Tesla Cybertruck Sales Tank First Quarter
These are dark times for Elon Musk's much-vaunted Tesla Cybertruck. Musk once claimed it might sell 250,000 per year, despite its steep sticker price. So far in 2025, he's on track to sell less than half as many as he did in 2024.
Source: Forbes
Tesla’s stock has slid steadily this year, hurt by declining sales and widespread protests over CEO Elon Musk’s leadership of President Trump’s DOGE initiative, which is making haphazard staffing and budget cuts to federal agencies. The electric vehicle maker’s sharp-edged Cybertruck is also sliding, posting sharply lower sales in the year’s first quarter.
The Austin-based company delivered just 6,406 Cybertrucks this year through March, according to Cox Automotive. That’s more than double its volume in the year-earlier period, when it was slowly starting to make the hard-to-build model. But the quarterly figure was less than half of what it sold in either the third or fourth quarter of 2024–14,416 and 12,991 units, respectively–as its production ramped up.