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.

  • blakenong
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    2 days ago

    He’s already ripping them out of government buildings. An absolute obvious waste of money and time since they are already installed and functional.

    Before 2025, I’d agree with you. But it’s tits to the wind these days, and politicians on both sides are bowing to Trump.