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.
I’m trying to think of how cheap it would have to be for me to drive one of these monstrosities and it would have to be something like $-50K/year.
Pay me a lower middle class salary and I will drive your piece of shit electric truck.
You theoretically want to die on fire trapped in one for that much money?
I struggle with suicidal ideation every day, so…maybe?