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From: Julius Wong10/19/2023 7:22:54 AM
   of 2787
 
Elon Musk: 'we dug our own grave' with Cybertruck; Tesla slumps premarket

"I mean, we dug our own grave with Cybertruck," Musk said. "Cybertruck’s one of those special products that comes along only once in a long while. And special products that come along once in a long while are just incredibly difficult to bring to market, to reach volume, to be prosperous."

"I do want to emphasize that there will be enormous challenges in reaching volume production with the Cybertruck, and then in making a Cybertruck cash flow positive," he said.

"So, I just want to emphasize that while I think this is potentially our best product ever and I think it is our best product ever, it is going to ... require immense work to reach volume production and be cash flow positive at a price that people can afford."

seekingalpha.com
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