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Tesla Cybertruck Headed For A Sales Crash In 2025? Analyst Sounds The Alarm, Predicts Elon Musk-led EV Giant Will Move Less Than A Third Of Street Estimates

Tesla Inc. (NASDAQ:TSLA) researcher Troy Teslike expects the EV giant to sell just 21,000 Cybertrucks in 2025, lower than the sales of the stainless steel truck in 2024.

What Happened: “Wall Street analysts estimate 65,000 Cybertruck sales in 2025, but I expect 21,000 units,” Teslike said in a post on social media platform X, formerly Twitter.

Teslike, who tracks the EV giant’s delivery numbers, pegs Cybertruck deliveries for 2024 at 34,426 units. This, however, includes customers who had pre-ordered the vehicle and had been awaiting it since the vehicle was unveiled in November 2019, Teslike noted.

“The order backlog is gone. Tesla ended 2024 with 10,600 unsold Cybertrucks because of too much production and low demand,” the researcher said while also dismissing the possibility of a cheaper Cybertruck variant launch this year.

“A cheaper Cybertruck this year is unlikely because the ...

Full story available on Benzinga.com

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