Despite producing the Tesla Model Y, the top-selling new automobile globally in the previous year, Tesla has experienced a challenging start to 2025. The U.S.-based electric vehicle manufacturer has been facing "Tesla Takedown" protests along with other boycotts initiated by people worldwide due to the provocative nature of the comments statements and behaviors of the company's chief executive officer, Elon Musk.
Regardless of the company's earlier statement that there were More than a million Cybertruck pre-orders Tesla is unable to locate purchasers for their present backlog of around 2,400 units, which amount to approximately $200 million. Cybertrucks Not only this, but Tesla seems to be declining its own Cybertrucks as trade-ins because they cannot be sold, and may also be compelling certain owners to apply under the Lemon Laws for their vehicles. This is a concerning development for a model that was meant to transform the pickup truck segment and rejuvenate the company’s lineup of older models.
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In spite of Tesla’s ambitious sales projections for the Cybertruck, monthly sales reached their peak at only 5,308 units last September, after which they declined significantly. A recent recall impacted nearly all vehicles sold, also uncovering that Tesla had only delivered 46,000 Thanks to its stainless steel pickups. Apart from the insufficient interest, Elon Musk’s choice to align closely with Donald Trump and launch DOGE — which has methodically dismantled several key public entities relied upon by many Americans for jobs and essential services — has tarnished the reputation of his corporation.
Currently, Tesla owners are looking to sell their vehicles due to dissatisfaction with Musk’s political stance, prompting global boycotts of the brand. This widespread but largely preventable issue has caused a drop in Tesla's resale value and created an abundance of unwanted new Cybertrucks. As a result, the company reportedly won’t allow its own Cybertrucks to be traded in anymore. According to Electrek :
A number of Cybertruck owners have shared their experiences attempting to exchange their trucks for different vehicles, only to be informed that the company does not allow its own model to be used for trade-ins at this time.
Several long-time users with older trucks are attempting to convince Tesla to accept returns, yet the company insists they pursue the Lemon Law route instead.
...The used price of a Cybertruck has decreased by 55% compared to the previous year, dropped 13% over the past three months, and fell an additional 6% within the last month.
Since Tesla does not accept the Cybertruck for trade-ins, other used car dealers are equally hesitant to purchase the vehicle. These dealers often make very low offers to prospective sellers as they await clarity on where the pricing might settle.
As President Donald Trump’s tariffs keep causing turmoil in the stock market, and with Musk persisting in his contentious conduct, Tesla’s prospects remain unclear. Protests labeled as “Tesla Takedown” have occurred in at least 253 cities globally, and this trend shows no signs of abating shortly.
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