“$800m”… If nobody wants them, they’re not worth anything.
But think of all the time that was spent to create them! /s
If those 5 trucks had feelings they would be hurt
Certainly they mean MSRP.
it cost them something to make…they arent completely valueless
There is such a thing as the whole being less than the sum of its parts.
Also something called value add… almost no item in modern commerce is sold at cost
And some of them just don’t sell because even at cost they are crap
Scrap metal. I’ll give them $100 if they run, $50 if I have to tow it.
cost != value
Angry Labour Value Fundamentalist Noises
Try appraising real estate for a while, it’s a strong lesson in: something is worth whatever somebody is willing to pay for it. Can be higher than cost, can be lower than cost, but the willing buyer is the key to the whole valuation equation.
something is worth whatever somebody is willing to pay for it
That’s a naive short-term approach to valuation.
Real value has to be measured in some kind of revenue generation, or - at least - cost mitigation. Otherwise what you’re describing isn’t value but expense.
the willing buyer is the key to the whole valuation equation
The willing buyer is the key to perceived value. But suckering someone doesn’t increase the utility of what you sold them.
But suckering someone doesn’t increase the utility of what you sold them.
No, but what someone is willing to pay is the sum total of what a business gets income from. Whether a business is delivering tangible value (say: food) or nothing of substance (say: Bitcoin) the viability of a business, it’s ability to survive and thrive in the capitalist marketplace, is 100% correlated to income willingly given vs cost of obtaining that income, and 0% correlated to “actual value delivered.”
What shocks me about much of the U.S. economy is how much is spent on marketing, promotion, advertising, and sales. 0% value derived from such activity, but frequently over half the cost of things that are purchased in the U.S. is sunk in promotion.
someone is willing to pay is the sum total of what a business gets income from
Except credit changes the math on that significantly. You aren’t constrained by your income, but by your risk of default (and even then… glances 2008-ward) Then you can afford to buy more by paying a higher interest rate.
the capitalist marketplace, is 100% correlated to income willingly given vs cost of obtaining that income
“Willingly” is doing a lot of lifting, given the degree to which fraud, extortion, and price gouging play a roll in the national economy.
What shocks me about much of the U.S. economy is how much is spent on marketing, promotion, advertising, and sales. 0% value derived from such activity, but frequently over half the cost of things that are purchased in the U.S. is sunk in promotion.
Promotion (and deception and intimidation) drives sales. They create the illusion of scarcity and transform luxury into necessity.
They add perceived value among the unwitting and create implicit value through absence of harm.
If nobody wants them, then they are worth $0.
Jokes on you, I’d pay $1 for the lot.
Prepare to pay a $200m fine for littering.
They’re worth something as scrap, I’m sure.
You could definitely sell those for more than $0. The batteries alone aren’t cheap.
So somewhere inbetween as the article says “more than 10,000 units” and “$800m” so they appear to be valuing them at ~$80k/unit which is ridiculously optimistic.
My guess is closer to 1/3rd of that value but nobody likes to lose half a billion in the blink of an eye
I was debating if I’d be willing to take a free cybertruck, your comment reminded me i could take it straight to the scrap yard
i don’t have full confidence it will make it to the scrapyard
A while back, I read an article by a guy who had inherited a SwastiKKKar from an uncle, including free life-time charging. He didn’t like the idea of driving a Tesla, but free was free.
It wasn’t the reactions of others that made him throw in the towel on it, it was the poor build quality. He thought it felt cheap and rattley so he traded it in for a smokin hot Mustang. He lost a fortune over what the car was bought for, but it was free to him, so he didn’t care.
Fuck Tesla. No bailouts for Nazis.
Narrator: …
He’s right behind me isn’t he
Just send them to Africa with the next batch of hats and t-shirts of whoever doesn’t win the NBA finals
You can’t run an African civil war with these. They’re not Toyotas.
11,000 manufactured Ewaste never to be sold
As I wash out the plastic yougurt pots, that’s what gets me the most. We’re fucked and it’s not Mrs Smith at number 47 using plastic straws that’s causing this
I wonder if people don’t want the truck because of its design or the association with Elon more.
