Tesla, once one of the most beloved electric car brands, is now seeing more of its owners giving up their vehicles than ever before. Data from car-shopping site Edmunds shows that trade-ins have reached an all-time high in March.

New report piles on top of dismal sales data, and declining stock value, for the once dominant, Elon Musk-owned electric vehicle maker.

The number of Tesla trade-ins has surged in the past year, likely fueled by Elon Musk's controversial involvement in politics and the Trump administration

Tesla faces declining sales and stock value as Elon Musk's political role drives away customers. Investor concerns grow as registrations drop 11%.

In an all-hands company meeting broadcast on X, Tesla Chief Executive Elon Musk urged employees to hold on to their shares, which have fallen in value by 34% year to date.

Throughout its years as a publicly traded company, Tesla (TSLA) has experienced fairly consistent volatility due to both internal and external forces. Between the unpredictable nature of both CEO Elon Musk and the electric vehicle (EV) market,