Oh definitely a lot of it is the hype, But it's not because it came out and it's so great - we're talking about hype over years and building on a 1 million long reservations list with a lot of cult like worship along the way.
Right now if the Cyber truck lived up to a lot of its expectations, you would be waiting for delivery for one for ages still. The electric pickup market is still very small. The Cyber truck was Elon hype and cultism. It's not like it's beating a massive market.
I think overall this will be a giant flop for Tesla. I mean it kind of is already.
I think:
1. The electric truck market was small to begin with
2. The original announcement was not what ANYONE was expecting
3. For the people who DID like it, the finished product had many changes (price, range, design alterations, etc.), which caused opinions to change
Plus:
1. The initial batch has had numerous issues (rusting, off-road fails, etc.)
2. The public reception has been pretty dismal, so you have to be willing to deal with social criticism
For me:
1. I like weird cars
2. I don't mind the public perception because I don't buy cars for social validation
3. The biggest drawbacks for me are the price & range
The early-adopter Foundation model run is transitioning out; now you can get a base AWD model with 325 miles of range for $80,000. At that price & range, I don't see the value, especially when a Model 3 gets more range with the same number of seats for half the cost, just with a smaller trunk. Tesla also pushed out the $16,000 Range Extender delivery date to 2025 & downgraded the range to 445 miles. Not quite the no-battery-backpack 500 or even 620-mile range I was hoping for!
And you’ll be waiting even longer to be able to get it.
www.theverge.com
A $39k model was obviously economically unfeasible, especially as it would have cannibalized 3 & Y sales. So just kind of a disappointing rollout overall. I still love that they went left-field in the design department, but the current iteration just isn't
quite for me yet. FWIW, everyone I know who owns one LOVES it & says everything about it just feels like the future, and that surprisingly, all of the Internet vitriol hasn't really translated out IRL; generally people think it's pretty wild & get excited to see it!