Cybertruck dominates 2024 - but enthusiasm is waning
The Tesla Cybertruck was a complete success in 2024: With 38,965 units sold it became the best-selling electric pickup in the USA and was the fifth best-selling electric car overall. It left rival models such as the Ford F-150 Lightning, Chevrolet Silverado EV and the Rivian R1T behind them.
However, while the Cybertruck showed strong growth in its first few months, the latest figures indicate that demand is already leveling off.
Sales figures: Decline in the fourth quarter
A look at the quarterly figures shows that after a strong start, sales of the Cybertruck dropped significantly has fallen significantly:
- Q1 2024: 2,800 units sold
- Q2 2024: 8,755 units sold
- Q3 2024: 16,692 units sold
- Q4 2024: 12,991 units sold (-22% compared to Q3)
This development could indicate that the big wave of pre-ordered vehicles is coming to an end and that regular demand is weaker than expected.
What are the reasons for the decline?
Several factors could be responsible for the falling sales figures:
🔹 Pricing: The Cybertruck is not a cheap electric vehicle. While many buyers prefer more affordable long-range electric cars, the Cybertruck originally launched at over 100,000 US dollars and now costs at least 79,990 US dollars.
🔹 Niche vehicle: The futuristic design and solid construction speak only one limited target group target group. Analysts have already warned that the Cybertruck could be too specialized for the mass market.
🔹 Production problems: Reports of battery supply bottlenecks may have contributed to the fact that not all orders could be fulfilled promptly.
🔹 Tesla clears stocks: In order to keep boost sales of the "Foundation Series" Cybertrucksoffers Tesla free supercharging for life a sign that sales are not as strong as hoped.
🔹 Redistribution of employees: According to Business Insider Tesla-employees from Cybertruck production to the Model Y-manufacturingwhich could indicate a decline in demand.
What does this mean for Tesla?
Tesla had in 2024 with declining sales figures in the USA the first negative growth rate in over a decade. The weakening Cybertruck demand could indicate that the strategy of launching an extremely expensive and polarizing vehicle is not working.
Tesla However, plans for a more affordable Cybertruck variant for 2025which could potentially appeal to more buyers. Whether this new version can sustainably increase sales remains to be seen.
Conclusion: A strong start to the year, but the future remains uncertain
The Cybertruck got off to an impressive start in 2024but the quarterly figures show that demand is already waning. Whether Tesla can maintain the hype or whether the vehicle will remain a niche product remains to be seen in 2025. A more affordable model could be the key to long-term success.
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