this post was submitted on 24 May 2025
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34 percent depreciation after one year and 6,000 miles

Multiple signs from the last two quarters indicate that sales of Tesla vehicles are declining more sharply than ever. The company is struggling to sell the Cybertruck in particular, as its perceived value has started to plunge.

In the first quarter of 2025, Tesla saw the biggest sales decline in its history. A January report showed that its year-over-year sales fell by half in Europe overall and by 70% in Germany despite rising sales of other EV brands. In February, sales dropped by 49% in China as the company reported its lowest numbers since 2022. Last month, Chinese EV automaker BYD outsold Tesla in Europe for the first time.

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[–] CatDogL0ver@lemmy.world 3 points 6 days ago (2 children)

It is a good deal now but I am afraid people will throw stone at me.

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[–] malloc@lemmy.world 111 points 1 week ago (8 children)

Good thing I plan on driving mine until I die. There’s no point in trading in/upgrading with that low of an offer.

https://www.cybertruckownersclub.com/forum/threads/cybertruck-trade-ins-are-now-live.42355/#post-30580142

I would be surprised if an incel camino lasts 3-4 years of regular driving.

[–] ptz@dubvee.org 64 points 1 week ago* (last edited 1 week ago) (2 children)

Why is this the first time I'm hearing it called the "incel camino"? That's great.

Edit: Left out a word 🤦‍♂️

[–] Eldritch@lemmy.world 28 points 1 week ago (5 children)

Because technically if you chose to buy one, you volunteered to be celibate. So there is no involuntary about it. They just don't realize it. They should have read the fine print of their fash wagon closer.

Honestly I think these are probably better designed and more durable.

[–] JustARegularNerd@lemmy.world 2 points 6 days ago

I thought you were going to link to a Trabant, but I'll also be with you that any vehicle in Robert's fleet is more durable and better designed.

[–] LadyMeow@lemmy.blahaj.zone 7 points 1 week ago (1 children)

Volcel Camino it is, then!

[–] Eldritch@lemmy.world 14 points 1 week ago

Or perhaps shortened to cel-camino

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[–] MolecularCactus1324@lemmy.world 72 points 1 week ago (1 children)
[–] KayLeadfoot@fedia.io 41 points 1 week ago

This story combines like 3 headlines worth of bad news into one shit sandwich, and man the whole deal tastes like Schadenfreude feels XD

[–] barneypiccolo@lemm.ee 35 points 1 week ago (1 children)

The media is no longer interested in putting a positive spin on Tesla, or any other Skum business. Every earnings call is going to be worse than the last one, which will just accelerate the decline. The damage to the brand image is irreparable, and directly attributable to Skum's irresponsible ego bender, and a brutal shareholder lawsuit is inevitable.

Tesla will be bankrupt in less than 2 years.

[–] NotJohnSmith@feddit.uk 17 points 1 week ago (9 children)

I see the same but cannot for the life of me understand how the stock isn't shitting the bed. The whole US market is irrational at this stage but Tesla is just ridiculous

[–] pupbiru@aussie.zone 3 points 6 days ago

maybe they think that agent orange will bail it out and they’ll get free money?

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[–] Brkdncr@lemmy.world 24 points 1 week ago (6 children)

Just passed a Tesla lot today and it was packed full of these trucks, and cars. All were covered in dust.

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[–] tacosanonymous@lemm.ee 22 points 1 week ago (2 children)

Hilarious and deserved. They should have built something useful instead of overhyping a truck that can’t do truck things and gets bricked by rain or broken latches.

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[–] jordanlund@lemmy.world 19 points 1 week ago (6 children)

I don't really want one, but I'm tempted to go down and haggle.

"Really, given how unpopular they are and the unsold inventory, you should pay me to take one. It's costing you money every day it sits here... Stop the bleeding..."

[–] Daggity@lemm.ee 3 points 6 days ago

Someone else made the comment to waste their time with test drivings which sounded pretty funny.

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[–] maki@lemm.ee 13 points 1 week ago
[–] Kurious84@eviltoast.org 11 points 1 week ago (2 children)
[–] billiam0202@lemmy.world 45 points 1 week ago (2 children)

The Zune was actually a great piece of hardware that was marketed poorly.

The Swastikkkar is a shit vehicle marketed poorly.

[–] Naich@lemmings.world 2 points 6 days ago (2 children)

The Zune was also brown. It's like they wanted it to fail.

[–] HuskerNation@lemmy.zip 4 points 6 days ago

Mine was black

[–] idiomaddict@lemmy.world 3 points 6 days ago

I like brown

[–] JordanZ@lemmy.world 6 points 1 week ago

Every good thing MS has they suck at marketing. The Zune was a hardware mp3 player, a music app, and a music store/subscription. I don’t see why anybody couldn’t figure out what it was…

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[–] JeremyHuntQW12@lemmy.world 7 points 1 week ago (2 children)

The company only recently began accepting Cybertruck trade-ins, and a user on a Cybertruck owners forum reported receiving a $65,400 estimate on a 2024 all-wheel drive model with 6,211 miles, a roughly 34 percent depreciation rate in just one year.

The current new price of a Cybertruck is $60,990, so thats actually negative depreciation....

[–] Pacattack57@lemmy.world 15 points 1 week ago

The AWD model costs 30k more.

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[–] Jimmycakes@lemmy.world 5 points 1 week ago (2 children)

When byd puts out a truck it's fucking joever

[–] Ledericas@lemm.ee 4 points 6 days ago (1 children)

anywhere thats not the us, us made 100% tariffs on it.

[–] sommerset@thelemmy.club 2 points 6 days ago* (last edited 6 days ago) (1 children)

I doubt Tesla can survive in US alone.
They need global sales.
And market is such where Chinese electric cars are much cheaper anywhere where they sell them. Tesla is going to Iose global sales for sure

[–] Ledericas@lemm.ee 2 points 6 days ago

yea, tesla isnt surviving, which is why musk already moved onto to his new tow, AI.

[–] normalexit@lemmy.world 5 points 1 week ago (1 children)

The new slate truck looks super cool. I don't want to support bezos, but a small affordable electric truck is what I personally want.

I just want something to run to the store with that doesn't burn gas.

[–] NotJohnSmith@feddit.uk 4 points 1 week ago

Does that need to be a truck though? I guess in your situation it does but I can't imagine living so far off road that I need a truck to run to the store.

I do like the concept of Bezos truck (having always felt EV design should have gone in the direction of small efficient low range cars) but feel it won't carry anything that a small estate couldn't.

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