Tesla Discontinues Cybertruck RWD Variant 5 Months After Launch Amid Poor Sales: Report - Tesla (NASDAQ:TSLA)
Tesla halted sales of the $69,990 Cybertruck variant after accumulating over 10,000 unsold units in the U.S., shifting focus to higher-end models.
- Tesla discontinued the rear-wheel-drive Cybertruck variant five months after its April launch, removing the cheapest model.
- This move followed poor sales and high unsold inventory reports, with Tesla shifting to the all-wheel-drive version costing $79,990.
- The price increase by $10,000, or 14%, raises the purchase barrier above competitors like the Chevy Silverado and Ford F-150 Lightning.
- Tesla's overall sales declined, including a 40.2% drop in Europe and a 12.1% year-over-year fall in China despite 14,300 new registrations early September.
- The discontinuation reflects Tesla's pricing shift toward premium offerings, which may not significantly boost Cybertruck sales amid stiff competition.
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Tesla scraps its cheapest Cybertruck after just five months – as it hurtles towards becoming one of the all-time biggest flops
You can no longer buy Tesla’s cheapest Cybertruck, as it quietly disappears from the configurator after just five months.
Just a few months after the start of the sales Tesla has removed a reduced version of the Cybertruck from the offer again. Apparently it was hardly asked.
Tesla Discontinues Cybertruck RWD Variant 5 Months After Launch Amid Poor Sales: Report - Tesla (NASDAQ:TSLA)
Tesla Inc. (NASDAQ:TSLA) has discontinued the rear-wheel drive trim of the Cybertruck as the automaker grapples with poor sales figures. Most Affordable Cybertruck Variant Discontinued 5 Months After Launch The company discontinued the most affordable variant of the Cybertruck, the long-range rear-wheel drive trim, five months after launching it in April, Electrek reported on Saturday. Tesla did not immediately respond to Benzinga’s request for …
Now the minimum cost of a car is almost $80,000.
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