How much the $150,000 Tesla Cybertruck has depreciated in just 3 years is truly staggering
Published on Jun 02, 2026 at 1:37 PM (UTC+4)
by Ben Thompson
Last updated on Jun 02, 2026 at 1:37 PM (UTC+4)
Edited by
Mason Jones
Over the three years since its release, the $150,000 Tesla Cybertruck has depreciated by a staggering amount.
When it was launched back in 2023, the Cybertruck was the talk of the town.
Three years on, its star has waned somewhat as sales dipped.
The amount it goes for now on the used market is significantly lower than where it used to be.
The current price of a Tesla Cybertruck
This truck had been teased way back in the early 2010s, with the Cybertruck finally getting its reveal in 2019.
By the time it was released in late 2023, the hype had reached astronomical levels.
Whether you loved it or hated it, there was one thing you couldn’t deny – there was no other vehicle like it.
At the start, the base model would set you back $69,990, while the range-topping model would take costs up to $99,990.
But on auction sites, it could fetch more than $150,000.
It was evidently a high-flyer.
The picture today is a much different one.
A lot of these same trucks released early on are going for between $58,000 and $70,000 on the second-hand market.
What’s caused this significant dip?
The reputation precedes this truck
One factor is that the Tesla brand has become increasingly controversial in recent years – and the Cybertruck even more so.
Let’s face it, the Cybertruck was always divisive and many of its owners know that – WWE star Seth Rollins is just one notable example.
This has coincided with a sharp decline in sales, as Cybertruck sales plummeted by 48 percent between 2024 and 2025.
In the wake of this, the company sold them off to other Musk-owned companies like SpaceX.
The Middle East was also scouted as a new market for the truck, with a notable price increase.
But despite this, the Cybertruck’s decline in value is only expected to continue.
YouTuber Doug DeMuro advised owners to sell their Cybertrucks sooner rather than later.
He estimated that prices could slip down to $30,000 within the next 18 months – and even go as low as $15,000 within the next decade.
This is just the latest of bad news headlines for the company.
With some California EV buyers turning their backs on the company and news of Elon Musk’s own net worth dipping, things haven’t been smooth and steady for a while.
Following stints at LadBible, The Sun, The New York Post, and the Daily Mail, Ben joined the team full-time in February 2025. In his role as Senior Content Writer, his sparkling copy, the ability to sniff out a good story at 100 paces, and a GSOH quickly led to him becoming an integral and invaluable member of the writing staff.
