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Cadillac’s Electric Gambit Pays Off: Tesla Owners Flock to New Luxury EVs
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Cadillac’s Electric Gambit Pays Off: Tesla Owners Flock to New Luxury EVs
Cadillac is making waves in the electric vehicle (EV) market by attracting Tesla owners who are trading in their cars for the brand’s new line of luxury EVs. According to recent reports from CNBC and Jalopnik, Tesla trade-ins now make up roughly 10% of Cadillac’s EV sales, with some models, like the Lyriq, seeing as many as 25% of buyers switching from Tesla. This marks a striking turn of events for Cadillac, which just a decade ago was struggli…
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