Tesla Cybertruck Retail Registrations Drop 51% After SpaceX Buys 18%
SpaceX accounted for 1,279 of 7,071 Cybertrucks registered in the US during Q4, representing more than 18% of total registrations, with other Musk-linked entities buying another 60 units. Excluding these purchases, implied independent registrations fell to 5,732 units, a 51% drop from reported figures.
1. Sales Breakdown
SpaceX purchased 1,279 Cybertrucks in Q4, representing over 18% of the 7,071 units registered in the US, and other Musk-affiliated entities acquired 60 more, collectively worth over $100 million.
2. Implications for Retail Demand
Removing these internal transactions yields approximately 5,732 retail registrations, marking a 51% decline compared with headline figures and underscoring a rapid cooling of independent consumer demand.
3. Investor and Earnings Outlook
Tesla reports quarterly earnings on April 22, where analysts are expected to question Cybertruck demand trends and assess potential impacts on production guidance and revenue forecasts.