mackinaw Posted October 19, 2023 Share Posted October 19, 2023 Not exactly words of encouragement from the company CEO. https://www.autoblog.com/2023/10/19/elon-musk-we-dug-our-own-grave-with-the-cybertruck/ Quote Link to comment Share on other sites More sharing options...
akirby Posted October 19, 2023 Share Posted October 19, 2023 We? ? This started out as merely a concept vehicle with no actual production plans and then Musk told the engineers to actually build it for production. Or their designers and engineers are totally clueless. This is a novelty vehicle at best. Should have pulled the plug years ago. Quote Link to comment Share on other sites More sharing options...
mackinaw Posted October 19, 2023 Author Share Posted October 19, 2023 1 hour ago, akirby said: This is a novelty vehicle at best. Should have pulled the plug years ago..... But, but, but....they have one million orders! Adam Jonas, auto analyst at Morgan Stanley, figures the Cybertruck is a niche vehicle that may sell 50,000 units/year. I question even that number. Quote Link to comment Share on other sites More sharing options...
akirby Posted October 19, 2023 Share Posted October 19, 2023 10 minutes ago, mackinaw said: But, but, but....they have one million orders! Adam Jonas, auto analyst at Morgan Stanley, figures the Cybertruck is a niche vehicle that may sell 50,000 units/year. I question even that number. It’s the new DeLorean. Quote Link to comment Share on other sites More sharing options...
92merc Posted October 19, 2023 Share Posted October 19, 2023 Elon has a hard time with failure of an idea. He tends to think anything can be fixed with enough resources. Twitter is a good example. I personally don't think he'll ever make his money back buying Twitter and re-branding it. He'll keep it afloat, but it'll never really make him money. Same for his truck. He'll make enough of them to tell everyone "Hey, see I made the truck!". But it won't make enough money to return the investment. And he's too stubborn to admit it. Quote Link to comment Share on other sites More sharing options...
blwnsmoke Posted October 19, 2023 Share Posted October 19, 2023 1 hour ago, mackinaw said: But, but, but....they have one million orders! Adam Jonas, auto analyst at Morgan Stanley, figures the Cybertruck is a niche vehicle that may sell 50,000 units/year. I question even that number. isn't it 2 million?? That's the latest I read whether accurate or not. All I have to say is... BWAHAHAHA Quote Link to comment Share on other sites More sharing options...
tbone Posted October 19, 2023 Share Posted October 19, 2023 1 hour ago, 92merc said: Elon has a hard time with failure of an idea. He tends to think anything can be fixed with enough resources. Twitter is a good example. I personally don't think he'll ever make his money back buying Twitter and re-branding it. He'll keep it afloat, but it'll never really make him money. Same for his truck. He'll make enough of them to tell everyone "Hey, see I made the truck!". But it won't make enough money to return the investment. And he's too stubborn to admit it. You win some and you lose some. He can afford it. Quote Link to comment Share on other sites More sharing options...
mackinaw Posted October 20, 2023 Author Share Posted October 20, 2023 2 hours ago, tbone said: You win some and you lose some. He can afford it. Maybe, but the shareholders won't be happy. Quote Link to comment Share on other sites More sharing options...
HotRunrGuy Posted October 20, 2023 Share Posted October 20, 2023 1 hour ago, mackinaw said: Maybe, but the shareholders won't be happy. Down 9+% today,,,,,,, HRG Quote Link to comment Share on other sites More sharing options...
tbone Posted October 20, 2023 Share Posted October 20, 2023 2 hours ago, mackinaw said: Maybe, but the shareholders won't be happy. Nope, probably not. Quote Link to comment Share on other sites More sharing options...
