Elon Musk’s Tesla refusing to take back Cybertrucks as trade-in

From declining stock prices to protests against CEO Elon Musk's involvement in the Trump Administration, Tesla has been facing challenges.

Therefore, the electric car company has reportedly stopped accepting Cybertrucks as trade-ins, according to a recent report.

This development comes a day after the company announced a 13% decline in sales during the first quarter of 2025.

Recently, some Cybertruck owners tried to trade in their vehicles for new ones, but were told that Tesla is not accepting its vehicles as trade-ins.

Similarly, Cybertruck owners who have had their trucks for a while are attempting to return them, but are being forced to go through the "Lemon Law" process.

For the unversed, Lemon laws are regulations that protect consumers if they purchase a defective vehicle, also known as a “lemon.”

Moreover, Tesla is struggling to sell its existing Cybertruck inventory, valued at $200 million.

This has sparked discussion, with some noting that Tesla's decision not to accept used Cybertrucks as trade-ins might be due to the vehicle's rapidly declining prices.

On the other hand, US President Donald Trump, an ally of Musk's, has expressed support for the company, saying he would buy a Tesla to show his backing