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Technology

The Tesla Cybertruck Might Have An Inventory Problem

  • Dozens of $100,000+ Tesla Cybertrucks are sitting unsold in inventory across the U.S.
  • They're all limited-edition Foundation Series models.
  • The Foundation Series was only available until October stateside.

The limited-edition Tesla Cybertruck Foundation Series is piling in the automaker’s inventory. The Foundation Series was available until October in the United States for those who pre-ordered it and was the first version to be sold here after deliveries of the angular electric pickup began in November of last year.

It’s also the most expensive trim of the Cybertruck, costing either $99,990 for the dual-motor all-wheel drive or $119,990 for the tri-motor Cyberbeast. Technically, the Foundation Series isn’t any different from the run-of-the-mill Cybertruck, but the extra $20,000 on top of the base price brought customers extras like lifetime cellular connectivity, unrestricted access to the automaker’s so-called Full Self-Driving driving assistance system, a Powershare mobile connector, $2,500 in credits that could be used in Tesla’s online shop and a bunch of accessories.

Now though, there are dozens of these $100,000+ trucks sitting in Tesla’s inventory. Using the EV manufacturer’s website, we found brand-new Cybertruck Foundation Series models in several states including New York, California, Texas, Massachusetts, Colorado, Florida and Minnesota. There's also a report claiming Tesla is de-badging Foundation Series models to try and sell them as regular Cybertrucks in Canada.

The New York inventory for Cybertrucks.

Earlier this month, we reported that Tesla told some of its Cybertruck line workers to stay home, which led to speculation that the carmaker was having some demand issues with its flagship model.

Having said that, the top-tier units that ended up in inventory might collect dust for a while, seeing how the non-Foundation Series models cost $79,990 and $99,990 respectively. Sure, you won’t get FSD, lifetime premium connectivity and the Powershare mobile connector, but you get to keep $20,000 in the bank account, and that’s a lot of money whichever way you look at it. Plus, FSD can be used with a subscription that’s cancelable at any time–it costs $8,000 to buy it outright.

Then, there’s the issue of what was promised and what was delivered. When the Cybertruck debuted as a prototype back in 2019, Tesla touted a range of over 500 miles on a full charge, a towing capacity of over 14,000 pounds and a price between $39,900 and $69,900. None of these have translated into reality when deliveries officially started last November. The towing maximum capacity of the finished product is 11,000 lbs, the maximum range is 325 miles and the price is between $79,990 and $99,990. Granted, there’s supposedly a third, cheaper version on the way, with a single electric motor, but that hasn’t happened yet.

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