk’s company has faced declining stock price and consumer boycotts since the start of the year. Tesla’s stock, which peaked at around $480 per share in December, closed Thursday at $236.26 per share. In January, Tesla sales in Europe sank 45 percent compared to the previous year.
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.
Jessica Caldwell, head of insights for Edmunds, said Musk’s reputation may be one of the reasons for the increase in trade-ins.
“Brand loyalty is becoming a bigger question mark as factors such as Elon Musk’s increasing public involvement in government, Tesla depreciation concerns and its increased saturation in major metro areas leave some longtime owners feeling disconnected from the brand,” she said.
As more carmakers enter the electric vehicle market, consumers have begun to explore their options. Searches for used Teslas in February fell 16 percent from the previous month and 7 percent from the previous year, signaling that consumers are considering other electric vehicles, according to a February report from Cars.com.

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Open letter/suggestions for Tom

Since we know we have insiders here and this can get to the staff, I figured we could post ideas/suggestions for the program. Let's not turn this into a bitch fest, fire Tom thread, as we know he is not going anywhere. Just post your open ideas/suggestions to improve the program. I also know Tom has forgot more about wrestling than most of us have ever known.

Mine is to bring in a non-Iowa assistant. I know loyalty is great and all, and I'm sure that Tom asks for feedback from his coaches, but when all of the coaches probably have the same line of thinking, not a lot of new ideas are created.

Actual butts in seats (scanned tickets): For 2024-2025: Ave was 5,045. For 2023-2024: Ave was 5,742. Iowa last sold $4M in MBB tickets in 2004-2005

March 11, 2025 update:

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ORIGINAL POST:



Announced attendance: total tickets sold AND distributed.

Scanned tickets: the number who actually show up at Carver, get their tickets scanned at the entrance, and head to their seat.

The numbers are not good, obviously. Note, too, the drop in ticket revenue last year and this year.

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#1000pages FSU Third Natty (Women’s Soccer 2021 & 2023, and Cheerleading 2023 achieved)

Possibly by the end of the week. We’ve reached an agreement with a candidate and the final contract is being drawn up as we speak. It should be signed either by the end of this week or the beginning of the next one. There’s still some things that might pop up that could scuttle it, but I’d say it’s about 95-99% likely based on the inside scoop I’m hearing.

I was “sworn to secrecy” about who it is but I can say 90-95% of the fans will be happy with the switch. The remainder will be only those few who still loved Taggart, those who want O’Dell to take over a top flight position (as this signing will prove) without real experience as a HC and the NFL geeks who wanted Sanders with no real HC experience. The only hints I’ll add is that if it goes through as expected no one can say FSU is being cheap and some broadcast media are going to look foolish.

I was told that while the official final contract is being drawn up and reviewed, we will continue interviewing candidates just in case something goes wrong last minute so we’re not stuck with Norvell or Mark Stoops and that those meetings may be leaked not to add pressure to the one we’re waiting on a signed contract with but to show due diligence to the fan base and media.
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