Tesla Cybertruck is Second Best-Selling EV Pickup in the US, March Data Shows

Tesla Cybertruck placed second as the best-selling EV pickup truck in the US last March, according to the latest S&P Global Mobility data via Automotive News.

The angular EV behemoth bested notable models like Rivians' R1T and Chevrolet's Silverado with the Ford F-150 Lightning the only one able to beat Tesla's flagship truck.

Tesla Cybertruck
Brandon Bell/Getty Images

According to the data, Tesla recorded 1,158 new registrations while the F-150 Lightning made 2,893 sales, three times bigger than its record during the same period last year.

This is not to discount the over 2 million reservations on the Cybertruck as the EV maker ramps up distribution of the pickup truck months after its initial release last November.

The report follows after earlier registration data showed a growing number of EV sales despite earlier predictions of a market slowdown.

Tesla to Move Market Focus to China

Despite having relatively good sales in the US, Tesla is reportedly putting more focus on its Chinese market amid uncertainties and steeper competition in the US.

Over the past months, Tesla CEO Elon Musk has been reported to visit China more frequently as the company tries to secure the approval of regulators to move the development of its self-driving system to Asia.

According to Reuters, Tesla even plans to build a data center in China as the US government cracks down on the technology amid a series of road accidents involving the autopilot system.

Tesla Sales Predicted to Further Drop in 2024

It is worth noting, however, that only the Cybertruck vehicles have recorded better sales as other Tesla models report fewer registrations.

During last month's sales, the company only recorded a total of 386,800 car registrations, an 8.4% drop from the same period as last year, failing Wall Street's earlier predictions.

In response, the company reported a lower sales estimate this year as Tesla tries to recuperate losses it incurred after repeated delays and setbacks.

To compensate for its losses, the company has since conducted a corporate-wide layoff across all divisions worldwide and eliminated job postings in the US amid market uncertainties.

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