Hey there, tech enthusiasts! Nuked here, ready to dive into some electrifying news about everyone’s favorite futuristic vehicle, the Tesla Cybertruck.

Recently, Tesla started accepting trade-ins for the Cybertruck, but the numbers tell a different story. Owners are facing significant depreciation—up to 45%, according to CarGurus. For example, one owner who bought a $100,000 AWD model with nearly 20,000 miles was offered just over $63,000 for trade-in. Another, who paid $127,000 for a top-tier Cyberbeast, received an offer of about $78,200 after only eight months.

Tesla initially restricted reselling these trucks, aiming to control the high demand and prevent scalping. Interestingly, this move may have also postponed resale waves, especially given owners’ frustrations over Elon Musk’s political ties and ongoing quality control issues, like recalls and falling trim parts. Keep in mind, trade-in values are typically lower than private sales, especially for EVs, which tend to lose value quickly.

Industry experts note that brand depreciation can reach 50% within the first year. This rapid decrease is a concern for owners hoping to recoup their investment. Overall, the depreciation figures highlight the challenges of holding on to a high-tech pioneer like the Cybertruck in today’s resale market.