The Tesla Cybertruck has struggled since launch, with sales dropping sharply from a peak of 5,175 units in July 2024 to just 2,000 in April 2025. Total Cybertruck deliveries have only reached 46,000 units since late 2023, making it one of Tesla’s weakest performers.

Now, the situation is getting worse for current owners. According to CarGurus, the Cybertruck has depreciated by 45% in just one year, significantly worse than the industry average. One owner reported that their $100,000 AWD Foundation Series with 6,200 miles was valued at just $65,400 through Tesla’s app—a 34.6% value drop, and likely an optimistic estimate, as Tesla’s trade-in offers are often lower than initial appraisals.

The sharp decline in value and demand is largely tied to Cybertruck reliability issues and safety concerns. Numerous reports cite design flaws, including doors capable of injuring fingers, a gas pedal malfunction causing sudden acceleration, and detaching trim pieces posing safety risks. Since its release, the Cybertruck has faced eight recalls, highlighting persistent quality control problems.

Tesla even halted trade-ins for the Cybertruck until just recently, further underscoring the lack of confidence in its own product. With waning interest, major depreciation, and a growing list of mechanical and safety issues, the Tesla Cybertruck may be one of the brand’s biggest missteps to date.