
Behold, the epic flop that is the Cybertruck
CNN
It might not come as a shock if you have eyes, but the Cybertruck is, officially, a flop.
It might not come as a shock if you have eyes, but the Cybertruck is, officially, a flop. Tesla is deliberately opaque about its sales numbers on specific models, so you have to squint to get a sense of just how badly the company’s dystopian dumpster on wheels is performing in the real world. But we definitely have some idea. Here’s what we know, based on Tesla’s deliveries (a proxy for sales) released this week: The EV maker delivered about 384,000 vehicles in total, world-wide, between April and June this year — a record 13.5% decline from a year earlier. Zoom in, and it gets uglier. Tesla doesn’t break out sales of the Cybertruck, one of its “premium” models that was plucked straight from CEO Elon Musk’s internet-addled brain. It discloses just two categories — the Model 3 and Y in one category and, in the second, “other models,” which is almost entirely the company’s legacy Model S sedan, the Model X SUV and the Cybertruck.

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years.

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family trust.











