Tesla introduces new Cybertruck at $70,000 with sluggish demand and challenges

From Nasdaq: 2025-04-11 07:48:00

Tesla, Inc. introduces new Cybertruck RWD model for $70,000 with 350-mile range. Features single RWD motor, lacks some amenities. Facing challenges with 6,406 deliveries in Q1 2025, down from previous quarters. Inventory of 2,400 unsold Cybertrucks due to recalls, rising material costs, and sluggish demand.

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Read more at Nasdaq: Tesla Introduces New Cybertruck at $70,000 Amid Sluggish Demand