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International Business Times UK
International Business Times UK
Vinay Patel

Tesla Cuts Cybertruck Price by up to $10,000 as Unsold Vehicles Pile Up in Abandoned Mall

Tesla is grappling with significant challenges for its Cybertruck, as a large inventory of unsold vehicles has led the company to implement substantial price cuts and offer expensive interest-free loan incentives to stimulate demand. (Credit: Stephen Leonardi : Pexels)

The ambitious vision of Tesla's Cybertruck is facing a significant roadblock as it's encountering difficulties in selling the units.

According to a report, fewer than 50,000 units have been delivered since its launch, significantly below its yearly projection of 250,000 units. 'Only 6,000 units were sold during the first quarter of 2025,' the report added.

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