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Tesla opened Cybertruck trade-ins, and the numbers aren’t pretty
Per Inside EVs, Cybertruck owners are now allowed by Tesla to trade in their cars for the first time since they hit the market – but they'll incur a heavy
Meanwhile, Business Insider talked this past week with two owners who shared firsthand what value Tesla has assigned their Cybertruck. In Tesla’s case, it may also have delayed a wave of trade-ins or resales from owners facing a backlash owing to Elon Musk’s high profile in the Trump administration or frustrated with ongoing quality control issues, which have included runaway gas pedals and falling trim pieces. Worth noting: trade-in figures are typically lower than private-party sales, and EVs as a category depreciate fast.
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