Summary
Tesla is struggling to sell its Cybertruck, even after applying discounts of up to $6,000. Inventories are piling up in the U.S. and Canada, with demand falling short of expectations.
The 2025 model qualifies for a $7,500 tax credit, but the 2024 model—still in stock—does not. There are also concerns that the tax credit may soon be eliminated.
Tesla’s goal of producing 250,000 Cybertrucks annually seems unrealistic, and analysts suggest a cheaper single-motor version may be needed to stimulate demand.
The Cybertruck’s hype appears to be fading.
What hype? The only things it was known for since day one was being horrendously ugly, bad design, bad build, stupidly unsafe… Need to go on?
The thing is more flammable than a Ford Pinto which is the only impressive fact about it.
What hype?
TBH, it’s gotten a lot of press, much more than most cars, ev’s or not. Much of it negative though, so not calling it hype is valid.
It wasn’t “much of it was negative”, it was “all of it was negative”. I am sure I missed a few news headers but from all the cyber fruck news I’ve seen, not a single one was positive with the single exception being a few idiot owners who actually bought the thing and posted videos about it and even those were mostly negative where they literally sat with a sad face in their car.
If literally 90+% is negative, then no, it’s not a hype.