Thursday, February 6, 2025

Tesla can't sell the brand's stock of Cybertrucks

Tesla is now trying to get rid of a massive stock of Cybertruck models, a car that 2 million people were waiting in line for just a few years ago.

Tesla is struggling to sell its Cybertruck models that are piling up in its warehouse. The once-hyped electric vehicle has lost its luster, and Tesla is now forced to resort to drastic methods to sell the excess cars.

In an attempt to entice customers, Tesla is now offering significant discounts on new Cybertrucks. Depending on the vehicle's configuration, the price can be up to 11,000 kroner lower than before. In addition, demo models of the Cybertruck are being sold at a discount of 19,000 kroner.

This situation stands in stark contrast to the massive interest that surrounded the Cybertruck at its launch, with over two million buyers on a waiting list to get their hands on the futuristic electric vehicle.

It writes CNBC .

Production of the Cybertruck at Tesla's Texas factory has also been reduced in recent months. According to CNBC, demand for the Cybertruck is no longer what it used to be.

Despite the Cybertruck reaching fifth place on the list of best-selling electric vehicles in the US in 2024, its high price and a series of recalls have dampened buyer enthusiasm. In total, Tesla sold about 38,965 Cybertrucks in the US last year.

The Cybertruck was first unveiled in 2019, with Elon Musk announcing an expected price of around $30,000. But when the model finally hit the US market, the price was significantly higher than promised.

In addition, Tesla has had to recall the Cybertruck six times during 2024. Among other things, there have been problems with the windshield wipers and part of the bed, which had to be replaced.

Although overall U.S. electric vehicle sales increased 7.3 percent in 2024 compared to the previous year, Tesla has seen a decline in sales. Tesla's total electric vehicle shipments fell by 37,000 units, although Tesla's Model Y and Model 3 remained the best-selling electric vehicles in the U.S. by a significant margin.

The Cybertruck's lack of success can be attributed to several factors. The high price, combined with technical issues and recalls, has made many potential buyers hesitant.

Additionally, competition in the electric vehicle market has intensified significantly in recent years, with several traditional automakers launching their own electric vehicles, some of which offer similar features and performance at a lower price than the Cybertruck.

It's unclear how Tesla plans to deal with its overstocked Cybertruck inventory, but the current discounts could be a sign that Tesla is willing to go to great lengths to sell the unsold vehicles.

Whether that will be enough to revive interest in the Cybertruck is uncertain, however.

Latest

Don't miss

Only 1.8 percent of Europe's cars run on electricity

Only 1.8 percent of all cars in Europe run...

Norway sold new diesel cars for 140 million in a few hours

In a new survey, 4 out of 10 Norwegians...

Revealed: These cars were recalled the most times in 2024

In 2024, there were 249 recalls in Europe. That's...

Tesla plummets in Germany – sales more than halved

Tesla sales are plummeting in Europe's largest car market....

Monitoring the car brands – now they are going to fire 1,000 people

The EPA - or Environmental Protection Agency - which...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

There are now less than 2.5 million fossil cars in Denmark.

The latest figures show that there are now less than 2.5 million fossil-fuel cars in Denmark. On the other hand, electric cars are lagging...

Monitoring the car brands – now they are going to fire 1,000 people

The EPA - or Environmental Protection Agency - which enforces US environmental laws against car brands, is announcing layoffs of 1,000 employees. Trump has...

Volvo loses billions – has never been worth less

Volvo Cars' stock has hit a new low. In fact, the car brand has never been worth less after the market's reaction to the...

Car brands are firing all their dealers in Denmark

On February 6, both Ford and Hyundai, which are imported into Denmark by the same Nic. Christiansen group, announced that all dealers had been...

Jason Watt becomes Formula 1 commentator – debut March 16

The former racing coach joins Viaplay's Formula 1 team and makes his debut as an expert and commentator at the Australian Grand Prix. When...

Newspaper: EU regrets ban on petrol and diesel cars

According to the German newspaper Der Spiegel, several EU-elected politicians now regret the strict ban policy aimed at gasoline and diesel cars. The European...

Tesla plummets in Germany – sales more than halved

Tesla sales are plummeting in Europe's largest car market. The Americans sold just 1,277 cars in Germany during January. That's a drop of 59...

Russia's new electric car runs on 50 screwdrivers

Okay - the car may not be new. But there's still room for the 50 screwdrivers, right where the Lada's engine would otherwise have...

Car brand in crisis – cuts everything by 70 percent

Mitsubishi is not doing well at the moment. The brand, which is practically dormant in Denmark, is now lowering its expectations for 2025 by...

ISUZU D-MAX dominates the pickup market in Denmark

ISUZU D-MAX became the best-selling pickup in Denmark in January with a market share of 40.48%. New sales figures show that the model continues...

Volvo accuses KÃ¥re of smashing his own electric car

Volvo believes a Norwegian man has crashed his own electric car. In any case, the accelerator was pressed all the way down, says the...

Volkswagen unveils new electric car for 150,000 kroner

The director of Volkswagen, Thomas Schäfer, believes that it will be like entering the Champions League with an electric car for 150,000 Danish kroner....