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Business & Economics

Tesla’s Cybertruck is getting deeper discounts and production cuts

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Summary
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Tesla is slowing down Cybertruck manufacturing at its Texas factory and shrinking its production teams.

Some models in stock won’t be eligible for the $ 7,500 federal tax credit either due to their age or because the sticker price is too high.

Tesla has seen a year-over-year decline in sales of Cybertrucks as reported earlier this month .

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