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Tesla Cybertruck Faces Mounting Challenges as Sales and Reputation Plummet

Once hailed as 'apocalypse-proof,' Tesla's Cybertruck is now criticized for poor sales, safety issues, and political overtones, with calls for Musk's resignation intensifying.

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Overview

  • The Cybertruck, initially marketed as a revolutionary EV, is now widely criticized for reliability concerns, manufacturing defects, and safety issues.
  • Tesla has stopped reporting Cybertruck sales, with record-high inventory and steep depreciation signaling weak demand despite its status as the top-selling EV pickup.
  • Elon Musk’s political alignment with Donald Trump has further polarized public perception of the Cybertruck’s design and marketing strategy.
  • Investor Ross Gerber has called for Musk to step down as Tesla CEO, citing corporate governance and operational failures, including the collapse of the DOGE cost-cutting initiative.
  • Tesla’s board chair sold $198 million in stock as the company faces declining profits and increasing pressure from investors.