Tesla Offers Cybertruck Discounts Amid Production Challenges
Tesla is offering discounts on its Cybertruck electric car after reports of slow production at Tesla’s factories. The latest Cybertruck has seen price cuts of up to $1,600, bringing the total price to $72,890, with the demo truck seeing a whopping $3,410 price cut (for a total of $74,030). listed on their website.
Read more: Every Tesla Cybertruck recall since launch
The news comes as the electric vehicle landscape is changing, with Tesla facing competition from legacy automakers like Ford and emerging players like Rivian and Lucid amid a price war and slowing demand. Meanwhile, Business Insider report Last week, some workers were transferred from the Cybertruck assembly line in Texas to focus on the company’s best-selling Model Y sedan.
Read more: Transportation Safety Board concerned about Tesla’s “summon” feature
Tesla representatives could not be reached for comment.
Since its launch in 2023, the Cybertruck has faced ongoing criticism, ranging from its polarizing design to problems with its stainless steel surface, which is prone to rust and spots. In December, the 2024 Cybertruck also became 70,000 Tesla vehicles recalled Related to its tire pressure monitoring system – this is the seventh recall for the acute-angle electric pickup truck.
Read more: Tesla Model Y redesign is here, but it might not be where you are yet
Although CEO Elon Musk initially claimed a starting price of $40,000, the Cybertruck is currently selling for nearly twice its cost.
