One owner, who posted a screenshot of their offer on the Cybertruck Owners Club forum, noted that Tesla returned a trade-in estimate of $65,400 for their example with just 6,211 miles recorded. Another, who drove their 2024 Cybertruck more than 32,000 miles since taking delivery, was offered $60,500.

CEO Elon Musk started the buzz way back in 2017 when he teased a picture of "a pickup truck that can carry a pickup truck." Musk promised a pickup truck with an electric powertrain that could generate enough towing capacity to make the most heavy duty Ford F-150 blush.