Regardless of producing the Tesla Mannequin Y, the most well-liked new automobile on the planet final 12 months, Tesla has had a tough time to date in 2025. The American EV maker faces “Tesla Takedown” protests and different boycotts from residents throughout the globe because of the inflammatory phrases and actions of the model’s CEO, Elon Musk.
Regardless of the corporate’s earlier declaration that there have been over one million Cybertruck pre-orders, Tesla cannot discover consumers for the present backlog of practically 2,400, or $200 million price of Cybertrucks. Not solely that, however Tesla is allegedly refusing to simply accept its personal Cybertrucks as trade-ins since it could possibly’t promote them, and is reportedly even forcing some house owners to Lemon Regulation their automobiles as a substitute. That is an ominous signal for the mannequin that was imagined to revolutionize the pickup market and revitalize the automaker’s growing old line up.
Humility is underrated
Regardless of Tesla’s lofty gross sales expectations, Cybertruck month-to-month gross sales peaked at simply 5,308 items in September final 12 months, and have since fallen sharply. The newest Cybertruck recall affected virtually each unit offered, and within the course of revealed that Tesla had solely delivered 46,000 of its stainless-steel pickups. Past the shortage of demand, Elon Musk’s determination to cozy as much as Donald Trump and open DOGE — a corporation that has systematically disassembled a number of public establishments that thousands and thousands of Americans love and depend on for employment and for providers — has negatively impacted the general public picture of his firm.
Now, Tesla house owners try to eliminate their Teslas as a way to distance themselves from Musk’s politics, and other people across the globe are boycotting the model. These quite a few but simply avoidable challenges have led to a decline in Tesla resale values and an enormous surplus of undesirable new Cybertrucks, sufficient that the corporate will allegedly not settle for its personal Cybertrucks on trade-in. In line with Electrek:
“Many Cybertruck house owners reported attempting to trade-in the truck for a brand new automobile and so they had been advised that the automaker at present does not settle for its personal automobile as a trade-in.
Some house owners who’ve had their vehicles in service for prolonged durations of time are additionally attempting to get Tesla to take the truck again, however the firm is forcing them to undergo the Lemon Regulation course of.
…Used Cybertruck costs are down 55% 12 months over 12 months, 13% during the last three months, and 6% during the last month.
As Tesla does not take the Cybertruck as a trade-in, different used automobile sellers are additionally reticent about shopping for the automobile. They’ve been identified to provide low-ball provides to potential sellers as they wait to see the place the value will stabilize.”
As President Donald Trump’s tariffs proceed to thrust inventory markets into chaos, and Musk doubles-down on his controversial behaviors, Tesla’s future is unsure. “Tesla Takedown” protests have taken place in at the least 253 cities all over the world, and it does not look like that momentum will sluggish any time quickly.
