Is Tesla's vehicle program in crisis? Report says Cybertruck inventory has skyrocketed to a record high of over 10,000 units
Cybertruck Inventory Hits Record High
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A Decline in Demand and Slower Production
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Tesla's Cybertruck, which was once projected to revolutionize the electric truck space, is now confronting a challenge. Recent reports show that the vehicle's inventory has climbed to a record high of over 10,000 units in the United States, according to Electrek.While, Tesla's inventory cannot be exactly tracked but, Tesla's Cybertruck listings can be tracked, as per the report. It is also possible that Tesla may have many vehicles with the exact same configuration at the same location and it will only publish a single listing for it, so the EV maker may actually have way more Cybertruck inventory, reported Electrek.As per Tesla-Info.com data, Cybertruck listings in the US have skyrocketed to over 10,000 Cybertrucks now from 2,400 Cybertrucks in new inventory at the beginning of April, reported Electrek.The jump in inventory could be because of an actual net increase in Cybertruck inventory, but the automaker is also giving huge discounts on the trucks at varying rates, creating several different prices and, therefore, more listings.According to Electrek's analysis, with an average sale price of $78,000, Tesla could have about $800 million worth of Cybertrucks.The analysis also found that Tesla might have slowed down Cybertruck production over the past few months because of a decline in demand, as per the report. Consequently, the spike in available inventory most probably indicates Tesla's move to provide deep discounts, which has resulted in more vehicles being listed and made available in the wider US market, as opposed to an uptick in production levels, according to Electrek.Most of the trucks that are now in the inventory were manufactured in 2024, which means they're already some months old, as per the report. Some of the inventories are even from the "Foundation Series," a production batch that Tesla discontinued back in October 2024, according to Electrek.Tesla's US inventory has now surpassed 10,000 Cybertrucks, according to listings tracked by Tesla-Info.com and Electrek.Many of the trucks in the inventory were built in 2024, which means they're already several months old. Some are from the discontinued "Foundation Series."
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