Tesla's Cybertruck sales predictions may be too optimistic

Tesla cheerleaders will likely be skeptical, but others might put some added weight behind an analysis by high-profile investment firm Morgan Stanley that markedly reduces sales estimates of Tesla’s upcoming electric Cybertruck.

Enormous hype has surrounded the truck, which was introduced in 2019. Unconfirmed reports have circulated that Tesla has to date received 1.6 million preorders and will sell hundreds of thousands Cybertrucks annually. But the Morgan Stanley report punctures that balloon, saying the pickup “will more likely be an enthusiast/cult car with far more limited volume,” around 50,000 units per year.