TLDR · BIG TECH & STARTUPS
TESLA CYBERTRUCK SALES ARE DISASTROUS
Summary from the TLDR newsletter
Cybertruck sales are stalling a year into production. While Tesla claimed to have over 1 million reservations for the vehicle, it had lowered its reservation deposit to just $100 and the production version of the truck was more expensive and had less range than what Tesla originally announced. The company delivered around 40,000 Cybertrucks before opening orders beyond the reservation program. It's estimated that Tesla delivered between 9,000 and 12,000 Cybertrucks in Q4.