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.

  • @Regrettable_incident
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    34 hours ago

    Yeah, exactly. Musk has totally burned his market. Maybe he doesn’t care now he’s got power. I do feel sorry for the people who bought a Tesla a few years ago because they wanted to reduce their environmental impact and who are now stuck with a car that has a powerful nazi association. I wonder if there’s a spike in people trying to sell them.

    • @[email protected]
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      fedilink
      13 hours ago

      I think the adults in the room at Tesla saw it coming which is why they came with a contract that forbids the sale of the swasticars for a period of time after the initial purchase.