{"id":247139,"date":"2023-12-02T14:48:52","date_gmt":"2023-12-02T14:48:52","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=247139"},"modified":"2023-12-02T14:48:52","modified_gmt":"2023-12-02T14:48:52","slug":"the-tesla-cybertruck-is-elon-musks-vanity-project-and-style-statement-expert","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/electric-cars\/the-tesla-cybertruck-is-elon-musks-vanity-project-and-style-statement-expert\/","title":{"rendered":"The Tesla Cybertruck Is Elon Musk\u2019s Vanity Project And Style Statement: Expert"},"content":{"rendered":"

Algorithms have probably fed you a barrage of Tesla Cybertruck updates on social media over the past 24 hours. Now that the boisterous delivery event is over, and the internet storm somewhat subsided, we have room to zero in on some lingering questions. How exactly does the Cybertruck compare to the traditional trucks? Does it deserve mainstream truck buyers\u2019 attention? Will it accrue volumes overseas? InsideEVs<\/em> spoke to two industry veterans for insights.<\/p>\n

Tesla reiterated the utilitarian aspects of the Cybertruck at the delivery event, but it could have limitations in that area, said Ed Kim, the president and chief analyst of automotive research and product-consulting firm Auto Pacific. \u201cPickup trucks, even those bought by purely recreational customers who don\u2019t use them for truck things, are about function first.\u201d Kim believes the Cybertruck\u2019s practical aspects come second to the appearance and hype around it. \u201cThe very appeal of a pickup is its utility. The Cybertruck is a style and image statement first and foremost,\u201d he added.<\/p>\n

\n

Its high bed rails make access to the bed difficult. The windshield angle will make it more difficult for vocational users with a full complement of gear attached to them to get in and out of the Cybertruck easily.<\/p>\n<\/blockquote>\n

CEO Elon Musk previously estimated that Tesla would produce between 250,000 and 500,000 Cybertrucks annually when the plant runs at full capacity. That\u2019s unlikely to happen anytime soon. \u201cIts niche design and steep price tag, mean that it is not, at least right now, a high-volume product,\u201d said Jessica Caldwell, the head of insights at Edmunds. It might only appeal to a small portion of the market that loves it, and an exclusive customer base that can afford it. \u201cTrucks generally transact in the $60,000 region, and that version is unavailable till 2025. What they showed is probably closer to the GMC Hummer EV than something mainstream,\u201d Caldwell added.<\/p>\n

Kim felt the same. Despite garnering an estimated two million plus reservations, the Cybertruck could have a finite audience, he said. Once the fanboys and \u201cattention seekers\u201d get their hands on it, its popularity could wane. That could be an antithesis to the Model 3 and Model Y which continue to sell like hotcakes globally. The latter might become the 2023’s best-selling car of all categories this year, and potentially the first EV to claim that revered title\u2014but that’s just an estimation until we see the final sales numbers. \u201cOnce that audience has gotten their Cybertrucks, will a more mainstream audience line up behind them? My gut says no because its design priorities aren\u2019t focused on how truck customers use their trucks,\u201d Kim said.<\/p>\n

\n

The Cybertruck seems more like a vanity project for Elon Musk than a strategic product developed to continue Tesla\u2019s stratospheric growth in recent years. This is particularly problematic in that the Cybertruck will have a limited audience outside of North America, unlike the brand\u2019s other products which are very globally relevant.<\/p>\n<\/blockquote>\n

On the pricing front, Tesla said in 2019 that the Cybertruck would start at $39,000, and top out at just under $70,000. But a lot has changed since\u2014a pandemic, wars impacting global supply chains, and rising inflation are among several other anchors dragging the world economy. Now the base rear-wheel-drive Cybertruck (due in 2025) starts at $60,990, the all-wheel-drive version is priced at $79,990, while the Cyberbeast variant begins at nearly $100,000 before options. \u201cThe [initial] price point seemed suspect even before the pandemic-induced supply crunch era,\u201d said Kim. \u201cThat\u2019s unsurprising considering its presumably costly and unconventional stainless steel construction.\u201d<\/p>\n

But you don\u2019t have to buy this ultimate hype machine. For the same amount of money, there are some great pure electric, hybrid, and gas options out there\u2014models that don\u2019t have a five-year waiting period, and ones that you can actually get your hands on before your hair turns grey. It might turn fewer heads out on the streets, and it might not beat a Porsche 911 in a drag race, but it will likely get the job done.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Algorithms have probably fed you a barrage of Tesla Cybertruck updates on social media over the past 24 hours. 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