Nearly all Tesla Cybertrucks have been recalled due to ongoing stock market volatility, which is affecting Elon Musk’s company.
Tesla has announced a major recall affecting nearly all Cybertruck vehicles. This decision comes as the company faces challenges in the stock market.
The recall involves about 46,000 trucks at risk due to a potential issue with a trim panel detaching while the vehicle is in motion.
Tesla recalls nearly all Cybertrucks as stock market volatility impacts Elon Musk’s company
According to Tesla and the National Highway Traffic Safety Administration (NHTSA), the recall affects Cybertrucks made in 2024 and 2025.
The vehicles involved were manufactured between November 2023 and February 2025.
The problem relates to the cantrail assembly, which may not meet durability testing requirements.
Tesla stated that if the stainless steel panel separates from the vehicle, it could pose a serious risk to other drivers on the road.
The NHTSA also highlighted that a detached panel could lead to accidents, increasing the chance of injuries or collisions.
To ensure safety, Tesla is taking this voluntary step to replace the faulty components.
Background of the safety issue
The issue with the Cybertruck’s trim panel was first reported in January 2025. After careful consideration, Tesla decided to issue the recall on March 11.
This recall marks the eighth such action for the Cybertruck since it was introduced in January 2024.
It is one of the largest recalls for the vehicle in its short time on the market.
Both Tesla and the NHTSA have provided resources for customers. Consumers can check whether their Cybertruck is affected by visiting the official websites.
This transparency is crucial in maintaining trust with customers who have invested in the vehicle.
Stock market impact and Elon Musk’s challenges
The recall comes amid a difficult period for Tesla and its CEO, Elon Musk.
Recently, Musk’s net worth has dropped significantly, losing over $144 billion as Tesla’s stock prices fell more than 15% since October. The stock market fluctuations have raised concerns among investors.
Experts suggest that Musk’s involvement in politics may be impacting Tesla’s image.
Besides being the CEO, Musk is also a presidential advisor, which has made him a polarizing figure.
This shift in focus might be affecting Tesla’s growth and innovation, leading to concerns among consumers and investors alike.
Political entanglements affecting Tesla
Musk currently heads the White House’s Department of Government Efficiency (DOGE). This role aims to modernize federal technology and improve government efficiency.
While this position is influential, it has also drawn attention away from Tesla’s core business.
Abigail Wright, a consultant, pointed out that Musk’s political involvement could alienate key markets.
Consumer perception can be heavily influenced by political sentiments, and Musk’s recent actions may not resonate well with everyone.
“Instead of focusing on Tesla’s innovation and growth, he has become a polarizing figure, alienating key international markets where political sentiment plays a major role in consumer perception and decisions,”
Support from Donald Trump amidst protests
Amid the challenges, President Donald Trump has publicly supported Musk.
Earlier this month, Trump stated he would buy a Tesla in a show of confidence for Musk. He shared this message on the Truth Social platform, emphasizing that Musk is a valuable asset to the nation.
“Elon Musk is ‘putting it on the line’ in order to help our Nation,” Trump wrote, adding later, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American.”
Trump’s support comes at a time when Tesla is facing protests and boycotts. The president’s comments may help boost public perception of Musk and his company.
Trump mentioned he would buy a Tesla vehicle, which retails for around $80,000, to demonstrate his backing.
In addition to the professional challenges, Musk’s personal life has also made headlines.
His estranged daughter has spoken out against him regarding his anti-transgender comments.
Furthermore, Musk is navigating custody and financial issues involving his child with Ashley St. Clair. Musk has 14 children with four different women, including the singer Grimes.