Tesla Hasn’t Had A Successful New Product Launch Since JB Straubel Stepped Down As CTO
cleantechnica.com Nov 8, 2026

Tesla Hasn’t Had A Successful New Product Launch Since JB Straubel Stepped Down As CTO

AI-summarised brief · reviewed before publication

Tesla is preparing to cease production of the Cybertruck after a costly shortfall that left the project with an estimated $1.9 billion net loss. The company installed tooling for 125,000 units annually but sold only about 70,000 trucks over three years, far below its original target of 250,000 to 500,000 units. Development expenses topped $2 billion, while gross profit from sales reached roughly $100 million. The vehicle also fell short of promised specifications, costing twice the projected price and delivering half the expected range, resulting in a range‑per‑dollar metric only a quarter of forecasts. The Cybertruck’s failure marks the first major product launch misstep since chief technology officer JB Straubel departed in July 2019, a period that has seen no comparable Tesla successes.

💡 Why It Matters

  • · The debacle underscores how Tesla’s post‑Straubel era struggles to translate hype into profitable, market‑ready products, threatening its reputation for breakthrough engineering.