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As Tesla Cybertruck Market Collapses, Used Price Gets Real

  • Tesla's Cybertruck resale prices have dropped sharply to around $74,000 as of late May 2025 in the U.S. used market.
  • The price decline follows heightened controversies around Elon Musk's political involvement and Tesla's recall issues that damaged brand perception.
  • Originally priced at $100,000, some 2024 Cybertruck Foundation Series models resold near $150,000 last year but are now losing over 30% value annually.
  • Electrek reported Tesla offers $65,400 trade-ins for 2024 Cybertrucks, reflecting a 34.6% depreciation well above typical 20% annual drops in traditional pickups.
  • These steep declines and public backlash suggest Tesla faces significant challenges maintaining Cybertruck's market strength amid evolving EV competition and political controversies.
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13 Articles

The Cybertruck , Tesla's truck that turns the heads, depreciates faster than average. According to a study published by Kelley Blue Book, the rate of depreciation of the Cybertruck is almost 40% after only a few months of possession. An owner bought his vehicle ...

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Recently, more and more people in the US are looking to get rid of their Teslas. Amid a general drop in prices, many are ready to buy the company's electric cars despite the toxicity of its CEO, Business Insider notes.

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npr broke the news in Washington, United States on Sunday, May 25, 2025.
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