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palmotea 4 hours ago

> Why would cybertruck be cancelled?

IIRC, the fully-electric F150 Lighting was canceled due to poor sales, and its sales were better than the Cybertruck's.

WillPostForFood 3 hours ago | parent [-]

It isn't just about sales, it is about margin. F150 Lightning was losing money on each unit produced - they cost about 40% more to product than they sold for. Cybertruck has a positive gross margin, so even though sales are terrible, they don't have have a pressing financial need to cancel it.

malshe 3 hours ago | parent [-]

Tesla doesn't disclose the gross margin on Cybertruck. They may say it is positive but if nobody knows what constituted those gross margins or what they amounted to, it's pretty much meaningless.

klaff 30 minutes ago | parent [-]

Hard to imagine it being profitable given the very low utilization of the production line and associated tooling.