DeluxeStang Posted October 20, 2023 Share Posted October 20, 2023 The issue with the cybertruck was it was a vehicle reliant on shock and awe over substance. That kind of product works when you get it into production right away. Five years on, all we're left with is a hideous joke of a vehicle that looks like it was assembled in a shed by the three blind mice. The specs were impressive 5 years ago, but actually fall short of many of the EV trucks currently in production, or on the horizon. I predict t3 will be everything the cybertruck was foretold to be, a bold and futuristic machine that genuinely changes the industry. 2 Quote Link to comment Share on other sites More sharing options...
atomcat68 Posted October 20, 2023 Share Posted October 20, 2023 Too bad Amazon (with Musk's arch enemy Bezos) owns 20 percent of Rivian because Tesla could have bought them out for a pick up truck. Quote Link to comment Share on other sites More sharing options...
sullynd Posted October 20, 2023 Share Posted October 20, 2023 8 hours ago, atomcat68 said: Too bad Amazon (with Musk's arch enemy Bezos) owns 20 percent of Rivian because Tesla could have bought them out for a pick up truck. And a traditional SUV. And a van. And could let Rivian focus on commercial business. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted October 20, 2023 Share Posted October 20, 2023 I actually got to see the Cybertruck in person at the Petersen museum last weekend…..it’s as bad if not worse in person… it was shorter than I thought as well Quote Link to comment Share on other sites More sharing options...
akirby Posted October 20, 2023 Share Posted October 20, 2023 I can’t wait until this actually makes it to production just to see the sales flop and how it gets panned by reviewers compared to real BEV pickups. Quote Link to comment Share on other sites More sharing options...
atomcat68 Posted October 20, 2023 Share Posted October 20, 2023 5 hours ago, sullynd said: And a traditional SUV. And a van. And could let Rivian focus on commercial business. Exactly what I was thinking. And with the Rivian products taking the traditional truck and SUV segments, Cybertruck could be marketed as a luxury toy sold for over 100k to action actors, sports stars and rap stars, much like the original Hummer and G wagon. Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted October 20, 2023 Share Posted October 20, 2023 So what is going on with all those preorders for it? Quote Link to comment Share on other sites More sharing options...
akirby Posted October 20, 2023 Share Posted October 20, 2023 13 minutes ago, silvrsvt said: So what is going on with all those preorders for it? They’re from 4 years ago and fully refundable. Some probably forgot about it and the rest are waiting to see it in person. Quote Link to comment Share on other sites More sharing options...
DeluxeStang Posted October 21, 2023 Share Posted October 21, 2023 9 hours ago, silvrsvt said: So what is going on with all those preorders for it? I'm willing to bet a ton of people ordered one as a joke, and won't actually buy it when the time comes. A ton of 12 year olds with moms credit card kinda deal. 1 Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted October 24, 2023 Share Posted October 24, 2023 Speaking of preorder issues, apparently a dealership (In PA) had 25 lightnings on order, and no one actually bought them. This is according to someone that works for them... Quote Link to comment Share on other sites More sharing options...
Flying68 Posted October 24, 2023 Share Posted October 24, 2023 1 hour ago, silvrsvt said: Speaking of preorder issues, apparently a dealership (In PA) had 25 lightnings on order, and no one actually bought them. This is according to someone that works for them... Wonder how much ADM they added to each one? Everything will sell at the right price, some dealers just don't understand this right away. Quote Link to comment Share on other sites More sharing options...
akirby Posted October 24, 2023 Share Posted October 24, 2023 13 minutes ago, Flying68 said: Wonder how much ADM they added to each one? Everything will sell at the right price, some dealers just don't understand this right away. ADMs and/or Ford price increases. Nothing kills sales volume more than higher prices. 1 Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted October 24, 2023 Share Posted October 24, 2023 1 hour ago, Flying68 said: Wonder how much ADM they added to each one? Everything will sell at the right price, some dealers just don't understand this right away. No ADMs where added...like Akirby either price increases by Ford or economic issues-not sure if PA has any incentives like NJ had (additional tax breaks etc) that might have expired while waiting for them. Quote Link to comment Share on other sites More sharing options...
rperez817 Posted October 24, 2023 Share Posted October 24, 2023 Tesla showed off Cybertruck at the Formula 1 Lenovo United States Grand Prix 2023 race at COTA this past weekend. Elon Musk attended the event. Quote Link to comment Share on other sites More sharing options...
mackinaw Posted October 26, 2023 Author Share Posted October 26, 2023 The good news just keeps on coming. It appears the front suspension is poorly designed, the upper control arm bends under stress. https://www.notebookcheck.net/Tesla-Cybertruck-bends-upper-control-arm-in-testing-raising-concerns-about-suspension-durability.761845.0.html Quote Link to comment Share on other sites More sharing options...
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