THE AMERICA ONE NEWS
Jun 3, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
Vaughn Cockayne


NextImg:Tesla offering discounts on electric Cybertruck as sales decline

Tesla is offering discounts on most of its Cybertruck models, according to listings.

The discounts range from $1,600 to $2,600 based on the model and configuration of the electric vehicles. The most expensive, the Cyberbeast, does not appear to have a discount and sells for $114,490.

Tesla has tried price cuts before. In early 2024, when demand for EVs declined in the U.S., the company slashed prices on its popular Models 3, S, Y and X. The cuts made many of the typically expensive models more affordable for customers, dropping the average price of a Model 3 to below $30,000.



The cuts come as Tesla looks to increase deliveries on the Cybertruck. The vehicle has reportedly sold well for its type, outselling the Ford F-150 Lightning to become the fifth best-selling EV in the U.S., but deliveries have fallen recently.

Last month, reports circulated that Tesla had ordered some production employees at its facility in Austin, Texas, to stay home and not report to work. The employees in question worked on the Cybertruck line, suggesting the company is looking to reduce inventory.

Last year was one of Tesla’s hardest, with the company seeing its first-ever drop in year-over-year sales. The company delivered 1.79 million vehicles in 2024, down from the 1.81 million it delivered the previous year.

The Cybertruck, with its eye-catching design, was intended to boost those sales numbers. The truck did not perform as well as any of Tesla’s other vehicles, selling just under 39,000 in 2024.

Additionally, the Cybertruck’s design may have turned off potential customers in the market for an electric truck. The truck also experienced a series of recalls in 2024, marking the car as potentially unsafe for some customers.

Advertisement

• Vaughn Cockayne can be reached at vcockayne@washingtontimes.com.