Musk vs. Trump: Tesla Slashes Cybertruck Prices After Feud Heats Up, Here's How Much You Need To Pay for It Now

Tesla has announced significant price cuts for its Cybertruck following a public feud between Elon Musk and Donald Trump, which led to a 14% drop in Tesla's stock value. The company is now offering interest-free loans for Cybertruck purchases, effectively a $10,000 discount, valid until June 30. This move comes as Tesla faces declining popularity and sales challenges, with over 10,000 Cybertruck units unsold. The situation underscores the risks companies face when their leaders are politically associated, raising questions about the effectiveness of this strategy to regain customer trust.

In the wake of the public disagreement between Elon Musk and President Donald Trump, Tesla Inc. TSLA has declared significant price reductions for its Cybertruck model.

What Happened: Tesla is now offering interest-free loans for Cybertruck purchases, which is equivalent to a $10,000 discount. This decision was made in response to a 14% decrease in Tesla’s stock value, following a heated social media exchange between Musk and Trump.

Over the past year, Tesla’s popularity has taken a hit due to Musk’s association with the Trump administration.

This connection has resulted in a change in Tesla’s customer demographics, with those opposing Trump and Musk either selling or damaging their vehicles. The recent clash between the two could further affect Tesla’s sales.

As per the report by Electrek, Tesla has announced the interest-free loan offer for Cybertruck purchases, valid until June 30. This announcement came after a significant drop in Tesla’s stock due to the escalating conflict between Musk and Trump.

Despite its unique design, the Cybertruck has historically lagged in sales compared to other Tesla models. As of May, over 10,000 units remain unsold in Tesla’s inventory.

Also Read: Here’s Why Shaquille O’Neal Gave Up Elon Musk’s Cybertruck And Passed It To Another NBA Star

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After leaving the White House, Musk has expressed his desire to avoid politics and concentrate on his tech companies, including Tesla and SpaceX.

Why It Matters: The recent feud between Musk and Trump, and the subsequent reaction of Tesla’s customer base, highlights the potential risks for companies when their leaders are closely tied to political figures.

The significant discount on the Cybertruck, a model that has already been struggling with sales, could be seen as a desperate move to boost sales and regain customer trust.

However, whether this strategy will be successful remains to be seen.