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The Independent UK
The Independent UK
Technology
Anthony Cuthbertson

Tesla reveals ‘insane’ drop in value of used Cybertrucks as 10,000 go unsold

Tesla has begun accepting Cybertruck trade-ins for the first time, revealing a stark depreciation in value for the electric truck.

After a year of refusing trade-ins, the EV giant began providing estimates to Cybertruck owners for used vehicles, offering just $65,000 for a $100,000 truck bought in 2024 with 10,000 kilometres (6,000 miles) on the odometer.

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