Is Cybertruck demand dwindling?

[NotMyTruck]

more posts about posts. This is good.

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[MInnesooooooota]

One of the biggest problem with the CT is that it is just too cool. It attracts TOO much attention. Most people do not want attention.

I was high on the list but didn't pull the trigger because my wife would stress to hell - even as a passenger.

And a lot of people thought the 40 or 60K price was fine for an 'experimental' vehicle. But now 80 is the minimum so people are not going to pull the trigger.

Elon will discount the hell out of them to sell them. Just wait.

 

[kappaknight]

Piling up for their delivery to customers. Let's not forget that Tesla ideally wants about 2 weeks from order to delivery. I'd say at present build rate suits orders well.

I used to believe, but not as sure anymore. I was in Duluth yesterday and happened to be by the Tesla Service Center just off of I-85. While driving behind the service center to get back onto the highway, we saw a trailer pull in additional CT's to park them in the huge lot of the mall. I then stumbled upon this parking deck they had built to house the Teslas. On the first floor must've been 40+ CT's parked in tight formation, many looked really dusty like they've been there for a minute.

If all those CT's were on the road, I would definitely be seeing more of them every time I was up in that area.

Like I said earlier, I'm really glad I got mine, and it's not getting as much attention on the road any more. I wouldn't mind if more people picked these up... maybe Tesla will hire more service reps to service these so I don't have to wait over a month for an appointment.

 

[tingmo13]

this Cybertruck doom gloom questions have been asked dozen times. If you have bought T$LA when the first DoomGloom question popped up-by now you could be SO HAPPY.
I just want a smaller/mid size Cybertruck and waiting is more interesting as my T$LA is sprouting every minute fellas!

 

[CyberGus]

I'd like to point out there was no "demand" for the FS Cybertrucks, at least not in the traditional sense of "supply and demand". It was by invitation-only, for those that had previously expressed interest. And the supply was highly constrained in the initial ramp.

It's difficult to gauge actual changes in the demand side, when ordering was only just recently opened to the general public, along with the non-FS price drop and other incentives.

 

[igs]

One of the biggest problem with the CT is that it is just too cool. It attracts TOO much attention. Most people do not want attention.

I was high on the list but didn't pull the trigger because my wife would stress to hell - even as a passenger.

And a lot of people thought the 40 or 60K price was fine for an 'experimental' vehicle. But now 80 is the minimum so people are not going to pull the trigger.

Elon will discount the hell out of them to sell them. Just wait.

If you cant afford it just say you can't afford it ?‍

 

[Hunky Dory]

Oh look. Another "They have sold the last cybertruck anyone will ever buy" thread. I have lost track of how many of these threads there have been. I personally have bought my last one for about 7+ years based on warranty or whenever the VTOL version is released. Yes the price will come down. The marketing and engineering teams are on it. There will be two wheel drives. Supply chain and manufacturing processes will be streamlined. Pretty soon they will be giving them away in crackerjack boxes.

 

[YDR37]

It appears that new CT orders are now fulfilled quickly, and that Tesla is now offering CT leases. Maybe it is also true that CT inventories are growing.

But even if all those things are true, it doesn't necessarily mean that CT demand is "dwindling". It would actually suggest that CT supply is greater than CT demand. Consumer demand for CTs could be holding steady, or even rising -- but if Tesla is producing CTs at an even faster rate, then we could still see signs of a surplus.

It was recently reported that the Tesla Gigafactory is producing CTs at a rate of about 2,000 per week. That would be like 100,000 per year, or 25,000 per quarter.

For comparison, estimated CT sales in 3Q 2024 were only 16,692. So it does seem like there is a potential supply/demand mismatch here.

Ford recently halted Lightning production because production was outpacing demand. It wouldn't be shocking if Tesla reduced CT production for similar reasons. CT demand may or may not be "dwindling", but either way it may be lower than Tesla's CT production rate.

 

[Bill W.]

Relax, folks. Since I picked mine up last week, the countdown clock for a price reduction has started ticking. Pricing cuts will come, some based on production efficiencies and some possibly based on a RWD version being available.

This happened after I bought my Model-3, and again after I bought my Model-X.

Meanwhile, I'm enjoying the Cybertruck very much!

 

[Zane Edwards]

https://www.benzinga.com/startups/2...ays-thats-not-a-good-thing-for-the-ev-company

Selfishly I hope this gives Tesla some bandwidth to get CT parts out, I have been waiting on a dash trim for a week.

 

[HaulingAss]

https://www.benzinga.com/startups/2...ays-thats-not-a-good-thing-for-the-ev-company

Never use Benzinga as a news source.

There's plenty of demand for Cybertrucks, the problem is getting them all delivered to the right places at the right times. Legacy truck dealerships have huge big parking lots full of brand-new trucks in every county of the nation and no one raises an eyebrow. You can just walk in and buy one right off the lot. That's how it's always been.

Benzinga is trying to create a false narrative. I bet people trying to buy a Cybertruck in early December will have to wait until 2025 to actually take delivery, unless they are in a lucky location with a small surplus of Cybertrucks (or someone cancels their order).

 

[HaulingAss]

Relax, folks. Since I picked mine up last week, the countdown clock for a price reduction has started ticking. Pricing cuts will come, some based on production efficiencies and some possibly based on a RWD version being available.

This happened after I bought my Model-3, and again after I bought my Model-X.

Meanwhile, I'm enjoying the Cybertruck very much!

There is no "countdown clock". Tesla adjusts prices to meet demand. Demand naturally fluctuates based on the economy, interests rates, consumer confidence, even the weather, at least for legacy auto where you do your shopping in big, uncovered parking lots. I'm not sure how the weather affects demand for Tesla's vehicles.

In general, we can expect the Cybertruck to very slowly become cheaper over time, but that is subject to raw material pricing and vehicle demand. I suspect demand for the Cybertruck is actually on an upturn, with the election results Elon wanted for the economy, and the fact that people are learning just what a great product the Cybertruck is, once they get past the futuristic styling. That takes time to sink in, and not everyone is an early adopter.

It's not out of the question for wait times to increase to over a month from the time of ordering. Some people are already waiting that long. The Benzinga article is just misdirection by those who hate Elon.

 

[HaulingAss]

Selfishly I hope this gives Tesla some bandwidth to get CT parts out, I have been waiting on a dash trim for a week.

A whole week? I've waited over a month for parts from legacy auto!

 

[HaulingAss]

I think that the tax credit being unconfirmed for personal buyers of the AWD is holding things up. If you're in the market for an $80k truck, I don't think not getting the tax credit is going to dissuade many from buying - however, I'd certainly wait to at least know if I am getting it or not before pulling the trigger.

We already know the imported cathodes of 4860 cells make them ineligible this year and sourcing of the other battery ingredients will make them ineligible for 2025. And Trump will likely follow Elon's advice and eliminate EV subsidies altogether anyway.

We are over the EV early adopter stage and you don't need a big brain to know the chances of getting the $7500 personal tax credit on a Cybertruck (ever) is exceedingly low. Not high enough to change the timing of your buying.

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