Exclusive: Tesla trade-ins on pace for record high amid Musk backlash
1. Record trade-ins of Tesla vehicles reported by Edmunds. 2. Protests against Elon Musk's advisory role may impact public perception.
FAQ
Why Bullish?
Increased vehicle trade-ins indicate strong demand for Tesla products, similar to past growth periods.
How important is it?
High trade-in numbers can indicate stronger future sales, though may be offset by brand perception issues due to protests.
Why Short Term?
Immediate demand boosts can drive short-term stock performance; however, potential external protests could create volatility.