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Tesla opened Cybertruck trade-ins, and the numbers aren’t pretty | TechCrunch
TechCrunch
·
2m ago
Medial
Tesla has begun allowing Cybertruck trade-ins, revealing significant depreciation for owners. Reports indicate depreciation rates of up to 45%, with quotes showing a 37% to 38% loss for recent models. Tesla initially banned resales to prevent scalping and manage brand image. This policy, combined with issues like quality control problems and Musk’s political associations, may have delayed trade-ins. While trade-in values are typically lower, quick depreciation is common for EVs.
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Elon Musk's Tesla manufactures its 1st Cybertruck
BQ Prime
·
2y ago
Medial
Tesla has commenced production of its fully electric pickup truck, the Cybertruck, at its gigafactory in Texas. The truck, which was revealed in November 2019 and originally scheduled for production two years later, is now being manufactured. Elon Musk, the CEO of Tesla, shared an image of factory workers gathered around the first Cybertruck, congratulating the Tesla team on the milestone.
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GMC Hummer EV outsold the Tesla Cybertruck last quarter | TechCrunch
TechCrunch
·
16d ago
Medial
Sales data from the second quarter showed the GMC Hummer EV outselling Tesla's Cybertruck. Tesla sold 4,306 units, while GMC sold 4,508 Hummers. Ford's F-150 Lightning remained the top-selling electric truck. Rivian's R1T sales also declined. The Cybertruck's sales peaked in 2024 but have since plummeted, possibly due to pricing issues or brand damage. Tesla has underutilized capacity at its Texas factory, deviating from its production forecast of 250,000 Cybertrucks annually.
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Here's the first Tesla Cybertruck crash we've heard about
Business Insider
·
1y ago
Medial
A Tesla Cybertruck was involved in its first reported accident when a Toyota Corolla driven by a 17-year-old collided with it. The accident occurred on California's Skyline Boulevard, with the Cybertruck suffering minimal damage and the driver suspected of having a minor injury. The concerns about the safety of the Cybertruck, due to its heavy weight and stainless steel frame, have been previously discussed. Tesla CEO Elon Musk has defended the vehicle's safety.
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Dozens of unsold Tesla Cybertrucks are piling up at Detroit parking lot | TechCrunch
TechCrunch
·
2m ago
Medial
Tesla is facing challenges with unsold Cybertrucks accumulating at unconventional storage sites, including a Detroit shopping center parking lot. This location has violated city codes for storing numerous vehicles. The buildup reflects a drop in Cybertruck sales and underperformance against Elon Musk's expectations, partly due to eight recalls and the company's brand devaluation from Musk's political activities. Despite being a top-selling electric truck, the overflow also stems from proximity to a new Tesla showroom.
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Tesla to showcase Cybertruck on China tour
Reuters
·
1y ago
Medial
Tesla China plans to launch a nationwide tour to showcase its Cybertruck pickup, targeting its second-largest market. The company hasn't announced specific dates for the tour yet. Tesla CEO Elon Musk mentioned the possibility of shipping some prototypes of the Cybertruck to China for display, despite the challenges of making the vehicle road-legal in the country. Unlike the US, pickups have been a niche product in China, as many cities, including Beijing, prohibit them from entering downtown areas. Tesla currently doesn't offer the Cybertruck for order on its Chinese website.
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Tesla finally enters India — nine years after Elon Musk first teased its debut | TechCrunch
TechCrunch
·
17d ago
Medial
Tesla has opened its first showroom in India, nine years after Elon Musk first hinted at the move. Located in Mumbai's Bandra Kurla Complex, the 4,000-square-foot space showcases the Model Y, priced from ₹59,89,000 ($68,000). Despite years of negotiation with the Indian government, Tesla is not currently planning to establish a manufacturing presence in the country. Ahead of deliveries, Tesla is setting up charging stations in Mumbai and Delhi.
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Tesla's retro-futuristic diner officially opens as Elon Musk hints at more locations | TechCrunch
TechCrunch
·
10d ago
Medial
The Tesla Diner & Drive-In opened in Hollywood, combining retro style with futurism and Tesla's charging network. It offers classic diner foods and features like Tesla merchandise, an Optimus robot, two large LED movie screens, and a drive-in theater. With 80 v4 Superchargers, it's designed to attract more than just Tesla owners. Elon Musk hinted at expanding these diners globally if successful, and opening day saw long lines, indicating initial popularity.
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Tesla launches new-look Model Y in China | TechCrunch
TechCrunch
·
6m ago
Medial
Tesla has unveiled a redesigned Model Y for the Chinese and Asian-Pacific markets, featuring significant updates since its 2020 launch. The new model, codenamed Juniper, includes design cues from the Model 3 and Cybertruck, with sharper front edges, a continuous light bar, and improved interior features like an ambient light bar and rear touchscreen display. Despite being slightly more efficient, it doesn’t offer a radical range change. Deliveries in China are expected to start in March.
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New Spy Shots Reveal Updated Interior of Tesla's Cybertruck
Robots
·
1y ago
Medial
New spy shots of Tesla's Cybertruck reveal updates to the interior, including changes to the wheel design and center console. The minimalist and spacious layout is retained. The exact release date of the Cybertruck remains uncertain as Tesla continues to refine the vehicle for optimal aesthetics and functionality. These changes may provide temporary satisfaction to Tesla enthusiasts, but the timeline for deliveries remains unclear due to the automaker's efforts to ensure a seamless fit for the unique design.
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From Ather To Nazara — Indian Startups Raised $257 Mn This Week
Inc42
·
1y ago
Medial
New spy shots of Tesla's Cybertruck reveal updates to the interior, including changes to the wheel design and center console. The minimalist and spacious layout is retained. The exact release date of the Cybertruck remains uncertain as Tesla continues to refine the vehicle for optimal aesthetics and functionality. These changes may provide temporary satisfaction to Tesla enthusiasts, but the timeline for deliveries remains unclear due to the automaker's efforts to ensure a seamless fit for the unique design.
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