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International Business Times UK
International Business Times UK
Vinay Patel

Tesla's £94k Cybertruck Plummets to £58k in 8 Months as Trade-In Option Reveals Brutal 38% Value Drop

Tesla's Cybertruck is seeing a rapid plunge in value, with owners reporting a brutal 37-38% depreciation in just eight months. (Credit: Stephen Leonardi : Pexels)

The futuristic sheen of Tesla's Cybertruck may be wearing off faster than expected.

Once hailed as a game-changing electric vehicle with a steep price tag and a sci-fi aesthetic, the Cybertruck is now under scrutiny for its plummeting value. New trade-in estimates reveal that the electric pickup is depreciating at a surprising rate—raising serious questions about its long-term worth as an investment.

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