October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsPC HealthRecommendedCrashes, freezes, slowdowns? Check your PC nowSpot repairable issues before they interrupt work.Check PCOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Seattle Tesla Owners Trade In Amid Musk Backlash—But Some Hold On

Seattle-area Tesla owners made different choices amid backlash over Elon Musk. Their reported experiences show why safety, values, trade-in offers and loan balances all matter.
From TheFinanceBase Team4 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Some Seattle-area Tesla owners are trading in their cars amid backlash over Elon Musk, while others are keeping them. The choice is personal, but the reported cases point to two practical questions: what keeping the car means for you and your family, and what selling would cost compared with what you still owe. The figures below come from a March 25, 2025, GeekWire report, not a current market survey.

What the Seattle-area trade-in reports show

GeekWire reported that Tesla vehicles from model year 2017 or newer accounted for 1.4% of all vehicles traded in through March 16, 2025, compared with 0.4% a year earlier. The story attributed the figures to Edmunds, as reported by The Washington Post; GeekWire is the available source for that attribution, and the underlying data was not independently reviewed here. GeekWire’s March 25, 2025 report also quoted a representative at one Seattle-area Toyota dealership who said Tesla trade-ins had increased from roughly one or two a month to five to eight a month. That is one dealership’s observation, not a count for the region.

The report also relayed two broader Seattle-area figures through Seattle Times reporting: households in the area were 130% more likely to have a Tesla than the national average, and new Tesla registrations in King County were down 33% in February 2025. GeekWire cited Washington Department of Licensing data for the registration figure. The underlying Seattle Times reporting and dataset were not separately available, so these should be read as figures reported through that attribution chain, not as independently verified measurements.

Why some owners traded their Teslas

Safety and family concerns

Carter Rabasa, a technology executive who owned a 2020 Model Y, said the optics of driving a Tesla had become a concern for his family. He told GeekWire: “I’ve got a wife and family. I don’t want to wait for something to happen. I don’t want my kids to be traumatized. I don’t want my property to be damaged. It felt like it was irresponsible to hold onto it.” The report also described hostile encounters that contributed to his concerns.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Wigoo for Tesla Model 3 Accessories Sunshade roof, Interior Gray
  • [Seamless Custom Fit] Precisely tailored to Tesla Model 3 2020~2026, Wigoo sunshade matches original car dimensions, seamlessly blending with the roof for an unobtrusive, glove-like integration.
  • [Superior Heat Insulation] Engineered with dual-layer fabric and heat-reflective materials, effectively blocks sun rays, reduces interior heat, and protects against UV damage, ensuring cool comfort during drives.
  • [2026 Patent Nano Upgrade] Features innovative high-density nano-crystal layers and reflective silver coating for rapid heat dissipation. Memory steel frame ensures perfect roof contour adherence and lasting durability.
  • [Quick & Easy Installation] Comes with clear video instructions, enabling installation in just 60 seconds. Innovative memory-steel rim design simplifies folding/unfolding within seconds, easy storage in 30 seconds.
  • [Reliable After-Sales Support] Package includes front/rear sunshades, 10 clips, storage bag, and manual. Our dedicated customer service team provides 24/7 support, ensuring your satisfaction and convenience.

Opposition to Musk’s actions

Matt McCain, a Seattle-area ad-agency founder, said he had experienced hostile verbal encounters while driving his Tesla. He had bought one partly for environmental reasons, but later decided he did not want to financially support Musk. “He’s just doing such awful stuff that I can’t be any part of supporting him economically,” he told GeekWire.

What the reported trades meant financially

The examples show why a decision driven by values or safety can still have a substantial financial consequence. They are individual transactions and offers, not typical valuations or current prices.

Rank #2
UGREEN Tesla Phone Mount with Strongest Magnet Power, Fully Adjustable View
  • Tailored for Tesla: This phone mount for tesla is designed to fit Tesla's central touch screen. Its adjustable knob allow to quick and secure installation on the corners of the console screen. The Destination for Tesla Model 3 and Y Accessories
  • Ultra-Strong Magnetic Hold: Featuring a ring of high-grade N52 magnets, this car phone holder for tesla delivers an unshakable grip. Whether navigating bumpy roads or sharp turns, your phone stays firmly in place without slipping
  • Rock-Solid Stability: The innovative triangular support structure ensures a wobble-free fit on your Tesla screen. With the One-Click Lock system, the phone mount for car stays securely fixed once installed, eliminating any movement
  • Uninterrupted Connectivity and Flexibility: Designed to preserve full phone signal strength, enjoy smooth navigation and seamless app usage. The 360° adjustable ball joint lets you switch between portrait and landscape modes with ease
  • MagSafe-Compatible Convenience: Say goodbye to phone-holding woes and hello to the Tesla Model 3 and Y Magnetic Car Mount with MagSafe. This phone mount holder is specifically designed to work with MagSafe Compatible iPhone 18 17 16 15 14 13 series
Owner Reported transaction or offer Financial context
Carter Rabasa Received an $18,000 quote from Carvana and a $23,000 offer from Rivian for his 2020 Model Y; he chose Rivian and leased an R1S. Reported offers for his vehicle at that time; not a current or representative value.
Matt McCain Traded his Model 3 for a plug-in hybrid Prius. The story reported a $15,000 trade-in value and $19,000 still owed. He had bought the Tesla for $48,000.

