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Tesla Cybertruck inventory goes through the roof
Tesla Cybertruck is experiencing a significant increase in unsold inventory in the US and facing huge challenges in meeting initial sales expectations.
With an average selling price hovering around $78,000, this stockpile represents a big chunk of capital, potentially reaching close to $800 million worth of unsold Cybertrucks. Tesla's introduction of the rear-wheel-drive (RWD) Cybertruck variant, which now uses the same battery pack as the all-wheel-drive (AWD) version but with fewer features, could be seen as a strategic pivot. It suggests that the initial plans for offering multiple battery sizes for the RWD model were abandoned, possibly due to lower-than-expected production volumes.
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