Analyst Trip Chowdhry suggests that Tesla's decision to discount the Cybertruck indicates a demand issue, urging the company to consider a smaller, more affordable variant.
Chowdhry proposes reducing the Cybertruck's size by 20 percent to enable a price range between $40,000 and $60,000, aligning with its initial pricing.
Despite selling strongly in 2024, Chowdhry points out that the current price points of $79,990 or $99,990 might be hindering broader consumer appeal.
Chowdhry raises concerns over the existing pre-order log, questioning why Tesla has inventory if it reportedly holds over one million Cybertruck pre-orders.
Collection
[
|
...
]