Tesla is heavily discounting its Cybertrucks, offering reductions up to $11,990 on some models as they face waning demand. Despite a variety of listed vehicles, many won't qualify for the federal tax credit due to age or high sticker prices. The average price for used Cybertrucks has decreased dramatically, providing buyers with further incentives. Additionally, Tesla is slowing Cybertruck manufacturing at its Texas factory, reallocating workers to the more popular Model Y. This move comes on the heels of a reported decline in sales of both models, hinting at broader challenges for Tesla.
Some Cybertruck models in stock won't be eligible for the $7,500 federal tax credit either due to their age or because the sticker price is too high.
Used Cybertruck prices are taking a hit, currently showing an average of $85,000, a steep drop from $104,300 on December 30th.
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