Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

Samsung Offers Apple An iPhone 17 Air Warning

June 23, 2025

How to Stop Overthinking and Start Taking Action

June 23, 2025

CEO Sees ‘New Opportunity’ for Small Businesses During Pride

June 23, 2025
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » Cybertruck’s Many Recalls Make It Worse Than 91 Percent of All 2024 Vehicles
Startup

Cybertruck’s Many Recalls Make It Worse Than 91 Percent of All 2024 Vehicles

adminBy adminNovember 30, 20240 ViewsNo Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

And on this metric, the Cybertruck might be wanting. “Cars with ongoing recalls well after launch suggest a much higher lifetime recall total,” says Brauer. He calculates that the Cybertruck’s six recalls to date are “worse than 91 percent” of other 2024 vehicles. All this was possibly foreshadowed in 2023 when a leaked Tesla report showed the Cybertruck had basic design flaws.

“We aren’t comfortable making [lifetime recall] predictions on the Cybertruck at this very early stage,” stresses Brauer, “but so far it isn’t doing very well.”

Most Cybertruck buyers pay scant attention to longevity estimates, believes Edmunds’ Drury, and plenty probably aren’t exercised by recalls, OTA or otherwise, he said. “Cybertruck customers are in it for the stares and glares—they don’t care about how many times [this vehicle is] going to be recalled over 30 years,” says Drury. “They’re buying this car for now, with zero thought to the future.”

“A standard auto customer wants to know if a car will last 10 years or will be ongoing good value for money,” he says. “A Cybertruck customer doesn’t care about any of that. Owning a Cybertruck isn’t practical; it’s a boast. A boast that ‘I have so much discretionary income I can afford to waste it on an impractical car.’”

Similar to other critics (earlier this year, a CNN reviewer called the pickup a “disturbing level of individual arrogance in hard, unforgiving steel”), Drury believes Cybertruck buyers are people “who think, ‘I don’t care if I kill people when I drive this thing down the street,’” he says. “There aren’t many of those people out there, so there’s a relatively small market for the Cybertruck.”

If Tesla, which was contacted for this piece, is genuinely fishing in smaller pools than originally anticipated by Musk—at a 2023 shareholder meeting he predicted that Cybertruck sales could hit 250,000 by 2025, and reach 500,000 a year once production ramped up—this might help explain the softening of Cybertruck aftersales.

“Used values on these things have plummeted dramatically,” said Drury. Price tracking website CarGurus estimates that the average used Cybertruck dropped from $175,000 in April to $110,864 today. The cheapest Cybertruck on Autotrader was $86,000 earlier this week, and many of the other 276 currently listed on the site sport “recent price drop” banners.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

A False Start on the Road to an All-American Bitcoin

Startup June 23, 2025

This AI Model Never Stops Learning

Startup June 22, 2025

Companies Warn SEC That Mass Deportations Pose Serious Business Risk

Startup June 20, 2025

Unpacking AI Agents | WIRED

Startup June 19, 2025

How Steve Jobs Wrote the Greatest Commencement Speech Ever

Startup June 17, 2025

Inexpensive AI Agents Threaten Entry-Level Coding Jobs

Startup June 16, 2025
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Samsung Offers Apple An iPhone 17 Air Warning

June 23, 2025

How to Stop Overthinking and Start Taking Action

June 23, 2025

CEO Sees ‘New Opportunity’ for Small Businesses During Pride

June 23, 2025

A False Start on the Road to an All-American Bitcoin

June 23, 2025

Dana White’s Huge Jon Jones Announcement Makes 3 Things Very Clear

June 22, 2025

Latest Posts

Take These 3 Steps to Shorten Your Sales Cycle

June 22, 2025

I’m So Glad My Company Never Went Viral — Here’s Why

June 22, 2025

This AI Model Never Stops Learning

June 22, 2025

Extra Clues And Answers For Today’s Game

June 21, 2025

Answer Engine Optimization (AEO) — What Brands Need To Know

June 20, 2025
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2025 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT