Tesla slaps $10K discounts on Cybertruck as sales skid and inventory builds up
- Tesla is reducing Cybertruck production and reallocating workers to the Model Y lines, according to workers.
- Tesla delivered fewer than 50,000 Cybertrucks by March 20, which is significantly lower than previous expectations.
- The company has dropped production rates and offered discounts, including up to $10,000 on Cybertrucks.
- Elon Musk stated that Tesla's Cybertruck production would reach 250,000 units a year by 2025, but current performance suggests this target may not be met.
34 Articles
34 Articles
Tesla’s Cybertruck is getting deeper discounts and production cuts
Tesla has plenty of Cybertrucks listed on its website, and they’ve got some hefty discounts, including many for about $10,000 off, Electrek reports. Many are from the 2024 model year and include limited “Foundation Series” Cybertrucks that ended production in October, plus some lightly used “demo” ones we saw that have racked up around 300 miles on the odometer. Some Cybertruck models in stock won’t be eligible for the $7,500 federal tax credit …
The Cybertruck Is Turning Into a Complete Disaster
Tesla is reportedly pulling back production of its much-maligned Cybertruck. According to Business Insider, the EV maker has dropped production targets for several Cybertruck lines over the last few months – and is going as far as to move workers from the line entirely at its manufacturing facility in Texas. "It feels a lot like they're filtering people out," a worker with knowledge of the situation told the publication. "The parking lot keeps g…
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