Even setting aside the political stuff, this thing was 3 years late to the market. There are very few reasons you would want one of these over a Rivian outside of aesthetics, and it was a divisive aesthetic from the beginning.
Agreed. From the looks of it as someone who doesn't follow the automotive space too closely: Tesla unveiled it before any/most companies mentioned the idea, and shipped after most/all others had already. So, they got people riled up to buy an electric pickup, then sent them all to the competitors.
It looks like a cheap mock-up for a sci-fi movie --- with quality, reliability and usability to match. It's a truck that just can't do what a truck is supposed to do.
It solved a bunch of problems absolutely nobody asked for, nor cared about. Bulletproof paneling? I mean you can’t make this stuff up. The sharp edges were idiotic. It was absolute hubris over good engineering.
They should’ve done what ford did. Make it just a regular damn pick up truck, no need for bulletproof nonsense. And it would’ve sold like hot cakes.
Is there a "normal" amount of inventory to sit on?
>Used Cybertruck prices are down 55% year over year
It's wild to me folks lined up to buy this thing ... like I can understand enthusiasm for new things and all that but that's a big hit there. And even I think the prices are still high for the used ones in my area.
There is a massive overlap between Tesla 'cult' members who hold Tesla shares and Cybertruck buyers - hence the 'best-selling EV truck' for the first few months.
It sounds wild, but it's a thing. Many claim to have bought several cars already 'for the mission' (one has to explain me, how buying several cars in a span of 5 years helps to fight climate change).
Once this pool was exhausted however, there is literally 0 demand. Tesla don't publish the number of Cybertruck sold, they mix them with model S / X, for a reason (the most transparent company on earth !).
Given the cratering demand, one has to ask how much money Tesla will bleed this year - despite all the hype around Optimus and other pipe dreams, at the end of the day, it's a car manufacturer employing 100k people, with installed production capacity that's now 2x the number of cars they were selling recently and the ratio is very quickly increasing. If history is any guide here, they are on a fast track to bankruptcy.
EDIT: Do not attempt to trade this ! It's become a meme stock at this point, and as we learned with GME, AMC, Hertz - even in case of real or virtual bankruptcy a stock can stay quite high.
Throw up a Nazi salute on television and find out. What he’s find out is that nobody wants to do business with a Nazi or drive the iconic symbol of the brand.
If you consider it marketing, It did its job during a difficult period. If you need it to perform in the market, I think it's demonstrably failed, but you can look at other successful utility vehicle plays and say "thats so unhelpful to PR and sales messaging for this brand" -nobody respects the makers of UPS trucks except guys in UPS truck buying contexts and the tesla truck wasn't aimed at truck owners as such: it was aimed at what in Australia we'd call "Cashed up bogans" -people who want an image outcome, not a utility function.
I am much more interested in how the Tesla Semi Trailer is doing. And, the alternatives.
We could be saying how poorly the the Tesla solar roofing tiles are doing, but we'd have to acknowledge Tesla power storage is now critical worldwide. So, like any company it has hits and misses.
I think in the end all we're saying is that this was a hugely avoidable miss, but in PR terms at the time, it probably worked out. Long tail cost however.
Bit of "tail wagging the dog" in almost any brand-led discussion.
I don't personally know Musk, I certainly dislike his personal image. Doesn't seem my kind of guy. Interesting.
netsharc|11 months ago
https://www.npr.org/2025/02/24/nx-s1-5305269/tesla-state-dep...
It's saving costs, you see!
sightbroke|11 months ago
xedrac|11 months ago
legitster|11 months ago
Neywiny|11 months ago
(And then shipped a pile of recalled garbage)
jqpabc123|11 months ago
atonse|11 months ago
They should’ve done what ford did. Make it just a regular damn pick up truck, no need for bulletproof nonsense. And it would’ve sold like hot cakes.
hnburnsy|11 months ago
>GM said its inventory of vehicles, which is the number of vehicles currently on dealer lots or en route, fell 8% to 549,312 in the first quarter.
So at ~50K ASP, GM has over $25B sitting in inventory.
illiac786|11 months ago
galaxyLogic|11 months ago
duxup|11 months ago
>Used Cybertruck prices are down 55% year over year
It's wild to me folks lined up to buy this thing ... like I can understand enthusiasm for new things and all that but that's a big hit there. And even I think the prices are still high for the used ones in my area.
TheAlchemist|11 months ago
Once this pool was exhausted however, there is literally 0 demand. Tesla don't publish the number of Cybertruck sold, they mix them with model S / X, for a reason (the most transparent company on earth !).
Given the cratering demand, one has to ask how much money Tesla will bleed this year - despite all the hype around Optimus and other pipe dreams, at the end of the day, it's a car manufacturer employing 100k people, with installed production capacity that's now 2x the number of cars they were selling recently and the ratio is very quickly increasing. If history is any guide here, they are on a fast track to bankruptcy.
EDIT: Do not attempt to trade this ! It's become a meme stock at this point, and as we learned with GME, AMC, Hertz - even in case of real or virtual bankruptcy a stock can stay quite high.
more_corn|11 months ago
dzhiurgis|11 months ago
Some EV trucks haven't sold this many in entire year.
ggm|11 months ago
I am much more interested in how the Tesla Semi Trailer is doing. And, the alternatives.
We could be saying how poorly the the Tesla solar roofing tiles are doing, but we'd have to acknowledge Tesla power storage is now critical worldwide. So, like any company it has hits and misses.
I think in the end all we're saying is that this was a hugely avoidable miss, but in PR terms at the time, it probably worked out. Long tail cost however.
Bit of "tail wagging the dog" in almost any brand-led discussion.
I don't personally know Musk, I certainly dislike his personal image. Doesn't seem my kind of guy. Interesting.
duxup|11 months ago
Who cares if you won some imaginary respect if you’re not selling?
UPS van sold lots… so that seems good.