Cybertruck emerged as the bestselling electric pickup in the U.S. over Q2 2024 as production ramped up and the company focused on fulfilling the backlog of orders.

The latest Tesla app indicates that the Cybertruck RWD will not come with Powershare or a powered tonneau cover, two of the pickup's most appreciated features

Tesla is declaring the Cybertruck to be “America’s bestselling electric pickup truck in 2024.” And yet, for the first time, the company is offering discounts of up to $2,600 on the low-poly truck, a sign that demand may not be as strong as Tesla would like you to think.

Tesla is discounting select Cybertrucks, the latest indication that the EV pickup and its polarizing design are suffering from a demand slump.

TSLA offers discounts on new Cybertruck models as its high price, repeated recalls and production setbacks in Austin hinder growth.

Local automakers are set to benefit from the dual impact of stimulus at home and tariffs abroad, leaving Tesla to struggle. Analysts cite factors such as an aging portfolio as a curb on demand, and no new models are likely to drive business.

It’s helping both of their stocks. Tesla plans to launch a self-driving robotaxi service at the end of 2025. Alphabet’s self-driving robotaxi company Waymo already operates in four cities—Phoenix, Los Angeles,

Tesla (NASDAQ:TSLA) may see its core EV business facing some challenges, but its lofty valuation reflects confidence in future game-changers like