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.

  • acchariya@lemmy.world
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    19 hours ago

    I drove one at an ev drive event, and I actually thought it drove interestingly. It was different from other vehicles and I didn’t mind driving it.

    On the other hand, the panels that make it up look like something I made in my garage with some stainless plate and a plasma cutter. It looked very “kit car” when you got up close to it. I can appreciate a hobbyist welding plate together to make things but one would assume Tesla should have at least a waterjet cutter to produce clean edges.

    Also, it is irresponsible to fund Elon musk.