The futuristic-looking Tesla Cybertruck is reportedly facing a monumental challenge as its inventory in the United States has ballooned to over 10,000 units. This suggests a big slowdown in demand for the apparently highly anticipated electric truck, raising a lot of questions about its real market reception.

Data from Tesla-Info.com indicates a sharp rise in Cybertruck listings within a single month. While part of this surge could be attributed to an actual increase in the number of vehicles available, it appears that Tesla is also employing big price reductions across different configurations. These varying discounts create multiple listings for essentially the same vehicle, possibly inflating the inventory numbers.

With an average selling price hovering around €70,300, this stockpile represents a big chunk of capital, potentially reaching close to €721 million worth of unsold Cybertrucks. Industry observers suggest that the growing inventory is more likely a consequence of sluggish sales rather than a sudden spike in production. In fact, there are indications that Tesla has deliberately reduced the Cybertruck production rate in recent months.

  • some_guy@lemmy.sdf.org
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    3 days ago

    The futuristic-looking Tesla Cybertruck

    Lemme stop you right there…

    Considering the current inventory levels, which represent approximately two quarters’ worth of sales, and the apparent production slowdown, the future of the Cybertruck program is uncertain. Despite initial projections of producing 250,000 units annually, it appears Tesla might struggle to sell even 20,000 Cybertrucks per year in the current market climate

    I enjoy a feel-good story. This feels great.

    • datavoid@lemmy.ml
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      3 days ago

      Crazy how on a post with 2 comments, my initial thought was literally exactly the same as yours. The hive mind is alive and well!

  • ferric_carcinization@lemmy.ml
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    3 days ago

    Bold choice to store them so close to each other. If something bad were to happen, multiple cars might be affected. Especially as Teslas are known to spontaneously combust, most commonly either when driving or no one is looking.