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Yahoo
08-05-2025
- Automotive
- Yahoo
Tesla Is Sitting on an Enormous Pile of Unsold Cybertrucks as Crisis Deepens
Tesla's Cybertruck, it's fair to say, isn't exactly flying off the shelves. As Electrek reports, the automaker's inventory of unsold Cybertrucks has reached a record high of over 10,000 units — even as it reportedly slows down production of the disastrous vehicle. The figure is an estimate based on the number of Cybertruck listings in the US, tracked by If accurate, it's an embarrassingly high amount of expensive vehicles out there — about a staggering $800 million worth, per the reporting — that have never even left the dealership lot. In the entire first quarter of the year, for comparison, Tesla barely sold around 6,400 Cybertrucks, according to Cox Automotive. Clearly, Musk's company is having trouble suckering people into buying the stainless steel behemoths, and it's not hard to understand why buyers are staying away. With complaints of it bricking after going through a car wash to breaking down after a single mile of driving, its reputation for being shoddily made is well earned. It's also become a symbol of public outrage against Musk, as the automaker faces worldwide protests for its CEO's far-right politics and his role in the Trump administration. The Cybertruck has also been recalled a whopping eight times since it first started shipping to customers in late 2023, One recall was because its accelerator got stuck in the down position. The latest recall, meanwhile, was to address the small issue of its glued-on body panels flying off, affecting nearly every single Cybertruck the company had sold at that point — approximately 46,000. If you just did the mental math, then you'll know that, at this rate, Tesla is nowhere near on track to match the amount of Cybertrucks it sold in 2024 this year. Consequently, it's also an entire galaxy away from reflecting the one million Cybertruck reservations that were allegedly made ahead of its launch — or, for that matter, the 250,000 Cybertrucks sold per year that Musk promised would happen. Right now, Tesla will be lucky if it cracks 20,000 Cybertrucks sold by the end of 2025. To boost sales, Tesla introduced a cheaper Long Range Rear Wheel Drive version of the Cybertruck in April, with way less features and a still pretty steep price tag of $69,990. Behind the scenes, though, it's signaling that it has little faith in the vehicle's fortunes: according to Business Insider, Tesla has reduced production targets at several Cybertruck manufacturing lines over the past few months, shifting some employees who worked on the truck to work on the Model Y. That could be a revealing omen of what's to come for the Cybertruck, and perhaps for Tesla, which is facing its worst sales in years in Europe. More on Tesla: Tesla's Sales Are Somehow Continuing to Fall
Economic Times
06-05-2025
- Automotive
- Economic Times
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 Live Events A Decline in Demand and Slower Production FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel 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 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 per 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 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 to Electrek's analysis, with an average sale price of $78,000, Tesla could have about $800 million worth of 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 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 US inventory has now surpassed 10,000 Cybertrucks, according to listings tracked by and 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."
Time of India
06-05-2025
- Automotive
- Time of India
Is Tesla's vehicle program in crisis? Report says Cybertruck inventory has skyrocketed to a record high of over 10,000 units
Tesla's Cybertruck inventory in the US has reached over 10,000 units. Data shows a significant increase from April. This rise may be due to discounts. Tesla might have slowed down production. Many trucks were made in 2024. Some are from the discontinued Foundation Series. The company could have $800 million worth of Cybertrucks. Tired of too many ads? Remove Ads Cybertruck Inventory Hits Record High Tired of too many ads? Remove Ads A Decline in Demand and Slower Production FAQs 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 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 per 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 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 to Electrek's analysis, with an average sale price of $78,000, Tesla could have about $800 million worth of 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 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 US inventory has now surpassed 10,000 Cybertrucks, according to listings tracked by and 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."
