Is the Cyber Truck a Flop?

[mllud]

Musk was after the publicity and got it. Win or lose he won't go broke. DeLorean went to drug money to try to save his fortune.
Musk has a mass fortune; he will just move on.
I'm not anti-electric car but I won't invest in the growing pains.
The CT is not a practical truck that's made to use as such. The CT came out strong but only time will finish the story.
Oversized door wedge!

 

[newbury]

Heard yesterday VW is on the ropes too... Business is not great

Serves them right after "dieselgate".

 

[Suburban Plowboy]

The people who want to bankrupt Musk are models of stupidity. If he lost his entire stake in Tesla, he would still be worth $350 billion.

A lot of people would be happy with one billion.

 

[ultrarunner]

Friends and neighbors work at Tesla and would be out of a job and the millions in local taxes would evaporate…

 

[Oaktree]

The name is silly. "Cyber" is generally used to label things related to the Internet, including things that only exist there, so I don't understand where "Cybertruck" came from.

Musk is all about the hype. WTF is a "giga" factory? Another meaningless term that makes something sound more special than it is.

Friends and neighbors work at Tesla and would be out of a job and the millions in local taxes would evaporate…

People lose jobs and taxes evaporate when ANY large business closes/cuts back. Why should Tesla employees be any different than those at other companies?

 

[WinterDeere]

People lose jobs and taxes evaporate when ANY large business closes/cuts back. Why should Tesla employees be any different than those at other companies?

It's unfortunate when any business takes a hit due to something as rediculous as politics and customer virtue signalling. I guess one thing that makes Tesla different is that it was a company firing on all cylinders, due to a lot of good work by their employees, who are now facing job loss due solely to their leader's involvement in politics.

This is quite different than when the big 3 suffered from foreign competition, because of their bad management, bad labor unions, bad design, bad build quality, etc.

 

[Suburban Plowboy]

Friends and neighbors work at Tesla and would be out of a job and the millions in local taxes would evaporate…

Punishing the innocent. A hallmark of terrorism and bigotry.

 

[ruffdog]

Only 6k miles and has already lost 1/3 of it's value? Yikes!

https://insideevs.com/news/759952/tesla-cybertruck-trade-in-depreciation/

 

[WinterDeere]

Only 6k miles and has already lost 1/3 of it's value? Yikes!

https://insideevs.com/news/759952/tesla-cybertruck-trade-in-depreciation/

Is that really any worse than every passenger vehicle ever sold?

"It loses half its value when you drive it off the lot," became a pre-internet meme for a reason.

 

[ning]

Is that really any worse than every passenger vehicle ever sold?

"It loses half its value when you drive it off the lot," became a pre-internet meme for a reason.

"Half its value" was a joke; a car definitely loses value by being registered, but not actually very much; the first miles are by far the most costly.

Better cars tend to have about a 60% residual after 3 years, 36k miles - they still haven't actually lost half at that point.

But idk what anyone expects - Tesla's always been ahead of the curve