Tesla Discounts Cybertruck Inventory As Sales Lag

Benzinga

Tesla has started offering discounts on new Cybertruck inventory, according to its website, as production has slowed at Tesla's Austin factory. Price reductions reach up to $1,600 for new configurations and $2,600 for demo units. In 2024, Tesla's overall sales declined by about 37,000 vehicles despite U.S. EV sales rising. The Cybertruck sold just under 40,000 units last year, outperforming the Ford Lightning F-150 and becoming the fifth best-selling EV in the U.S. It faced challenges including high prices, recalls, and production issues.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla has started offering discounts on new Cybertruck inventory, according to its website,

00:06as production has slowed at Tesla's Austin factory.

00:09Price reductions reached up to $1,600 for new configurations and as much as $2,600 for demo

00:14units. In 2024, Tesla's overall sales declined by about 3,700 vehicles, despite U.S. EV sales

00:20rising. The Cybertruck sold just under 40,000 units last year, outperforming the Ford Lightning

00:25F-150 and becoming the fifth best-selling EV in the U.S. It faced challenges including high

00:31prices, recall, and production issues. For all things money, visit Benzinga.com.

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