Tesla Cybertrucks Are Gathering Dust, Even With $6,000 Discount
www.forbes.com
As unwanted Cybertruck inventory rises, Tesla is forced to introduce discounts. But even $6,000 savings aren't bringing buyers into showrooms.

Summary

Tesla is struggling to sell its Cybertruck, even after applying discounts of up to $6,000. Inventories are piling up in the U.S. and Canada, with demand falling short of expectations.

The 2025 model qualifies for a $7,500 tax credit, but the 2024 model—still in stock—does not. There are also concerns that the tax credit may soon be eliminated.

Tesla’s goal of producing 250,000 Cybertrucks annually seems unrealistic, and analysts suggest a cheaper single-motor version may be needed to stimulate demand.

The Cybertruck’s hype appears to be fading.

  • danA
    6·
    11 hours ago

    Does anyone even make a 25k truck at this point?

    Definitely doable outside the USA. For example, the Toyota HiLux is pretty popular in Australia and other countries, and starts at AU$27k (US$16.7k) drive away (including all fees and taxes).

    A lot of other countries have cheap cars that can’t be purchased in the USA, usually due to high tariffs. The most popular EV brand (BYD) isn’t available in the USA, but in Australia you can get a pretty decent entry-level EV (BYD Dolphin), better quality than a Tesla Model 3, for around US$18k.