Tesla cheerleaders will likely be skeptical, but others might put some added weight behind an analysis by high-profile investment firm Morgan Stanley
Enormous hype has surrounded the truck, which was introduced in 2019. Unconfirmed reports have circulated that Tesla has to date received 1.6 million preorders and will sell hundreds of thousands Cybertrucks annually. But the Morgan
Tesla has indicated that production will begin this summer in limited quantities, ramping up to mass production by next year, according to company chief Elon Musk. The EV was originally supposed to start at $39,900 in its single-motor configuration.
Quoting the report from InsideEVs, the Morgan Stanley researcher writes, “We feel the Cybertruck carries more value in a cultural/zeitgeist sense than in a direct economic sense. At the same time, we encourage our readers to ask themselves: how many Cybertrucks can roll