Those are 2 excellent reasons to hate it.
I actually really like the look of it. It’s so ugly.
Also paint. I hate seeing paint chips on my car. I know I can wrap but that’s an extra expense to eat.
I just can’t see myself buying a new Tesla due to the damage Elon has caused. It’s a shame because my current Tesla is a wonderful car, in my opinion.
I’m forced to say that some of the wraps and textures added to the vehicles do make them look cool again.
But I feel like that’s equivalent to saying “Once you drown the turd in whipped cream and cherries, it looks edible.” I mean, fuck, I suppose so. But I know what’s underneath so I’m not touching that spoon.
Yeah I kinda like that brutalist look. Shame it’s impractically large, poorly built, dangerous, and produced by a nazi wanker.
It’s a novelty vehicle.
It’s too big for many people. It’s not as functional (in terms of towing and hauling) as a regular pickup. People who buy pickups for business uses are, for the most part, are going to be very nervous about buying an electric vehicle from a relatively new manufacturer.
Even if you put aside the issues with Elon: The issue with the Cybertruck is that Elon never understood it was a novelty vehicle. The traditional auto manufacturers make these novelty vehicles from time to time, but the difference is that they understand what they’re building and know they’re only going to sell 10,000 or something per year, and probably for a short run.
Elon’s so far up his own ass that he doesn’t understand why everyone isn’t buying one.
Does it really matter? It’s a shit looking vehicle that can’t drive in the rain if you don’t switch to carwash? Mode? I think?
The vehicle has so many design oddities, so many manufacturing problems, and it’s associated to one of the least liked billionaires in recent memory, so much so that people in the general public go out of their way to vandalize the vehicle whenever the opportunity presents itself.
What’s to like about it? Even if you don’t hate Elon, and don’t hate the look/design, the"truck" is a meme at best and a gigantic waste of resources.
Next week: US Department of Defence announces purchase of fleet of Cybertrucks.
Can’t wait to meet the successor to M1 Abrams: the M2 Sad Tin Can.
That’s just ridiculous. To spend money to remove infrastructure, out of hidden spite.
hidden?
Well barely. Their given reason is it’s “not mission critical” which is a statement veeeeryyy far from “We are doing it out of spite for electric cars” or “We want our oil narrative to hold from our highest echelons of social hierarchy” or whatever other insane reason
Letting bad actors get away with excuses you are basically making up for them, is how the USA went down the toilet
Already in the works:
State Dept. Plans $400 Million Purchase of Armored Tesla Cybertrucks
Can’t wait to see how well it works to glue armored panels on.
I want to drive one into a brick wall. Not with me in it or anything. I figure I could do it just by setting it to auto-drive into a painting of a tunnel Looney Tunes style.
I could do the auto-drive I wouldn’t mind
If Chevy had released this truck it would have been ended up like the HHR but worse.
It’s not even good at being a truck, aside from the other shit.
Well you could take it camping and cut vegetables with the doors. …and use all the rust coming off it as an ingredient in your diy pottery glaze…that’s about it tho.
At least the HHR had a functional rear-view mirror
If nobody wants them… they are not worth that amount. simple economics.
supply and demand…
This is exactly right. They’re worthless if nobody is willing to pay what’s being asked.
So what they’re “worth” is nothing.
I know i would get made fun of for this but a good price is a good price. I would pay $15,000 for one. I think most people would.
Edit 2 min later - I thought better of it. No i still wouldn’t want it. I wouldn’t trust Tesla not to hack it at some point and take it over.
I would pay $15,000 for one.
I would pay $15k for a better vehicle. I’m not getting in The Truck That Kills You Instantly.
I would totally take one for 15k (only if its used, never from tesla itself) take the batteries out, sell those and put the frame on a truck and drive it out to an event or protest and let people smash whats left. Let people rent a sledge hammer for a bit and vent, would be a fun and very public statement. Once thats done sell it as scrap. The batteries should alone should cover the next one.
