Overview
- The Cybertruck, initially marketed as a revolutionary EV, is now widely criticized for reliability concerns, manufacturing defects, and safety issues.
- Tesla has stopped reporting Cybertruck sales, with record-high inventory and steep depreciation signaling weak demand despite its status as the top-selling EV pickup.
- Elon Musk’s political alignment with Donald Trump has further polarized public perception of the Cybertruck’s design and marketing strategy.
- Investor Ross Gerber has called for Musk to step down as Tesla CEO, citing corporate governance and operational failures, including the collapse of the DOGE cost-cutting initiative.
- Tesla’s board chair sold $198 million in stock as the company faces declining profits and increasing pressure from investors.