Tesla unveils 'most affordable' Cybertruck yet
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Tesla Inc. TSLA has unveiled a new affordable trim level of the Cybertruck, but investor Gary Black of the Future Fund LLC thinks the move wouldn't translate to a major sales boost for the automaker.
Tesla sold only 20,000 Cybertrucks in the US in 2025, almost half the amount sold in 2024 and way down on the 250,000 annual target. In a bid to broaden its customer base, Tesla has introduced new entry-level versions of the Model 3 and Model Y – both of which can be had on the Auto Express Buy A Car service now.
A supplier to Tesla Inc. ended up providing a tiny fraction of battery material the carmaker ordered almost three years ago, in part due to issues with the Cybertruck, according to a person familiar with the matter. South Korea’s L&F Co. disclosed Monday ...