Tesla Stops Accepting Its Own Cars as Trade-Ins

a year ago

Tesla faces global protests and boycotts due to Elon Musk's controversial actions.
Tesla has a backlog of 2,400 unsold Cybertrucks worth $200 million.
Tesla is refusing to accept Cybertrucks as trade-ins, forcing some owners to use Lemon Law.
Cybertruck sales peaked at 5,308 units in September 2023 but have since declined sharply.
A recent recall affected nearly all delivered Cybertrucks, totaling 46,000 units.
Elon Musk's association with Donald Trump and DOGE has hurt Tesla's public image.
Tesla owners are distancing themselves from Musk's politics, leading to a decline in resale values.
Used Cybertruck prices have dropped 55% year over year.
Other used car dealers are hesitant to buy Cybertrucks, offering low-ball prices.
Tesla's future is uncertain amid global 'Tesla Takedown' protests and market chaos.

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