Reported 2 months ago
Tesla has ceased orders for its least expensive Cybertruck variant, the rear-wheel drive version, signaling potential demand issues as more costly models build up inventory. The cheapest available model now has a price tag of nearly $100,000. Industry analysts suggest that low conversion rates from reservations to orders, attributed to a shift in customer interest towards higher-priced options, are contributing to this inventory surplus, despite the Cybertruck's overall reasonable sales performance.
Source: YAHOO