Indeed, signs of slowing Cybertruck demand have been bubbling up for months. Sales took off briskly through the first nine months of last year, hitting nearly 17,000 units in the third quarter, per Cox estimates. But they sank to around 13,000 in the final three months of the year.

The manufacturer is recalling 46,000 of the vehicles due to a faulty exterior panel, marking the eighth time it's been recalled.

Tesla has issued a recall for nearly all Cybertrucks due to a faulty exterior panel. Here's what owners should do.