The Damage Report
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Elon Musk Does NOT Want You To Know About This Tesla Disaster
Posted
April 5, 2025
Views
247,664
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9,828
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April 5, 2025
247,664
9,828
1,810
4.70%
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9:55Now PlayingElon Musk does not want anybody to know about his company's disastrous downfall over his Tesla projections for cybertruck sales falling under 50% of what he claimed they would sell as he wrecks the brand, changes the sale price and faces a mass recall for faulty paneling, causing sales to stall further. John Iadarola and Jackson White break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
‘Over 1 Million’ People Wanted a Cybertruck. Where Are They?
"One of the staggering things the latest Cybertruck recall has revealed—other than Tesla’s use of the wrong glue—is that Elon Musk’s company appears to have sold 46,096 of these 7,000-pound electric pickups since customer deliveries began a little over 14 months ago. This is far fewer sales than Musk predicted for the Cybertruck just weeks before the rollout; he told investors that Tesla would soon sell 250,000 Cybertrucks per year.
On an earnings call a month before the November 2023 launch of the production vehicle, Musk boasted that Tesla had bagged “over 1 million” Cybertruck reservations and that “demand is off the charts.”
“Reservationists” initially paid $100 to join the queue, a refundable deposit later raised to $250. Car companies often open wait lists for models expected to outstrip supply, but most auto executives don’t expect that all of those who lodge deposits will follow through."
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250401__DR08Tesla
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