Tesla Is apparently declining Cybertruck trade-ins due to excess stock. At the same time, nearly $200 million worth of Cybertrucks are accumulating in their inventory.
According to Electrek Cybertruck owners who attempted to trade in their vehicles were informed that “Tesla does not presently allow its own cars to be traded in.” Furthermore, Tesla seems to advise long-term Cybertruck owners to proceed with an alternative process. Lemon Law This process safeguards purchasers of non-fixable faulty vehicles, yet only for a limited period following the purchase date (this duration differs according to the state).
Adding to the complication, Tesla has approximately 2,400 Cybertrucks in stock, totaling around $192 million, considering the vehicle’s approximate starting retail price of $80,000 each, as reported. TeslaInfo data .
Tesla Cybertrucks have experienced several recalls since their release. In March, recalled nearly every Cybertruck has ever been created due to the cant rail (the metal component located above the doors) being falling off . That's the eighth Cybertruck recall So far. Additionally, there's the matter concerning Tesla's Chief Executive Officer. Elon Musk causing some public relations challenges for Tesla and Cybertruck. As the leader of Dogecoin during the Trump administration, Musk’s actions have sparked Tesla boycotts and Cybertruck vandalism .
When Tesla announced the Cybertruck recall, the inventory surged and stayed notably above that of other Tesla models, as reported. TeslaInfo .
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