Now we have learned that things are getting worse for Cybertruck owners: The Cybertruck has depreciated by 45% after only one year, according to CarGurus. The depreciation is so b

CEO Elon Musk started the buzz way back in 2017 when he teased a picture of "a pickup truck that can carry a pickup truck." Musk promised a pickup truck with an electric powertrain that could generate enough towing capacity to make the most heavy duty Ford F-150 blush.

When Cybertruck deliveries began rolling out in late 2023, Tesla said it would not accept trade-ins. Now, things have changed, reports EV news site Electrek, following what it calls "a commercial flop" for the electric truck's sales.