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.

  • dylanmorgan@slrpnk.net
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    4 days ago

    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.

    • TheOakTree@lemm.ee
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      4 days ago

      It would have to more for me if they add rules and a contract, though. You’d want to make it look incredibly anti-musk to avoid someone fucking up the car.

      Granted, you’d still make money up to that point.