Morgan Stanley forecasted that Tesla would produce just under 100,000 Cybertrucks by FY 2025 in a report about 6 key considerations that mattered to the EV startup.
“We forecast 1,000 units of Cybertruck in FY21, ramping to 20k in FY22, 50k in FY23 and just under 100k in FY25,” wrote Morgan Stanley analyst Adam Jonas in a recent report.
To some TSLA investors, Morgan Stanley’s estimates might be incredibly conservative. During Tesla’s 2019 Q4 earnings call, Elon Musk hinted that the demand for the Cybertruckhit levels that the company had never seen before, which means a lot considering the demand for the Model 3 at the time.
NEWS: Morgan Stanley has just released a brief $TSLA report:
"What Matters for Tesla Here? 6
Key Considerations"• Deliveries
• Capacity Expansion
• New Model Unveiling/Ramp.
• China
• Competition
• SaaS/Mobility transparency.1/3 pic.twitter.com/oVdjrewCIP
— Sawyer Merritt 📈🚀 (@SawyerMerritt) March 30, 2021
“I have never seen actually such a level of demand at this–we’ve never seen anything like it basically. I think we will make as about as many as we can sell for many years. So–as many–we’ll sell as many as we can make, it’s going to be pretty nuts,” Musk said about the Cybertruck.
Ford produces over 1,000 trucks per day, plant manager Debbie Manzano told the Detroit Free Press last year. Manzano oversees a Ford F-150 assembly line which operates seven days a week.
