Tesla Cybertruck inventory goes through the roof
a year ago
- #Tesla
- #Cybertruck
- #Electric Vehicles
- Tesla Cybertruck inventory in the U.S. exceeds 10,000 units, indicating a demand slowdown.
- Data shows a sharp rise in Cybertruck listings, possibly inflated by varying discounts.
- Unsold inventory, averaging $78,000 per unit, could represent nearly $800 million in capital.
- Sluggish sales, not increased production, likely caused the inventory buildup.
- Many 2024-manufactured Cybertrucks, including discontinued 'Foundation Series,' remain unsold.
- Tesla introduced a rear-wheel-drive (RWD) variant, abandoning plans for multiple battery sizes.
- Current inventory levels suggest Tesla may struggle to sell 20,000 units annually, far below initial projections.
- Analysts speculate Tesla may reduce or halt Cybertruck production due to mounting inventory.
- The Cybertruck faces regulatory bans in Europe and parts of Asia, limiting its market reach.