Tesla Cybertruck Deliveries Reportedly Halted
Tesla (TSLA) has halted Cybertruck deliveries, according to social media chatter, possibly to address a problem with the accelerator pedal.
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In recent days, forums dedicated to the Tesla Cybertruck had several posters saying their upcoming deliveries were delayed or cancelled.
Others had complained about the accelerator pedal getting stuck.
Tesla does not have a media relations department, and often doesn’t disclose key news to the public.
However, on Saturday, noted Tesla influencer @wholemarsblog wrote on Elon Musk’s X that “Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal.”
Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal
— Whole Mars Catalog (Supervised) (@WholeMarsBlog) April 13, 2024
A relatively high number of initial Cybertrucks delivered have broken down and required service, sometimes after just a handful of miles.
Late Friday, Tesla cut the subscription price of Supervised Full Self-Driving to $99 a month from $199. At that lower rate, it would take 10 years to reach the current $12,000 price tag for buying FSD.
Shares fell 2% to 171.05 in Friday’s stock market trading. TSLA stock gained 3.7% for the week, buoyed by Musk’s promise of a robotaxi unveiling on Aug. 8.
Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.
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