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Elon's Cybertruck Disaster: Tesla's $192 Million Paperweight Problem

2024 Tesla Cybertruck

Buckle up, tech fam, because Tesla’s Cybertruck saga just got even more wild.

Imagine dropping a cool $80K on a futuristic truck that looks like it rolled straight out of a cyberpunk fever dream, only to find out Tesla doesn’t even want it back. That’s the current reality for Cybertruck owners, who are now stuck with what might as well be an oversized, angular lawn ornament.

The Inventory Apocalypse

Tesla is sitting on a mountain of approximately 2,400 Cybertrucks, which translates to a staggering $192 million worth of unsold inventory. For context, that’s enough metal to build a small fortress of disappointment. When owners try to trade in their trucks, they’re being told Tesla “currently doesn’t accept its own vehicle as a trade-in” - talk about a corporate burn.

Recall Central

This isn’t helping Tesla’s already complicated reputation. The Cybertruck has been recalled eight times, with the most recent recall involving the cant rail literally falling off the vehicle. Yes, you read that right - parts of the truck are just… deciding to take unexpected vacations.

The Musk Factor

To add extra spice to this tech drama, Elon Musk’s controversial political adventures have been driving potential buyers away faster than the truck can accelerate. Boycotts and even Cybertruck vandalism have become unexpected side effects of Musk’s, shall we say, “dynamic” leadership style.

Looks like the Cybertruck might be heading straight to the Island of Misfit Tech Toys. Stay tuned, Silicon Valley - this story is far from over.

AUTHOR: pw

SOURCE: Mashable