One of the staggering things the latest Cybertruck recall has revealed'other than Tesla's use of the wrong glue'is that Elon Musk's company appears to have sold 46,096 of these 7,000-pound electric pickups since customer deliveries began a little over 14 months ago. This is far fewer sales than Musk predicted for the Cybertruck just weeks before the rollout; he told investors that Tesla would soon sell 250,000 Cybertrucks per year. 'Reservationists' initially paid $100 to join the queue, a refundable deposit later raised to $250. Car companies often open wait lists for models expected to outstrip supply, but most auto executives don't expect that all of those who lodge deposits will follow through. By that reckoning, Tesla's conversion rate is just under 5 percent. That's at the lower end of the conversion scale, but many experts, used to Tesla's stratospheric sales, might consider that a flop. Analysts generally don't treat the world's richest automaker like a regular car company....
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