Rabasa had previously owned a Model S and said he expected to keep the Model Y for 10 or 15 years. He believed its resale value had fallen and chose the higher Rivian offer over Carvana’s quote. The report does not give the cars’ mileage, condition, loan details, or offer dates, so these numbers cannot establish what another owner should expect.

McCain’s reported trade-in value was $4,000 below his outstanding balance. That gap illustrates a key check before accepting an offer: compare the net amount you would receive after settling the loan with what you owe. A trade-in offer is not the same as equity in the vehicle.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Rank #3
Sale
Pawtein All Weather Floor Mats Compatible with Tesla Model 3 Highland Accessories 2023-2026 6PCS TPE Odorless Floor Mats Set with Cargo Backrest Frunk Trunk Mats
  • 1-Perfect custom fit for 2024-2026 Tesla Model 3 Highland,3D scanned for seamless contour matching
  • 2-Heavy-duty TPE material,all-weather protection against spills, mud, snow and extreme temps
  • 3-Non-slip design with OEM mounting fits,no sliding or noise while driving
  • 4-Complete 6-piece kit,full coverage for floors, trunk and key interior areas
  • 5-Waterproof & easy to clean,wipes or rinses clean in seconds,low maintenance

Why some owners are holding on

Cybertruck owner Javier Luraschi said Tesla’s broader mission mattered to him beyond Musk. He used the truck for commuting, family pickups, and ski trips, and planned to keep it despite hostile gestures and a mark written on the vehicle. He told GeekWire: “The easy path for me would be to say, ‘It’s just a car, sell it.’ But I don’t believe in that. I stand by my decisions and my values and I’m going to keep it.” He also argued that selling would not resolve the political divide and described concern for his family’s safety.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

How to weigh a trade-in decision

The report does not determine what is right for other owners. A practical decision starts with your own circumstances rather than treating a local anecdote or a national trade-in share as a forecast for your car.

Quick Recap

SaleBestseller No. 3
Pawtein All Weather Floor Mats Compatible with Tesla Model 3 Highland Accessories 2023-2026 6PCS TPE Odorless Floor Mats Set with Cargo Backrest Frunk Trunk Mats
Pawtein All Weather Floor Mats Compatible with Tesla Model 3 Highland Accessories 2023-2026 6PCS TPE Odorless Floor Mats Set with Cargo Backrest Frunk Trunk Mats
3-Non-slip design with OEM mounting fits,no sliding or noise while driving; 4-Complete 6-piece kit,full coverage for floors, trunk and key interior areas
$69.99
Bestseller No. 5
Spigen Under Screen Storage Organizer for Tesla Model Y Juniper, 3 Highland
Spigen Under Screen Storage Organizer for Tesla Model Y Juniper, 3 Highland
Easy Installation: Precise magnet attachment for quick and easy installation.; Compatible with Tesla Model Y L (Premium) 2026 [6-seat interior]
$67.99
Best Value
Spigen Under Screen Storage Organizer for Tesla Model Y Juniper, 3 Highland
  • Upgraded Version: Our under screen storage organizer now includes a barrier that keeps your item from falling off and a cutout for the cabin temperature sensor for accurate climate control.
  • Smart Storage: Provide additional space both under and above the screen for easy access to your belongings.
  • Deep Silicone Padding: Reduce noise while increasing stability and protection for items in storage.
  • Easy Installation: Precise magnet attachment for quick and easy installation.
  • The Perfect Gift for Tesla Owners: A high-quality, practical accessory that suits everyday Tesla drivers—ideal for Christmas gift, father's day gift, New Years gift for family members or anyone who owns a Tesla Model 3/Y
Rank #4
Uxcer Nappa Leather Steering Wheel Cover Compatible with Tesla Model 3/Y 2016-2025 2026 Juniper/Highland, Non-Slip Breathable Tesla Model 3/Y Steering Wheel Protector, White
  • 【PERFECT FIT】Compatible with All Tesla Model 3 Model Y steering wheel. Fits like Gloves!
  • 【FULL PROTECTION】Not only protects your steering wheel from further damages like sunburn, fading, wear, and scratches, but also enhances the aesthetics of the car interior.
  • 【NON-SLIP PU LEATHER】Breathable Nappa leather with anti-slip silicone lining for secure grip, adding only about 3mm (0.12 in) to the original thickness.
  • 【EASY INSTALLATION】We suggest warming up the steering wheel cover in the sun or using a hair dryer first, making your installation process easier and more effective.
  • 【Gifts for Tesla Owners】A great gift in form, function, and beauty. An essential Tesla Model 3/Y accessory. Tesla steering wheel cover is comfy to hold, and universal for all seasons.
  • Separate the reasons. Identify whether your main concern is personal safety, family comfort, political values, vehicle ownership costs, or some combination. Those considerations can point in different directions.
  • Work out the loan position. Compare a written offer with the lender’s payoff amount, not just the car’s original purchase price. If the payoff exceeds the offer, account for the shortfall before committing to another vehicle.
  • Compare actual offers. Rabasa’s two offers differed by $5,000, but they applied to his specific Model Y at that time. Get offers for your own vehicle and compare their terms and timing.
  • Consider the alternative’s full cost. McCain switched to a plug-in hybrid Prius; Rabasa leased an R1S. Their choices illustrate different paths, but the report does not provide enough information to compare total ownership costs or recommend a replacement.
  • Decide what you can live with. Luraschi’s choice shows that owners may separate their view of a company’s mission from their view of its leader. Others may see continued ownership as inconsistent with their values or too stressful for their household.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Outdated Drivers Are Slowing You DownFree scan - exact matches
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.