Cybertruck Resale Prices Drop 55% as Tesla Struggles with Inventory

Tesla's Cybertruck loses 55% in resale value year-over-year as sales stall and inventory builds. Discover what this means for Tesla's EV strategy.

Tesla is facing a sobering reality — over 2,400 Cybertrucks are sitting idle in U.S. inventory lots, representing nearly $200 million in unsold stock. A year and a half into production, the truck that once symbolized Tesla’s bold ambitions is now struggling to find buyers.

Last year, the automaker pointed to high pricing, lack of EV tax incentives, and early production constraints to explain limited deliveries. But with production previously ramped up and the $7,500 federal tax credit now available, those factors no longer apply. Yet, sales remain sluggish.

In March, Tesla implemented a containment hold due to a trim piece defect, anticipating a broad recall. A fix was introduced at the production level on March 21, but Cybertrucks already delivered still require service updates.

Inventory has since hit record levels, just as Tesla reportedly stopped accepting Cybertrucks as trade-ins. Some owners who faced extended service delays have attempted to return their vehicles, only to be directed toward Lemon Law proceedings.

The resale market offers little relief. According to Tesla-Info, used Cybertruck prices are down 55% year over year, with a 13% decline over the past three months and another 6% drop in the last month alone. Independent dealers, wary of further depreciation, have shown reluctance to purchase them, often offering well below market value.

Tesla appears to be waiting to offload its Foundation Series inventory before potentially launching a more affordable rear-wheel-drive variant. In the meantime, the company is throttling production in an effort to bring supply in line with demand.

Broader trends aren't helping. U.S. Tesla sales fell 14.5% in Q1 2025 compared to the previous quarter. Meanwhile, Cybertruck owners have shared numerous complaints on online forums — including issues like system faults, misaligned panels, and excessive cabin wind noise — painting a picture of early quality concerns.

With the truck’s image under pressure and resale value plummeting, Tesla finds itself at a crossroads. Some analysts still hold out hope for a turnaround through a potential mid-cycle update next year, but rebuilding customer confidence may prove to be a far greater challenge than any hardware fix.

Source: electrek.co