Elon Musk, in his statement during the earnings call, sought to manage expectations for the Cybertruck, saying, “It’s a great product, but financially, it will take a year to 18 months before it is a significant, positive cash flow contributor. I wish there was some way to be different, but that’s just my best guess.”
Tesla’s journey with the Cybertruck has indeed been a challenging one. Elon Musk acknowledged the difficulty associated with production techniques required for the stainless steel exterior. This material has a reputation for being challenging to scale up to mass production levels, and Musk candidly remarked, “we dug our own grave” in reference to this aspect.
