{"id":82803,"date":"2025-06-05T23:18:12","date_gmt":"2025-06-06T03:18:12","guid":{"rendered":"http:\/\/autosector.com\/?p=82803"},"modified":"2025-06-05T23:18:12","modified_gmt":"2025-06-06T03:18:12","slug":"tesla-goes-full-desperate-cybertruck-with-biggest-discount-yet","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=82803","title":{"rendered":"Tesla becomes desperate with Cybertruck, launches biggest discount yet"},"content":{"rendered":"
\n\t\"Tesla<\/figure>\n

Tesla has announced that it now offers interest-free loans on the Cybertruck until the end of the month. The move is the equivalent of a roughly $10,000 discount and shows that Tesla has reached a new level of desperation in trying to sell the Cybertruck.<\/p>\n

<\/p>\n

Following the unveiling of the Cybertruck in 2019, Tesla reported having accumulated over 1 million reservations for the highly anticipated electric pickup truck.<\/p>\n

However, after launching the production version in 2023 at almost twice the price and with less range than previously announced, the vehicle program became a total flop.<\/p>\n

Tesla had planned for a production capacity of 250,000 vehicles per year at Gigafactory Texas, and CEO Elon Musk said that he could see the automaker doubling to half a million trucks per year.<\/p>\n

\tAdvertisement – scroll for more content<\/span><\/p>\n

However, Tesla ended up having issues selling 40,000 Cybertrucks in its first year, and the delivery rate fell even further in 2025 with inventories piling up.<\/p>\n

To address the demand issues, Tesla <\/a>began throttling down production earlier this year and offering deeper discounts on its new vehicles<\/a>.<\/p>\n

Today, Tesla announced its biggest Cybertruck discount yet: 0% APR financing for those who order the truck with its $8,000 Full Self-Driving Package:<\/p>\n

\"\"<\/figure>\n

As we recently reported, Tesla has virtually given up on delivering Autopilot on Cybertrucks \u2013 pushing many buyers toward its more expensive FSD package.<\/p>\n

Now, Tesla is doubling down on the strategy by subsidizing financing with FSD.<\/p>\n

The automaker has already been offering 0% financing in Model 3 and cheaper financing on Model Y, but it is going to be quite costly on the more expensive Cybertruck.<\/p>\n

At a cost of $88,000 (Cybertrcuk Dual Motor plus FSD), it should cost Tesla about $10,000 in loss revenue to subsidize the loans at the current rate.<\/p>\n

Inventory trackers indicate that Tesla\u2019s Cybertruck inventory in the US exceeds 3,700 units, valued at over $300 million.<\/p>\n

The fact that Tesla is extending this offer only through June 30th points to the automaker trying to reduce its inventory by the end of the quarter.<\/p>\n

Electrek\u2019s Take<\/h2>\n

It looks like Tesla is delivering the Cybertruck at an annual rate of about 25,000 units in its second year of production \u2013 down from ~40,000 units in its first year.<\/p>\n

There\u2019s no way to put it nicely: this is a commercial flop.<\/p>\n

It\u2019s especially bad when you consider that Tesla prepared for a production of 250,000 units per year.<\/p>\n

Let\u2019s see how successful a 0% APR promotion is. I\u2019m sure it would have a positive impact, but I doubt it will help increase the annualized rate to more than 30,000 units.<\/p>\n

\n

FTC: We use income earning auto affiliate links.<\/em> More.<\/a><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Tesla has announced that it now offers interest-free loans on the Cybertruck until the end of the month. The move is the equivalent of a roughly $10,000 discount and shows that Tesla has reached a new level of desperation in trying to sell the Cybertruck. Following the unveiling of the Cybertruck in 2019, Tesla reported […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82803"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82803"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}