Summary
The Tesla Cybertruck is in crisis. The automaker is still sitting on a ton of old inventory, which it is now heavily discounting, and it is throttling down production.
Tesla is expected to currently be selling the Cybertruck at a rate of about 25,000 units a year – a tenth of what Musk predicted.
Tesla began the second quarter with 2,400 Cybertrucks in inventory, valued at over $200 million. Tesla is now offering deeper discounts on the new inventory of Cybertrucks.
The automaker has reduced its Cybertruck production teams and now operates at a fraction of its original capacity.
And generally well designed and well made, to exacting standards.
And they float!
Nigel Thornberry is legitimately more terrifying than It.
And the front doesn’t fall off for starters!
That was a feature, not a bug.
Not sure what the feature does, but, details don’t matter to the wanks that but them.