So far, the Cybertruck was operating on a negative profit margin. This is common with new lines until the ramp is to the point of profitability.
In this video I discuss how some did a dive and areprojecting a few points profit margin on the Cybertruck in Q3. It will still be an overall drain on automotive margins since it is below the total. It might not add to the margin until Q1 of next year.
▶️ 3Speak
