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.
I am really looking forward to all the Teslas being stripped down for ev conversions and restomods.
So much of the design is proprietary nonsense, it makes me wonder how much of the trucks can be reused for something people actually want.
Sure, but there are lots of components that people can use. Tesla electric water pumps are used for IC engine cooling even though teslas don’t have combustion. power steering components for upgrades, motors for drivelines, mechanical linkages for steering and suspension. We can definitely use these items in a way the designers never intended.
Agreed. A lot of the EV conversion companies use Tesla parts.
And they put them together with acceptable tolerances it’s wild
Too be fair many EV conversions are bespoke works of art. Price is not a major concern for the owner.
They were overpriced garbage anyhow. BYD is outputting EV’s that are ten times better at a fraction of the cost. The only reason they aren’t being sold here is a bunch of protectionist bullshit that even democrats are responsible for.
It’s only misplaced faith by a bunch of techbro traders that’s even keeping the TSLA stock aloft. Tesla management literally dumps every certificate of stock they get as bonus the second they receive it.