It's a near-universal sentiment and based on both.

However, you get major successes by taking risks. Evaluating people and businesses, I do so based on successes and not on failures. The best people (and businesses) I know failed more times than successful ones. Cybertruck was a good try, and it takes a few like that to be successful.

Of the problems I have with Tesla, the Cybertruck is not one of them.

Cybertruck owners, on the other hand, you might as well but a dunce cap and a t-shirt which says "I'm an idiot with too much money."

It has far less potential to be sold in millions than the Model 3. The cybertruck is built ignoring certification standards in many jurisdictions (no way of legally drive on in Europe). Then the design is super controversial. Compare that to a Model 3 that is sold worldwide and that has a design which is acceptable to many.

By objective metrics of being a good 4x4 vehicle for actual off loading it's easily beaten by a somewhat decrepit 20 year old Toyota 4runner.

It's clear they burnt through all 1 million pre orders and now you can get them in less than a week. Based on when they reached July 2024 pre-orders and roughly 25k built at the time, it is speculated only 3% of people actually chose to purchase the car, with 97% getting a refund.

Compare that to the ~80% conversion rate of the Model 3 when it launched, it appears the Cybertruck is a massive failure.

Sales seem to have stalled. Q3 2024 was strong, but then dropped off quite dramatically in Q4 2024 with no indication that Q1 2025 will improve, despite price cuts and generous financing deals. Basically there seems to be a small, dedicated, market that loves the Cybertruck, but they've largely all bought one by now, and they're struggling finding new customers.

All that being said I believe the Cybertruck is still the best selling EV pick up on the market, so it's not like the competition is doing any better in this segment.