‘Over 1 Million’ People Wanted a Cybertruck. Where Are They?
image via WIRED
March 25, 2025, 10:30 AM
- •Tesla has sold just 46,096 Cybertrucks since launch, far fewer than the 250,000 per year Musk predicted
- •Tesla's conversion rate on Cybertruck reservations is just under 5 percent
- •Tesla's current elevated worth is based on predicted sales of yet-to-be-launched robotaxis and humanoid Optimus robots
Tesla sold just 46,096 Cybertrucks since customer deliveries began 14 months ago, far fewer than Musk predicted. The Cybertruck has been plagued by production issues, quality control problems, and cost hikes. Tesla is now offering discounts and low financing rates to move Cybertrucks. Analysts say the Cybertruck is a drag on Tesla's value and could cause the company's stock to crash.
Entities Mentioned
Elon MuskAndy PalmerJoseph YoonChrister Gardell
Topics Covered
GearGear / Gear News and EventsBusiness / Transportation
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