> What are the reasons that truck shouldn't have entered production?
It’s selling like shit. And this was before the whole Tesla vibe shift. Instead of a leading-edge $25k EV we got a truck that can’t truck and robotaxi vapourware. Meanwhile, BYD is on its game.
>>> Tesla didn't innovate, they just made a triangle.
>> The triangle actually has several innovations, it's basically a concept car
> Concept cars usually don't enter production for a reason
Those reasons, in this case, being unrelated to the technological innovations, as far as I can tell. Correct me if I'm wrong. Tesla's problem isn't a failure to innovate, it's their leadership deciding to make stupid and impractical cars.
Musk said, on a 2023 earnings call, that he expected “the Tesla Cybertruck to sell between 250,000 and 500,000 units per year” [1]. It sold fewer than 40,000 in 2024 [2]. Tesla’s sales in 2024 weren’t 100+ P/E calibre, but they also didn’t yet reflect the sort of cratering we saw at the end of ‘24 in both Tesla sales and resale values [3].
Cybertruck flopped as a product before Tesla flopped as a brand. It’s why Tesla is throttling down their production [4].
It’s selling like shit. And this was before the whole Tesla vibe shift. Instead of a leading-edge $25k EV we got a truck that can’t truck and robotaxi vapourware. Meanwhile, BYD is on its game.