Cybertruck flop? Tesla stuck with $800M in unsold inventory amid slump
Tesla is reportedly stuck with over $800 million worth of unsold Cybertrucks, as dealerships sit on more than 10,000 units of the stainless-steel pickup once hyped as the future of electric vehicles.
Elon Musk once claimed Tesla could sell 250,000 Cybertrucks a year.
But less than 6,500 were sold in the first quarter of 2025, putting the company far behind even modest expectations.
At this rate, the 'armoured' truck is shaping up to be Tesla's first major flop in years.
Critics argue the vehicle's brutalist design, patchy build quality, and Musk's increasingly controversial public stances have turned the Cybertruck into more of a culture war symbol than a transportation breakthrough.
Some detractors have dubbed it the 'Swasticar,' reflecting the backlash Musk faces for aligning with far-right political narratives.
Even a new $69,990 rear-wheel-drive model released in April failed to spark meaningful demand. Tesla has since quietly redirected workers from Cybertruck production back to the more stable Model Y line.
While Tesla hasn't issued an official sales revision, analysts say the writing is on the wall.
What was pitched as a sci-fi leap forward now risks becoming a cautionary tale — part midlife-crisis machine, part PR disaster.
Elon Musk may have imagined the Cybertruck revolutionising roads. For now, it's just clogging up parking lots.
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