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Two million reservations have dried up and you can now get a Cybertruck in about a week.
As recently as a year ago, Tesla (TSLA 0.15%) was expecting to sell over 200,000 vehicles annually in 2025. It doesn't look like the company has the demand to do that as indicated by the 2 million reservation holders failing to book their Cybertrucks. Travis Hoium shows why this will show up in margins as early as this year.
*Stock prices used were end-of-day prices of Oct. 21, 2024. The video was published on Oct. 21, 2024.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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