Is the Cyber Truck a Flop?

[tradosaurus]

Tesla, Elon Musk's electric car company, has always been on the innovative edge of car technology. The Cybertruck pushed that boundary, offering the power and utility of a truck in an EV form. Despite being an exciting idea, it hasn't had the best reception, with multiple recalls and a negative overall public perception which has made the Cybertruck plummet in value. Still, it can't be argued that it introduced something different to the automobile world. Now, though, there's a new EV truck entering the ring.

TELO specializes in electric trucks, with its first model going by the name TELO MT1. It boasts an impressive range, great capability, and a practical size for urban environments. It also has a reasonable price at $41,520, compared to the Cybertruck's cost of $72,235.

What makes TELO stand out is that it has the backing of Marc Tarpenning. Tarpenning is the original co-founder of Tesla, though he is now a Venture Partner at Spero Ventures. Spero Ventures' focus is on supporting companies that are innovating products and services for a sustainable and better future for the planet, and one such company is, of course, TELO. That makes TELO's new EV truck an exciting prospect.

I keep hearing this statement about the CT. Good luck finding a used CT under $60k.

 

[tradosaurus]

A lot of people want a 'one size fits all' vehicle which I'm thinking is why crew cab large pickups are so popular, a 4dr family sedan+truck, but just like I have a variety of tools I bet there would be a market for a small inexpensive truck.
I see a lot of Mitsubishi minicab trucks around here. They're inexpensive, economical, tilt bed (imagine unloading gravel, wood, dirt, hay...anything with a tilt bed). For getting supplies or working around the farm they have a purpose.
An electric similar with 150-200 mile range could be very useful especially if not expensive. View attachment 4182964

We have these where I work. All manual transmission. If your trip is less than 20 miles they would be OK. Not a comfortable vehicle and I don't believe the MPG is that great either.

 

[tradosaurus]

The people making the cyber truck never used a pickup as a pickup, so they built the wrong vehicle for this demographic.

You mean like the majority of pickup owners?

 

[ruffdog]

It sure looks like Elon is buying up a lot of extra inventory for his other private companies.

....hundreds of them. Real sales of the CT has flat-lined.........


And the real picture could look even worse without some creative insider efforts to hide the company’s abysmal Cybertruck sales: Musk has started selling unsold Cybertruck inventory to his own companies, as Electrek reports; SpaceX has taken delivery of hundreds of the trucks and is expected to receive thousands more. Carriers were also seen delivering trucks to Musk’s AI startup xAI’s offices.

It’s an embarrassing admission that what was once Musk’s most beloved pet project has turned into a disaster.

Elon Musk Is Making Cybertruck Sales Look Better by Selling a Huge Number to Himself

 

[EscapedSuburbia]

I remember years ago when the RAM was restyled to make the front look like a semi. I hated it, but over the years it's grown on me. I don't think the Cybertruck is ever going to grow on me. It looks like something my 2 year old grandson would draw.

 

[KennyG]

Tesla is the public face for Musk and it's fun to watch all the haters jump on Tesla sales figures, but that's just a distraction. He has now put 10,000 Starlink satellites in space and successfully launched 132 rockets this year. Add to that the Boring Company, Neuralink, and the robotics work and electric cars are just footnote.

 

[NoTrespassing]

Tesla is the public face for Musk and it's fun to watch all the haters jump on Tesla sales figures, but that's just a distraction. He has now put 10,000 Starlink satellites in space and successfully launched 132 rockets this year. Add to that the Boring Company, Neuralink, and the robotics work and electric cars are just footnote.

I'm far from a Musk hater, actually I'm the opposite. We have Starlink as our home internet. But, the Cyber Truck IS a flop.

 

[jmc]

....hundreds of them. Real sales of the CT has flat-lined.........


And the real picture could look even worse without some creative insider efforts to hide the company’s abysmal Cybertruck sales: Musk has started selling unsold Cybertruck inventory to his own companies, as Electrek reports; SpaceX has taken delivery of hundreds of the trucks and is expected to receive thousands more. Carriers were also seen delivering trucks to Musk’s AI startup xAI’s offices.

It’s an embarrassing admission that what was once Musk’s most beloved pet project has turned into a disaster.

Elon Musk Is Making Cybertruck Sales Look Better by Selling a Huge Number to Himself

 

[jmc]

Looking back, I think Musk's public demonstration of the CT's unbreakable windows was an omen.

 

[ruffdog]

Looking back, I think Musk's public demonstration of the CT's unbreakable windows was an omen.

That demonstration sure didn't make me want to buy one.