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.

  • Billiam@lemmy.world
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    2 days ago

    Depends on how you define “predicted”.

    If you meant “made the most logical guess using all available data” then no, he didn’t do that.

    But if you meant “pulled an impossible sales number out of a ketamine-laced shit from his lumpy asshole that wildly overestimated how popular he and his ‘truck’ are” then I’d say you’re correct!