Comment by snowwrestler
1 day ago
I think Tesla looked at what is selling in the U.S. market and pivoted to the Cybertruck. Small, cheap sedans and wagons just don’t sell that well at retail anymore—in part because people don’t like them, in part because of safety concerns, and in part because there is a huge backlog of cheap used vehicles.
I think the Cybertruck is a prestige project, like the Roadster. It will never compete with the F-150 in the US in its current form, it won't work in the global market either, and probably won't ever be material to Tesla's financial results unless it gets a complete redesign to make it cheaper and less ostentatious.