The angular, divisive electric pickup truck didn't sell as well as some Wall Street analysts expected in 2024.

Tesla is offering discounts on its Cybertruck electric vehicle following a report that production has slowed at Tesla's factory. The latest model Cybertrucks feature price cuts of up to $1,600, bringing the total to $72,890, with as much as $3,410 off for demo units (for a total of $74,030), as listed on its website.

I think the Cybertruck can be officially considered a flop now,” Karl Brauer, an analyst at iSeeCars told Automotive News. “Remember, this was going to be Tesla’s F-150.

Starting this week, the electric vehicle manufacturer has lowered the price of new Cybertrucks by as much as $1,600, though the discount depends on configuration. If you don’t need an absolutely, 100 percent new vehicle, you can get up to $2,600 off the price if you opt for a demonstrator model, an easy way to save another $1,000.

Slowing sales of Tesla’s Cybertruck are pushing the automaker to reposition its workforce and change its pricing strategies.

Tesla is offering price reductions of up to $2,600 on the Cybertruck for the first time.

Key Takeaways Tesla is offering discounts starting at $1,600 on a dozen Cybertruck models.The least-expensive Cybertruck is currently available for as low as $78,390, down from about $80,000.The EV maker recently reported fourth-quarter deliveries that fell short of expectations.

Tesla (NASDAQ:TSLA) started offering discounts on new Cybertruck vehicles that are sitting in its inventory this week, according to inventory listings. The electric vehicle maker is providing up to $1,