Tesla's Cybertruck trade-in values low, stock down by 9%, consumer concerns about Musk

From Yahoo Finance: 2025-05-21 12:00:00

Tesla is now accepting trade-ins for its Cybertruck, signaling a decline in value and a glut in supply with 10,000 units in inventory. The trade-in offers add to concerns about the Cybertruck’s performance as Tesla’s stock is down by 9% this year, amid consumer worries about Musk’s political stance.

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Read more: Tesla Sentiment Rattled by Low Cybertruck Trade-in Value