Elon Musk Says Tesla 'Dug Its Own Grave' with Cybertruck

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English - October 20, 2023 15:00 - 2 minutes - 1.96 MB - ★★★★★ - 1 rating
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Tesla’s upcoming Cybertruck will likely go down in history as one of the more bizarre production vehicles ever to make it to market. From its angular body reminiscent of Nintendo 64 graphics, to its single, absurdly long windshield wiper blade. But before the first Cybertruck rolls off the line, Tesla CEO Elon Musk is making sure to temper investors’ excitement over his company’s latest EV.

During Tesla’s earnings call this week, Musk said there will be “enormous challenges” with scaling production and reaching cash flow positivity with the Cybertruck. He estimated the Cybertruck could take up to a year and a half before it becomes a significant cash flow contributor.

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