![The Tesla Cybertruck on the road](https://develop.motorbiscuit.com/wp-content/uploads/2024/07/Tesla-Cybertruck.jpeg?w=902)
2%+ of Cybertruck buyers trying to sell their new Teslas
There’s something fascinating going on with the Tesla Cybertruck right now. While Tesla continues churning out its EVs for customers on the waiting list, and some savvy folks are even selling their waiting list spots, there are 211 used Cybertrucks currently for sale on Cars.com. There are another 22 on eBay. I even found 40 more listed elsewhere–such as on Craigslist. Is 273 Cybertrucks for sale shocking? Only when you realize that 2.3% of the trucks delivered are currently back on the market–after less than a year of ownership.
When Tesla recently recalled all of its Cybertrucks for an issue with the windshield wiper, it revealed that it had delivered 11,688 of them. The Cybertruck’s monthly delivery rate comes out to 1,754 trucks on average.
At first, it’s not particularly surprising to hear that nearly 300 Cybertrucks are for sale. I mean, there are currently 825 Tesla Model Xs listed on Cars.com. But if you think about it, most of these Cybertruck owners are dumping their electric trucks after just a few months with them.
Tesla’s sold 161,974 Model Xs in the U.S. And they’ve been on sale since 2015, so you’d expect to see some owners parting with them. Still, the 825 Model Xs listed on Cars.com represent just 0.50% of the Model Xs ever sold.
Are Cybertruck owners unhappy with their vehicles? Perhaps. Tesla has already issued four Cybertruck recalls, including for a potentially deadly accelerator pedal malfunction. Owners have reported ‘coming soon’ error messages for features such as locking differentials, and that a simple carwash can brick the Cybertruck’s screen. And of course owners are complaining that the 340-mile advertised range can actually be 164.
But there’s another opiton: Did most Cybertruck owners always plan to be flippers? That’s also a possibility. But flipping a Cybertruck would be a surprisingly bad idea. And I’m not talking about the lifetime ban Tesla threatened flippers with.
When the Cybertruck first hit the streets, many celebrities picked one up. For a few months, it was the “it” car. A Porsche dealership famously paid $244k for a $210k Cybertruck, then resold it for $290k. But within months, things slowed down.
Of the 17 Cybertrucks that have been listed on Cars & Bids, only 11 have actually sold. By June, a Foundation Series Cybertruck ($100k MSRP) only bid up to $97k and didn’t hit the seller’s minimum. They’re less of a novelty and more are available. It looks like the market is cooling.
We may never know exactly what these early Cybertruck owners are thinking. But the numbers show that they want out.