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Tesla Explores Mid-Size Electric Pickup After Cybertruck Falls Short

With deliveries at just 10% of capacity, Tesla is considering more mainstream pickup designs.

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Tesla Cybertruck
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Tesla Cybertruck India

Overview

  • Cybertruck deliveries are on pace for fewer than 22,000 units in 2025 against initial targets of 150,000 annual sales and a production capacity of up to 500,000.
  • At roughly 10% utilization of its dedicated Austin factory, the electric truck has underperformed expectations and drawn labels of a commercial flop.
  • Analysts point to its polarizing design, premium price and build-quality issues as key factors dampening consumer interest.
  • In a recent Tesla owners and investors event, VP Lars Moravy said the company’s design studio is drawing up concepts for a more compact electric pickup.
  • The potential new model reflects a strategic shift as competition in the electric pickup market intensifies and other promised Tesla vehicles face delays.