Tesla Cybertruck Faces $200M Lot Backup as 2,400 Units Sit Unsold Amid Recall and Resale Collapse

Tesla faces mounting challenges with its Cybertruck, as approximately 2,400 unsold vehicles worth about $200 million accumulate across U.S. lots. In an unusual move, the company reportedly refuses to accept its own Cybertrucks as trade-ins from customers looking to purchase other Tesla models. Sales Slowdown and Inventory Buildup Despite Tesla’s initial claim of over one million pre-orders, Cybertruck sales have fallen substantially since peaking at 5,308 units in September 2023. The company has delivered approximately 46,000 Cybertrucks in total, according to information revealed when a recall affected almost every unit sold. “Last year, Tesla could blame low Cybertruck deliveries on … Continue reading Tesla Cybertruck Faces $200M Lot Backup as 2,400 Units Sit Unsold Amid Recall and Resale Collapse