You could rip the batteries out of them and use them for a solar setup. The rest could be sold for scrap.
Probably an unpopular opinion, but I’d love to take that as a project vehicle.
Batteries for home setup (on TOU plan, so it’d be nice to charge when rates are low and discharge when high).
Then slap an combustion engine in there that just acts as a power plant for the electric motors. It’d probably be biting off more than I can chew, but it sounds like a hell of a learning opportunity and tickles my engineering/tinker brain’s fancy.Of course, after blowing something up, I’d probably focus on dissecting the drive train and using them motors for something else. I’m suddenly curious what the suspension set up is like. If they’ve got some crazy high tech mag-ride system, I’ll bet that could be repurposed for another vehicle (pending Tesla proprietary protocols for connecting to ECU).
But now I’m rambling. The thoughts of what I could do with those parts though.
Ninjaedit: just took a look as some of the pondering above. I forgot how silly the interiors look, so def wouldn’t bother with attempting it as a project car.
There are a lot of videos of the frame cracking from mild outdoor use, which instantly totals the whole vehicle.
$15000 is rookie numbers.
I can offer $150 for one!
yeah, for $15k USD I could buy an old Ranger or B3000 and have 5-10 years worth of fuel
cyber truck is a hard sell
Boom, tardigraded!
Oh no, anyway…
“nobody wants” or 60% of Americans can’t afford basic living expenses?
Even if I could afford one, or want one, which I don’t for many reasons, the vehicle is so ginormous that it would be the biggest pain in the ass in the world to drive around my city. Parallel parking? Forget it. Narrow side streets that are the width of a car, but somehow you need to let someone come down directly towards you and it’s not a one way? Bumpy roads full of potholes or worn down to the original brick roads, with the vehicle that’s tires wear out faster than any other due to the sheer weight?
I think you get the idea
Seattle? Sounds like Seattle.
Pittsburgh PA
so ginormous
Tell me about it. The Cybertruck is an inch and some change longer and 8" wider than my ratty full size 1990’s pickup, yet somehow manages to have only slightly over half the usable cargo volume – 42.80 cubic feet vs. 70.7. And I’m being extremely charitable by treating the Cybertruck’s bed area as if it were cubic starting from its tallest point by the back glass, when in fact it’s wedge shaped.
It also weighs 3269 pounds more (in its lightest configuration) and as we all know by now the Cybertruck’s towing and trailer tongue weight ratings are outright lies. Whereas millions of people have successfully lugged a combined total of billions of tons worth of boats, bikes, lawn mowers, and RV’s with GM and Ford pickups over the decades.
Even for the use case for someone who “needs” a truck, the Wankpanzer is a moronic choice.
Why not both nobody wants them and 60% of Americans can’t afford basic living expenses?
For all we know lots of people want them but can’t afford them.
Paints two completely different scenarios from the same objective base observation that there are X amount of unsold Cybertrucks.
Why is that all you know and why are you lumping us in with you?
They’ve got ~60% more inventory than sales (6k sold).
For comparison Rivian has 400% more sales than inventory. (14k sold).
This should be plenty of data to conclude how popular the Cybertruck actually is.
Are you comparing the same time frames? Because Rivian’s sales are down 36% for Q1 2025.
I guess no one wants them either, or would a headline about Rivian invoke some other reason?
That’s my point.
Rivian didn’t over produce, and notably, didn’t go all in with the new authoritarian regime. Also, a 36% decrease in sales is much less than having $800 million (in MSRP) sitting in lots. The R1T is a very successful vehicle if you compare it to the Swastitruck.
Both.
They are really going to have to slash prices to move those trucks. 50%,60%75%? Even then will anyone want them?
I am expecting them to end up as ICE technicals, used to hunt down dissidents like…checks notes…American citizens, children, and the elderly.
Finally some good news
My pet conspiracy theory has been that Elmo was hoping Trump would mandate that everything gov related has to drive Teslas.
That’s definitely plausible.
So your saying one will be able to avoid ICE by simply escaping on days when its raining?
Or, by running through sand or mud!
