The rumor mill has been churning with claims that Tesla's highly anticipated Cybertruck Foundation Series might be hitting the end of the road. However, Tesla Cybertruck Vehicle Program Manager Siddhant Awasthi stepped in to definitively debunk these assertions. According to Awasthi, production of the Foundation Series is far from over, thus alleviating the anxiety of EV enthusiasts and Tesla fans alike.
Speculation about the demise of the Cybertruck Foundation Series surfaced when EV enthusiast Kevin Melnuk posted on social media platform X. Citing unnamed Tesla employees, Melnuk claimed that customers were rejecting the Foundation Series due to its steep price. This sparked another claim from Melnuk that the Cybertruck
is suffering from a dismal 2% conversion rate, indicating that even a potential 2 million order backlog would translate into a mere 45,000 sales.
These eyebrow-raising claims stirred the pot within the EV community. Many loyal Tesla followers vocally disputed Melnuk's figures, asserting that they are still eagerly awaiting their Foundation Series invites. Some even pointed out the sheer difficulty of accurately gauging the Cybertruck's conversion rate since such data is closely held by Tesla.
Not correct..we are actively building foundation series
— Siddhant Awasthi (@siddawa) May 22, 2024
In a bid to settle the debate, the Cybertruck Vehicle Program Manager chimed in on the social media uproar, declaring that Melnuk’s assertions were unfounded. “Not correct. We are actively building Foundation Series,” Awasthi tweeted, effectively silencing the speculation.
The Tesla Cybertruck was initially launched at a price point that was unexpectedly high, but this has not deterred interest. Even Tesla’s flagship models, the Model S Plaid and Model X Plaid, were subjected to steep pricing upon their initial release. It’s worth noting that while Cybertruck prices are expected to decline over time, immediate demand for this all-electric marvel appears to remain robust.
The Cybertruck, with its bold design and innovative features like a 48V system and steer-by-wire technology, is undeniably a polarizing vehicle. Despite its impressive credentials, it continually draws mixed reactions and intense scrutiny from critics. Tesla's intentions were clear: the Cybertruck was designed to make a statement, and it has certainly succeeded in that regard.
In summary, reports of the Cybertruck Foundation Series’ demise are greatly exaggerated. With key insiders like Awasthi dismissing these rumors, it’s clear that Tesla is not only still in the game but is actively forging ahead with the Foundation Series. As always, the Cybertruck continues to captivate the public’s imagination, fueling both fervent support and fiery debate.
Got a hot tip? Reach out to us at tips@teslarati.com to keep us in the loop.
