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It’s Looking Like the Cybertruck Is the Biggest Flop in Automotive History (finance.yahoo.com)
submitted 2 months ago by to c/technology@lemmy.world
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[–] 2 points 2 months ago (16 children)

Can't be the worst flop. The Cybertruck outsold the Ioniq 6 by roughly a 2:1 margin in the US. Both were introduced around the same time, and it sounds like Hyundai already pulled the 6 from the US market. But while the Cybertruck was a certified piece of crap, the Ioniq 6 was consistently rated at the top of available EV on the market. I guess sedans are pretty much DOA as a body style these days though.

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  • [–] 20 points 2 months ago (1 child)

    That's a US-only perspective. The Ioniq 6 sold quite well in the EU while the the CT is US-only because of..well..it being what it is

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  • [–] -4 points 2 months ago

    While that may be true, I can't imagine any American article considering a perspective outside of the US. CT is available in Canada as well, and at least anecdotally, I see them just a little less often than Ioniq 6s. I bought a 6 a couple years ago and love it. Interestingly, I did not find the 5 as appealing, though it too had good bona fides as an EV.

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  • [–] 18 points 2 months ago (5 children)

    Oh wait, did you forget that the Cybertrucks's #1 customer was SpaceX? Also, you are just plain wrong. Hyundai sold approximately 37,000 Ioniq 6's in just the US.

    Tesla sold 20,237 Cybertrucks, but SpaceX bought exactly 1,279 of them. So the actual number would be 18,958.

    18,958 is not 2x greater than 37,000.

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  • [–] 1 point 2 months ago (4 children)

    Are you confusing Ioniq 5 with the 6? I doubt Hyundai sold 37,000 Ioniq 6s in the US throughout its entire production run, but Tesla sold 38,965 CTs in 2024 alone, and a little over 20K in 2025. I have seen this number on other sites as well. Hyundai reported percentage decline for the Ioniq 6, but I saw sliding numbers from 2023 to 2024 where they sold about 9000 cars per year down to only about 1200 in total for 2026 before they pulled out. The Ioniq 5 sells over 30K cars per year.

    https://www.cbsnews.com/news/tesla-cybertruck-sales-elon-musk/

    https://evseekers.com/hyundai-ev-sales-by-year/

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  • [–] 2 points 2 months ago (3 children)

    https://en.wikipedia.org/wiki/Hyundai_Ioniq_6#Sales

    They sold roughly 36,000 in just the US. They sold over 96,000 worldwide through the end of 2024.

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  • [–] 1 point 2 months ago (2 children)

    And? The CT sold more than that in 2024 alone. I am confused as to what point you are trying to make here.

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  • [–] 1 point 2 months ago (1 child)

    You: I doubt Hyundai sold 37,000 Ioniq 6s in the US throughout its entire production run.

    Me: They sold a bit more than 36,000 in just the US.

    You: I don't know what your point is.

    You questioned a fact another person said, and now you are confused when someone links you the data to show the fact?

    Also, the Ioniq 6 has sold around 96k worldwide. According to your numbers, Cybertruck has sold around 58k + 2026 sales (around 9k). While I can't find stated sales goals for the Ioniq 6, Elon was talking about selling 250k Cybertrucks per year. Elon talked about building a manufacturing throughput of 2500 cars per week (125,000/year) and currently achieving 1300 cars per week (65k/year). Tesla bought roughly 2 percent of all Cybertrucks purchased.

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  • [–] 1 point 2 months ago

    I see. That person refuted the claim that the CT was outselling the Ioniq 6 as I claimed. But from every source I see, CT sold about 70K and Ioniq 6 about half that, hence my original post claiming such. He may be confused and was pulling annual US sales numbers about the Ioniq 5, which sells about 30-35K models per year. But as per my original post and the article, this is about car sales in the US only and defines US market flops in terms of sales numbers, with no other metric considered. The Ioniq 6 was outsold by the CT and had more time on the market, which makes it arguably worse.

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  • [–] 4 points 2 months ago (1 child)

    I feel like to count it for a flop you have to account for total produced units as well as the sales. For example if a company produces 100,000 units and sells 99,000 of them those are solid numbers, but if a company produces 400,000 units and only sold 200,000 of those units that honestly a pretty shit sell rate even if they technically sold more.

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  • [–] 1 point 2 months ago

    For sure I think that matters. Total investment cost in developing it and manufacturing facilities as well too. At least the Ioniq 6 sells well elsewhere. It's more of a US flop, but I doubt they are thinking beyond their borders when it comes to worst automotive flop ever.

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  • [–] 1 point 2 months ago (2 children)

    You're comparing total sales, but a flop is about return on investment. How much did Hyundai spend on R&D and new tooling and manufacturing to create the 6, plus how much of that can be reused for other similar vehicles, plus what was the profit margin for the car, plus how many cars were built. Now, compare that to the Cybertruck that has likely very little reusability in manufacturing, all new tooling, tons of R&D, and tons of unsold cars.

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  • [–] 1 point 2 months ago

    So unless you have a lot of very specific knowledge, that's going to be beyond the layman to do. This article didn't cover any of those costs in its comparison beteeen the Edsel and the CT. They compared sales numbers. Anything else would be cool to know, but aren't really important in terms of what was compared here.

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  • [–] 1 point 2 months ago (1 child)

    The Ioniq 6 is hideous.

    Inspired by a computer mouse. IoniQ5 has a waiting list.

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  • [–] 1 point 2 months ago

    Looks like a piece of art to me. I'd make your argument in reverse about how ugly the 5 is, but different strokes for different folks. I catch more people checking it out and then come talk to me about it when I walk up to my Ioniq 6 than I ever did driving a Corvette. Public opinion seems that it's nice, just too expensive for them. And for those that do want to invest in it, the 5 is more useful to most with the hatchback.

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