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4mo ago

Tesla Slashes Cybertruck Production and Offers Deep Discounts Amid Sales Decline

Cybertruck deliveries fall short of expectations as Tesla reduces production targets, reallocates workers, and discounts inventory by up to $10,000.

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In an aerial view, brand new Tesla Cybertrucks sit parked in a lot at a Tesla dealership on April 02, 2025 in Corte Madera, California.
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Tesla Inc. vehicle facility is pictured in Costa Mesa, California, U.S., November 1, 2023. REUTERS/Mike Blake/File Photo

Overview

  • Tesla has lowered Cybertruck production targets and shifted workers to Model Y lines at its Gigafactory Texas facility.
  • First-quarter 2025 Cybertruck sales dropped to 6,406 units, half of the previous quarter's total.
  • Fewer than 50,000 Cybertrucks have been delivered to date, despite over one million pre-orders initially claimed by Tesla.
  • The company is offering discounts of up to $10,000 on unsold Cybertruck inventory, including older 2024 models.
  • Broader Tesla sales have also declined, with Q1 2025 deliveries down 13% year-over-year.