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Tesla Stock Falls Ahead of Cybertruck Delivery as MKBHD Accidentally Revealed 265 Miles EPA Range in a Review Cybertruck

Concerns over surprisingly small Cybertruck range numbers accidentally shared by MHBHD have tempered expectations for the Cybertruck. Tesla’s stock is down in a day that’s expected to be the company’s biggest product launch.
Tesla Cybertruck

We’re only a couple of hours away from the Cybertruck delivery event. However, leaks concerning the all-electric truck appear to not be slowing down.

So far we have learned a lot of information about the Cybertruck. Thanks to leaks and official communication from Tesla, we know that the Cybertruck will be the first Tesla to feature both 4-wheel steering and a steer-by-wire dynamic variable steering ratio steering mechanism.

A recent demonstration of these two features over the helipad at Giga Texas shows the Cybertruck has an incredibly tight turning radius and that the truck is a breeze to maneuver.

Related News: Tesla Confirms Cybertruck Delivery Event Will Exclusively Be Streamed on X (Twitter), Is Elon Musk Going Too Far Propping Up X Using Tesla?

In addition, we also know that the Cybertruck will be the first Tesla to feature an 800-volt high-voltage architecture and a 48-volt low-voltage architecture. Other things we know about the truck include the fact that its body panels are bulletproof and arrowproof.

The Cybertruck also features a new air suspension with 14 inches of suspension travel and a first-of-its-kind shatter-resistant glass.

All these features have pushed Cybertruck excitement through the roof, however, we’ve also had some disappointing information about the Cybertruck.

The first is the vehicle’s meaningfully decreased towing and payload capacity. We wish Tesla was able to meet the Cybertruck’s initial payload and towing capacity however, the truck is still shaping up to be an industry leader at least amongst all-electric trucks.

 

However, the second and more important disappointing Cybertruck detail we’ve got pertains to the truck’s relatively small 123KWh battery pack and the concerningly small range numbers. A previous leak has shown a Cybertruck at full charge projecting a 267-mile range.

However, given the fact that the 267-mile range was only witnessed in a single instance and the range number was from Cybertruck’s trip planner and not from the area where the EPA estimated range usually displayed, there was doubt about the range number.

Well, that was at least until today. As we have gotten close to the official Cybertruck delivery event, Tesla has provided some YouTubers and automotive journalists a Cybertruck to be able to film their reactions ahead of time.

Tesla has put an embargo and none of the media outlets are able to share their Cybertruck review videos ahead of the Cybertruck delivery event. So far, we know that Tesla has given Top Gear and MKBHD access to the Cybertruck and both channels have said they will release their videos today.

This is wonderful however, there appears to be a small mishap with MKBHD where the YouTuber accidentally revealed some information that he shouldn’t have.

In a teaser photo promoting his upcoming Cybertruck review, MKBHD accidentally shared the Cybertruck’s EPA estimated range.

In MKBHD’s picture, you can see the Cybertruck displaying a 265-mile range. Unlike the previous range leak, this shows the Cybertruck’s EPA estimated range. MKBHD’s picture doesn’t show what percentage the vehicle is at however, the charing bars suggest the truck is at 90% charge.

 

Adding the extra 10% gives the Cybertruck a 292-mile EPA estimated range. In comparison, the longest-range variants of the Rivian R1T and Ford F-150 Lightning have 410 miles and 320 miles of EPA estimated range, respectively.

This has caused a lot of concern in the Tesla community and a lot of Tesla detractors are celebrating this fact. Some have even gone so far as to call on investors to sell their Tesla shares before the EV maker officially acknowledges these Cybertruck range numbers.

Because of Rivian’s superior range numbers, online “financial analysts” are recommending selling Tesla shares today and loading up on Rivian.

As of writing, Tesla’s stock price is down close to 2%. This normally would not be a big deal however, today in is supposed to be Tesla’s biggest product launch in the company’s history. 

There are a lot of factors in play that could push a company’s stock one way or the other, especially in the short term. However, if online comments are to be believed, the biggest negative news item about Tesla today appears to be a concern regarding the Cybertruck’s range.

There are only a few hours to go until Tesla officially unveils all of the Cybertruck specs and we will see how the market reacts. And we’ll be sure to keep you posted as we learn more about the all-electric truck.

Until then, make sure to visit our site torquenews.com/Tesla regularly for the latest updates.

So what do you think? Surprised to see Tesla’s stock price going down today? Also, what do you make of the Cybertruck’s lower-than-expected range numbers? Let us know your thoughts in the comments below.

Image: Courtesy of Tesla, Inc.

For more information check out: Tesla’s Decision to Not Paint the Cybertruck Has been Validated After 13 Cybertrucks Were Seen Next to a Helipad

Tinsae Aregay has been following Tesla and The evolution of the EV space on a daily basis for several years. He covers everything about Tesla from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.

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