ALBAWABA – Tesla, the American multinational automotive and clean energy company, is currently struggling with 10,000 unsold Cybertrucks. The company may be facing an uncertain future as a result.
Tesla’s unsold Cybertrucks
The company currently has 10,000 unsold Cybertrucks, the battery-electric full-size pickup truck manufactured by Tesla. As a result, the future of the well-known company may be uncertain for the time being. Notably, Tesla had previously planned to produce around 250,000 units annually, but those plans have been disrupted due to the large number of unsold Cybertrucks currently available.
According to experts, the well-known brand once had millions of devoted fans. However, several factors have contributed to a decline in public support, including the actions of Tesla CEO Elon Musk before and after the US presidential elections involving Donald Trump, his reported support for Germany’s right-wing AfD party, and his controversial involvement with the cryptocurrency Dogecoin (DOGE).
The company is now struggling with 10,000 unsold Cybertrucks, worth nearly $800 million, and experts anticipate that Tesla may be heading toward a major downturn. (Shutterstock)
As a result, Tesla's shares, revenue, and overall market position have recently seen a significant decline in global markets. The company is now struggling with 10,000 unsold Cybertrucks, worth nearly $800 million, and experts anticipate that Tesla may be heading toward a major downturn.
Countries outside the United States have also recorded a major decline in Tesla sales — including a 75% drop in the Netherlands, 62% in the United Kingdom (UK), and 6% in China.
