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Cybertruck

Every EVXL story tagged “Cybertruck” — newest first.

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Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

Tesla's Bumpy Road: Expected Shortfall in Q3 2023 Deliveries
Model Y

Tesla Sees Record Test Drive Signups for 48-Hour Model Y and Model 3 Demos Across U.S.

Tesla is experiencing a surge in interest for its electric vehicles, with some U.S. stores reporting record test drive signups for the new 48-hour demo option. According to a recent update from EV enthusiast Sawyer Merritt, the extended test drives for the Model Y and Model 3 have attracted significant attention, with bookings stretching over…

Tesla

LG Energy Solution to Ramp Up 4680 Battery Production for Tesla in June 2025

LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its Ochang Plant in South Korea marks a pivotal step for LG Ensol to meet Tesla’s…

Trump Slashes Auto Tariffs: A Win for EV Makers and Consumers. Tesla Model 3 and Model Y
Tesla

Tesla CFO Vaibhav Taneja Sets Record with $139.5 Million Pay Package Amid EV Industry Shifts

Tesla’s Chief Financial Officer, Vaibhav Taneja, received a staggering $139.5 million compensation package in 2024, making it the highest CFO pay on record since 2006, according to a recent report by The Wall Street Journal. This milestone comes as Tesla navigates a challenging period in the electric vehicle (EV) industry, marked by declining deliveries and…

Tesla Misses Q1 2025 Earnings, Investors Await Musk’s Strategic Update - Tesla Ramps Up Cybertruck Production at Giga Texas
Tesla

Tesla Faces Crisis as 10,000 Cybertrucks Remain Unsold, Sales Plummet Globally

Tesla, once a leader in the electric vehicle (EV) industry, is grappling with a severe challenge as over 10,000 Cybertrucks sit unsold across the U.S., costing the company an estimated $800 million. According to a recent Forbes report, this inventory backlog, combined with sharp declines in Tesla sales worldwide, signals a potential turning point for…

Tesla

Tesla Launches $1,000 Discount Program for Heroes: EVs for Military, Teachers, and More

Tesla has introduced a new initiative offering a $1,000 discount on any new electric vehicle (EV) for verified students, teachers, first responders, military veterans, retirees, active-duty members, their spouses, and surviving spouses. This program, dubbed “Made in America for Everyday Heroes,” expands Tesla’s previous military-only discount to honor a broader group of American heroes with…

Tesla

Tesla Appoints Chipotle’s Jack Hartung to Board, Bolstering Financial Oversight

On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the electric vehicle (EV) maker navigates leadership transitions and compensation reviews. Strategic Board Expansion Hartung, retiring…

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