The electric car manufacturer Tesla is offering its Cybertruck at a lower price, although the exact price reduction depends on the selected configuration of the vehicle. That’s what lies behind it.
• Tesla makes Cybertruck cheaper
• Numerous recalls in 2024
• Cybertruck ranked 5th best-selling electric vehicle in the USA in 2024
The Tesla Cybertruck has only been on the market for a little over a year. The sale of the futuristic-looking vehicle doesn’t seem to be going well. First, the market launch of the Cybertruck was repeatedly delayed, then there were numerous recalls. In November 2024, Tesla announced the sixth recall of its Cybertruck within just one year. The cause of the latest recall was a defective drive converter, which could lead to a significant increase in the risk of accidents.
Incidentally, the first Cybertruck was recently taken off the road in Great Britain because it is not registered for traffic there, as t3n reported. The vehicle was only registered and insured abroad, which is prohibited in Great Britain. The Cybertruck has not yet been approved because there are “concerns about the safety of other road users or pedestrians if they were involved in a collision with a Cybertruck,” according to the British police, according to the news magazine.
Numerous recalls raise questions
The numerous recalls are causing long faces not only among vehicle owners, but also among industry experts and analysts. Business Insider reports that the frequent recalls could indicate a lack of quality assurance and weak internal product standards, which in turn could lead to fewer consumers choosing a Cybertuck, especially in the context of intensifying competition in the electric vehicle market .
Cybertruck prices reduced
This now seems to be increasing at the company Elon Musk to make it noticeable. As CNBC recently reported with reference to Tesla list prices, the Cybertruck is now available cheaper. The discount applies to new Cybertruck vehicles in the company’s inventory, would be at least $1,600 and could increase depending on the configuration selected. The highest discount of $2,600 is available on demo versions of the Cybertruck in stock.
The Cybertruck doesn’t seem to be becoming the blockbuster that Tesla was hoping for. As CNBC argues, in addition to the numerous recalls, the high price is also responsible. As a reminder: When Elon Musk unveiled the Cybertruck in 2019, it was said that the vehicle would cost around $40,000. In the USA, however, the base price in 2024 was closer to $80,000.
Recently, Tesla also withdrew employees from its Cybertruck production at the Tesla factory in Austin, Texas, they told Business Insider. Instead, they were moved to the product line of the popular Model Y sedan.
Cybertruck fifth best-selling electric vehicle in the USA in 2024
Nevertheless, Tesla can also look back on successes with its Cybertruck. As CNBC writes with reference to data from Cox Automotive, the model would have become the fifth best-selling electric car in the USA in 2024. In total, the data company estimates that 38,965 Cybertrucks were sold in the United States last year. The Tesla Model 3 and the Model Y were ranked first and second.
Editorial team finanzen.net
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