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Few vehicles are more divisive a topic among enthusiasts than the Tesla Cybertruck. Early in the Tesla model’s run, owners tried to offload their new-to-them EVs, only to hit roadblocks. Like CarMax refusing to take a YouTuber’s Cybertruck a month after he purchased it. 

‘Catastrophic depreciation’ led a YouTuber to ‘dump’ his Tesla Cybertruck after one month, but it was no easy feat

Tyler Hoover of “Hoovies Garage” on YouTube bills his content as the “dumbest automotive channel” in all of YouTube. However, that doesn’t stop Hoover from keeping a fleet of vehicles, including one of Tesla’s most reviled creations: the Cybertruck.

Hoover was a day one reservation holder for the truck. But after just one month, he wanted to offload it. He cited “catastrophic depreciation” as the primary reason for his desire to sell. “This is the last day, the last week I will be able to sell this without taking a loss.” 

Hoover thought, optimistically, that CarMax would bid over the value of the truck just to add it to their fleet. However, CarMax was “unable to put an offer on your Cybertruck.” He adds that CarMax told him they wouldn’t offer money for anyone’s Cybertruck. Of course, there’s a caveat. 

It’s not that CarMax has a specific distaste for the boxy EV pickup truck. The video was from a time when Tesla’s sales agreements prohibited Cybertruck owners from “flipping” their EVs shortly after purchase. As such, the nationwide used car retailer said it wouldn’t make an offer on a Tesla Cybertruck until the owner had it for over one year. So, Hoover’s one-month ownership is far from qualifying.

Hoover also speculated that CarMax may be “worried about the litigious nature of Tesla.” There’s some reality to that claim. Tesla has a history of suing critics and customers alike, including media members in China to silence negative press. 

Now, Tesla drivers are contending with rising stigmas around the brand’s vehicles. However, it has nothing to do with the efficacy of the EVs themselves. No, it centers around Elon Musk, the brand’s eccentric CEO.

Elon Musk developed a working relationship with now-President Donald Trump, leading to an appointment as a head of the newly-formed Department of Government Efficiency (DOGE). Musk’s government involvement and controversial public appearances have earned him disapproval and even protests from critics.

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Erik Sherman

Erik Sherman is a MotorBiscuit Staff Writer, an admitted petrolhead, and an avid motorcyclist. Erik also has extensive experience with military and emergency vehicles, ranging from ambulances and fire engines to MRAPs and Humvees. Erik is an eager car and motorcycle reviewer with expertise covering everything from sports cars and electric motorcycles to pontoon boats and jet skis. Erik holds a Bachelor’s Degree from the University of Texas at Austin. He also studied Chinese, Energy, and European Politics at the University of Glasgow in Scotland. Erik’s background is unorthodox; he is a United States Marine Corps (USMC) combat veteran, water survival practitioner, and a former firefighter/EMT. Additionally, Erik is a regular volunteer and former instructor with the American Red Cross (ARC). When he’s not working, you can find Erik on his motorcycle or out for a spirited drive.