Edsel Echoes as Cybertruck Falls Short, Tesla Shares Slide
Tesla’s Cybertruck, once projected to reach 250,000 units annually, delivered far less than that target (roughly one‑sixth of the projection with about 38,965 units in 2024 and 20,237 in 2025; 2026 deliveries remain weak). Q2 earnings missed estimates (EPS $0.33 vs ~$0.54–$0.54), and free cash flow swung negative to about $1.09B, contributing to a roughly 18% stock drop in a week and an 11‑month low. Despite overall vehicle deliveries reaching a record, the Cybertruck’s poor performance has reignited Edsel‑style flop comparisons as investors reassess its role in Tesla’s growth story.