Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Turmeric Is All the Rage. so Why Can’t Indian Farmers Cash in?

Turmeric Is All the Rage. so Why Can’t Indian Farmers Cash in?

August 1, 2025
Guide To Virgin Red | Bankrate

Guide To Virgin Red | Bankrate

August 1, 2025
Pilgrim’s Jake Adler Secures .3 Million by Demoing Biotech Product With a Bold Video

Pilgrim’s Jake Adler Secures $4.3 Million by Demoing Biotech Product With a Bold Video

August 1, 2025
Why Living in Space Is Almost Impossible

Why Living in Space Is Almost Impossible

August 1, 2025
How Much Is Title Insurance, And Why Do You Need It?

How Much Is Title Insurance, And Why Do You Need It?

August 1, 2025
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
August 1, 2025 11:33 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » Tesla Discussed Building a Smaller Cybertruck, Engineering VP Says
Tesla Discussed Building a Smaller Cybertruck, Engineering VP Says
Finance

Tesla Discussed Building a Smaller Cybertruck, Engineering VP Says

News RoomBy News RoomJuly 28, 20250 ViewsNo Comments

Elon Musk’s “apocalypse-proof” Cybertruck has been a major disappointment, but it could be about to get a smaller sibling.

Lars Moravy, Tesla’s engineering VP, said in an interview on Saturday that the EV giant is considering making a smaller pickup truck, as sales of the beefy science-fiction-inspired Cybertruck continue to struggle.

“We always talked about making a smaller pickup,” said Moravy, in response to a question about whether Tesla needed a mini version of the Cybertruck for international markets.

“I think in the future, as more and more of the robotaxi comes into the world, we look at those options and we think about, OK, that kind of service is useful not just for people, but also for goods,” Moravy, who was speaking at an event hosted by Tesla owners and investors in California, added.

“We’ve definitely been churning in the design studio about what we might do to serve that need for sure.”

Tesla did not immediately respond to a request for comment on Moravy’s interview, which was sent outside regular US working hours.

The Cybertruck was launched with a huge fanfare in 2023, with Tesla CEO Elon Musk predicting the automaker could sell over 250,000 of the “apocalypse-proof” trucks a year.

Related stories

Business Insider tells the innovative stories you want to know

Business Insider tells the innovative stories you want to know

However, those stratospheric sales have failed to materialize. Tesla has shifted around 11,000 Cybertrucks in the US so far this year, after selling nearly 39,000 over the whole of 2024, per data from Cox Automotive.

The futuristic pickup launched in the US with a price tag close to $100,000, far above the $39,900 Elon Musk suggested back in 2019. The cheapest version now starts at over $60,000.

The Cybertruck is also not available in China and Europe, Tesla’s biggest markets outside the US. Both markets have strict vehicle regulations that make selling big and bulky pickups like the Cybertruck — which weighs over 6,000kg — extremely difficult.

One of the first Cybertrucks to appear in the UK was seized by police earlier this year for not being road-legal, while another that was registered in the European Union had to be modified to soften the trapezoid truck’s notoriously sharp edges.

Tesla has expanded Cybertruck sales to Canada and Mexico, and in April announced it would begin selling the pickup in Saudi Arabia, the UAE and Qatar.

The Cybertruck’s slow sales and slower international expansion suggest it will be little help in turning around Tesla’s sales slump. The EV giant said earlier this month that second-quarter sales had fallen 13.5%, its second year-over-year decline in a row.



Read the full article here

building Cybertruck discussed engineering smaller Tesla
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Pilgrim’s Jake Adler Secures .3 Million by Demoing Biotech Product With a Bold Video

Pilgrim’s Jake Adler Secures $4.3 Million by Demoing Biotech Product With a Bold Video

American Living in Mexico Won’t Move Back to the US Despite Drawbacks

American Living in Mexico Won’t Move Back to the US Despite Drawbacks

The Best Movies to Stream on Netflix in August

The Best Movies to Stream on Netflix in August

Here’s How Much Big Tech Companies Raised Capex This Quarter

Here’s How Much Big Tech Companies Raised Capex This Quarter

I Left NYC for Miami After a Breakup and Moved Back in With My Mom

I Left NYC for Miami After a Breakup and Moved Back in With My Mom

Trump Says He Plans to Fire Bureau of Labor Statistics Commissioner

Trump Says He Plans to Fire Bureau of Labor Statistics Commissioner

Sharon Stone on Her Best Movie Roles: ‘Basic Instinct,’ ‘Casino,’ and More

Sharon Stone on Her Best Movie Roles: ‘Basic Instinct,’ ‘Casino,’ and More

Tesla Found Partly to Blame in Trial Over Deadly Autopilot Crash

Tesla Found Partly to Blame in Trial Over Deadly Autopilot Crash

OpenAI Chairman Says CS Degrees Are Still Valuable

OpenAI Chairman Says CS Degrees Are Still Valuable

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Guide To Virgin Red | Bankrate

Guide To Virgin Red | Bankrate

August 1, 2025
Pilgrim’s Jake Adler Secures .3 Million by Demoing Biotech Product With a Bold Video

Pilgrim’s Jake Adler Secures $4.3 Million by Demoing Biotech Product With a Bold Video

August 1, 2025
Why Living in Space Is Almost Impossible

Why Living in Space Is Almost Impossible

August 1, 2025
How Much Is Title Insurance, And Why Do You Need It?

How Much Is Title Insurance, And Why Do You Need It?

August 1, 2025
American Living in Mexico Won’t Move Back to the US Despite Drawbacks

American Living in Mexico Won’t Move Back to the US Despite Drawbacks

August 1, 2025

Latest News

American Eagle Responds to Sydney Sweeney Jeans Ad Controversy

American Eagle Responds to Sydney Sweeney Jeans Ad Controversy

August 1, 2025
American Express Green Card vs. Amex Gold

American Express Green Card vs. Amex Gold

August 1, 2025
The Best Movies to Stream on Netflix in August

The Best Movies to Stream on Netflix in August

August 1, 2025

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2025 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.