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Tesla Reportedly Scales Back Cybertruck Production, Shifts Workers As Sales Plummet: 'The Parking Lot Keeps Getting Emptier' - Tesla (NASDAQ:TSLA)

1. Tesla scaled back Cybertruck production due to falling sales. 2. Q1 2025 sales down 50%, only 6,406 Cybertrucks sold. 3. Company reassigned workers to Model Y from Cybertruck line. 4. Cybertruck considered a significant automotive flop; recovery unlikely. 5. Tesla faces inventory issues with 2,400 unsold Cybertrucks.

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FAQ

Why Very Bearish?

The substantial decline in sales and production suggests weakening demand, a bearish outlook akin to other automotive failures like the Ford Edsel.

How important is it?

Severe production cuts and declining sales data indicate significant challenges for Tesla and investor sentiment will likely shift negatively.

Why Short Term?

Immediate effects on stock price are likely due to urgent reductions in production and potential investor reactions to declining sales metrics.

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