Tesla Cybertruck appears to be facing significant sales challenges. After initial hype faded, and over a million reservations turned out to be as real as unicorns, Tesla is now enabling leasing options and free upgrades to move its inventory of the futuristic pickup truck. The company’s recent silence on the Cybertruck, even omitting it from their earnings call, speaks volumes about the situation.
Tesla initially projected sales of 500,000 Cybertrucks annually and established production capacity at the Giga Texas for 250,000 units per year. After working through the initial reservation backlog with fewer than 40,000 deliveries, the automaker is now struggling to sell the remaining vehicles.
In case you weren’t referencing this, be amazed:
https://www.businessinsider.com/tesla-sue-cybertruck-buyers-they-resell-in-first-year-2023-11?op=1
I was referencing how Elon is suing companies for not wanting to advertise on X. But this is amazing, too.
Hmm, it’s kind of like he has an established MO for when his businesses are failing due to his own poor decisions and lack of business sense.
Does that mean Canada and Mexico will be sued if the tariffs don’t make them beg to be annexed?
