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.
I remember when he got everyone excited about them it was supposed to be this affordable thing. I think it was 25k for a base model? Now they’re how much? And how poorly designed?
Good thing he got a government job, I don’t think he was cut out for the private sector…
When they were $25k and had impervious window they seemed like a reasonable albeit silly looking electric vehicle for work. Now… Not so much.
100k for this monstrosity.