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Tesla slaps $10K discounts on Cybertruck as sales skid and inventory builds up

  • Tesla is reducing Cybertruck production and reallocating workers to the Model Y lines, according to workers.
  • Tesla delivered fewer than 50,000 Cybertrucks by March 20, which is significantly lower than previous expectations.
  • The company has dropped production rates and offered discounts, including up to $10,000 on Cybertrucks.
  • Elon Musk stated that Tesla's Cybertruck production would reach 250,000 units a year by 2025, but current performance suggests this target may not be met.
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Tesla's Cybertruck is heavily discounted and production is being cut - MediaTesla has accumulated thousands of unsold Cybertrucks and is sharply reducing production. The company is marking down old inventory with discounts of up to $10,000, as sales are falling far short of expectations.

·Kyiv, Ukraine
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Business Insider broke the news in New York, United States on Thursday, April 17, 2025.
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