Tesla is encountering severe challenges as the company reported a 13% decline in first-quarter sales compared to last year, with global deliveries missing estimates by a large margin. The Cybertruck has compounded these issues, with reports of numerous unsold units and a staggering 55% drop in used prices over the past year. Additionally, owners have expressed frustration over trade-in refusals and unresolved service delays, leading many to consider legal options. The company's stock has also suffered a significant decline, contributing to the overall perception of a credibility crisis.
Tesla's decision to refuse Cybertruck trade-ins has raised significant public relations concerns, amidst declining vehicle sales and a substantial drop in resale values.
The Cybertruck's production issues, coupled with sales troubles, reflect a growing crisis for Tesla, leading some owners to pursue legal remedies over buy-backs.
Collection
[
|
...
]