Tesla Cybertruck Owner Lists His Truck for $77,000, Changes His Mind the Next Day

Tesla Cybertruck listed for sale for $77,000 6 photos
Photo: David S. via Autotrader
Tesla Cybertruck listed for sale for $77,000Tesla Cybertruck listed for sale for $77,000Tesla Cybertruck listed for sale for $77,000Tesla Cybertruck listed for sale for $77,000Tesla Cybertrucks listed for sale on CarGurus
Tesla hoped to turn the Cybertruck into North America's best-selling electric pickup truck. Even if it succeeds, the market for electric pickup trucks might not be big enough to justify the money invested into the Cybertruck. The electric pickup used to make big money for flippers, but now the prices are falling, and some owners are even trying to sell them at a loss.
Update: The Tesla Cybertruck listing on Autotrader has now changed the price to $129,000. Considering there were 23 Cybertrucks listed for under $120,000 on CarGurus at the time of writing, it looks like the seller overshot this time.

Tesla must've miscalculated the interest in electric pickups, especially as the EV market cooled significantly in the past year. This caused major headaches for Tesla, which saw its market shrinking at a time when costs were at an all-time high due to massive investments in AI compute power. Ford and Rivian have already seen their pickup trucks losing traction, and GM will likely see it, too, once it ramps up Chevy Silverado EV production. However, many thought that Tesla was shielded thanks to the massive popularity of the Cybertruck.

Initially, the Tesla Cybertruck attracted a lot of interest from celebrities and influencers, making it the first aspirational pickup truck ever produced. For a brief period, everyone was willing to sell an arm and a leg just to be seen in a Cybertruck, which led to people renting them by the hour at insanely high rates. Buying a Cybertruck on the grey market became a new business, with prices going north of $250,000. However, the hype didn't last long.

As production ramped up, new owners discovered that the build quality was among the worst they've ever seen. Cybertruck owners had a lot to put up with, from software and build quality issues to failing components. Less demand and more supply eventually caused the resale prices to plummet, with many Cybertrucks listed below $140,000 on car-selling platforms in May.

Things have gone even lower in June, with prices now starting at $113,000 for AWD models, almost as low as Tesla's new price. It's clear that flippers have left the building, and those on the market are just trying to get rid of their trucks. A quick search on CarGurus shows 232 Cybertrucks listed for sale, 100 more than in May when we last checked.

However, a new listing on Autotrader caught our attention thanks to the price of only $77,000. The 2024 Tesla Cybertruck AWD appears even cheaper than the non-Foundation Series Cybertruck, which should start at $79,000 when Tesla allows it. People who saw the ad are split between those calling it a fake and those convinced they witnessed a market meltdown.

According to the listing, this is a Cybertruck with only 19 miles on the odometer sold by a private seller (David S.) from Miami, Florida. Unless he made a mistake when setting the price, this is the lowest we've seen for a Cybertruck. It could also be a way to attract more viewers, although I'd be pissed to call him as a customer and find out the price was higher. As I said, there are plenty of Cybertrucks listed at a little over $100,000 now, there are plenty of fish in the water.
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About the author: Cristian Agatie
Cristian Agatie profile photo

After his childhood dream of becoming a "tractor operator" didn't pan out, Cristian turned to journalism, first in print and later moving to online media. His top interests are electric vehicles and new energy solutions.
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