Tesla Starts Taking Cybertruck Reservations In China

Tesla Starts Taking Cybertruck Reservations In China

Tyler Durden

Sat, 07/04/2020 – 12:00

“The narrative is the product. They don’t make money selling cars,” Jim Chanos said about Tesla on Twitter Friday.

It’s a line that makes sense at almost every turn that Tesla makes as a company: constantly announcing and taking reservations for new products, while hurriedly trying to produce the model du jour (now the Model Y), which seems to fall apart almost as quickly as it rolls of the production line, according to a collection of recent reviews.

But that hasn’t stopped Tesla from opening up reservations for the Cybertruck in China. It’s yet another cash grab that will materialize in actual vehicles at a point in time that nobody seems to know yet.