cross-posted from: https://lemmy.world/post/28362775
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.
at some point the production capacity will exceed their ability to store them. this has already been illustrated repeatedly.
he can keep funding them but to what end - an army of cybertrucks to overturn the country? bwahaha… they couldn’t get a few miles down the road before breaking down.