Remember those million pre-orders Tesla allegedly had for the Cybertruck, according to CEO Elon Musk? It’s getting tougher and tougher for the company to explain where all of them went.
After putting around 50,000 Cybertrucks on the road, according to a recent recall filing, the company appears to be out of pre-orders and desperately looking to juice demand. Case in point: It’s now offering up to $10,000 off certain Cybertrucks it has in inventory.
Maybe this time the bullshit will be seen through, but I don’t have my hopes up. There are other forces at play keeping the stock up other than reality. It’ll be rationalized as “but robotaxis, AI, robots, etc”.