Tesla is issuing a recall for certain 2024-2025 Cybertruck vehicles due to a stainless-steel exterior trim panel that can delaminate and detach, posing a road hazard risk. Approximately 46,096 vehicles are affected. Owners will receive replacement parts at no cost.
The company’s stock has plummeted 44.2% in 2025, making it the worst performer in the S&P 500 this year. The decline is attributed to structural quality issues and Musk’s involvement in divisive politics.
Elon Musk, CEO of Tesla, has been criticized for his role in the company’s poor performance. His ties to Trump have sparked controversy, with some accusing him of being a “special government employee.” Protests have erupted at dealerships, and a website has been launched to publicly disclose Tesla owners’ personal information.
Tesla’s struggles have significant implications for the trucking industry, particularly its electric semi-truck division. The company’s downfall could benefit rivals like Rivian, which offers a light-duty EV truck and is expanding into commercial vehicles. As a result, some Tesla owners are switching to other brands, including Rivian.
Source: https://www.fleetowner.com/news/article/55276271/tesla-recalls-46000-cybertrucks-as-stock-prices-drop-and-ceo-draws-criticism