cross-posted from: https://slrpnk.net/post/22132981
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- ccunning@lemmy.worldEnglish1 year
“$800 million worth”?
“Nobody wants”?Sounds like creative accounting…
- db2@lemmy.worldEnglish1 year
They tried that in Canada and got caught. They’ll get a free handy for doing it in the US under Tump though.
- andros_rex@lemmy.worldEnglish1 year
That’s what Trump’s big legal battle with New York was about - lying about the value of a penthouse or something.
So much of these “rich” fuckers wealth is just bullshit on paper.
- Kbobabob@lemmy.worldEnglish1 year
Except these actually have value as scrap especially in the batteries.
1 yearYup. Their boss controls the IRS. They’ll write them off, get a bailout check, and sale the remaining trucks to the US military. Triple dip the American tax payer.
The photograph that says it all. Let’s remember Elon Musk for the Nazi that he is.
- walden@sub.wetshaving.socialEnglish1 year
This photo is taken out of context, though. I mean, he slapped his chest before the salute, and he did it twice in a row… Ah shit nevermind, he’s a Nazi.
- floofloof@lemmy.caEnglish1 year
The hand on his heart really does make you think twice about the meaning though, just like it did with that other guy.
- powerofm@lemmy.caEnglish1 year
Wow. I had no doubt it was a salute, but seeing them side-by-side is chilling
- dustyData@lemmy.worldEnglish1 year
You can just tell it was practiced in front of a mirror with the video as model.
- biofaust@lemmy.worldEnglish1 year
Am I the only one that sees Adolfo “using” it and Musk “feeling” it?
- Ledericas@lemm.eeEnglish1 year
he doesnt look commited to it though, because hes doing the lip sucking thing that children do when they are unsure if they will get a bad reaction from it.
They have a lot of problems … they’re about this high … raises right hand up on the air palm down
You could definitely sell those for more than $0. The batteries alone aren’t cheap.
- NotJohnSmith@feddit.ukEnglish1 year
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
- JennyLaFae@lemmy.blahaj.zoneEnglish1 year
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
- barneypiccolo@lemm.eeEnglish1 year
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.
Next week: US Department of Defence announces purchase of fleet of Cybertrucks.
- Eximius@lemmy.worldEnglish1 year
That’s just ridiculous. To spend money to remove infrastructure, out of hidden spite.
- Eximius@lemmy.worldEnglish1 year
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
- barneypiccolo@lemm.eeEnglish1 year
Already in the works:
State Dept. Plans $400 Million Purchase of Armored Tesla Cybertrucks
- GroundedGator@lemmy.worldEnglish1 year
Can’t wait to see how well it works to glue armored panels on.
- irish_link@lemmy.worldEnglish1 year
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.
- JcbAzPx@lemmy.worldEnglish1 year
You could rip the batteries out of them and use them for a solar setup. The rest could be sold for scrap.
- DahGangalang@infosec.pubEnglish1 year
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.
- MDCCCLV@lemmy.caEnglish1 year
There are a lot of videos of the frame cracking from mild outdoor use, which instantly totals the whole vehicle.
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.
- mrgoosmoos@lemmy.caEnglish1 year
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
- MystikIncarnate@lemmy.caEnglish1 year
This is exactly right. They’re worthless if nobody is willing to pay what’s being asked.
So what they’re “worth” is nothing.
- 9 months
- MangoCats@feddit.itEnglish1 year
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.
- MangoCats@feddit.itEnglish1 year
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.
- Inucune@lemmy.worldEnglish1 year
Scrap metal. I’ll give them $100 if they run, $50 if I have to tow it.
- bitjunkie@lemmy.worldEnglish1 year
There is such a thing as the whole being less than the sum of its parts.
- Neuromorph@lemm.eeEnglish1 year
Also something called value add… almost no item in modern commerce is sold at cost
- bitjunkie@lemmy.worldEnglish1 year
And some of them just don’t sell because even at cost they are crap
- Feathercrown@lemmy.worldEnglish1 year
You know, by stock market logic, this would mean they aren’t actually worth $800m
- 1 year
If the stock market had anythign to do with logic Tesla wouldn’t be worth more than all other car manufacturers combined
- 1 year
Stock market logic, sell one cybertruck for $1m and your whole inventory is now worth 10x
- Glytch@lemmy.worldEnglish1 year
They’re only worth what someone would be willing to pay for them. What’s the scrap value on a cybertruck?
- PieMePlenty@lemmy.worldEnglish1 year
Simple economy actually. Supply exceeds demand, value on the market is lower.
On the stock market, you can do all kinds of fuckery to gain from this.
- SabinStargem@lemmy.todayEnglish1 year
I am expecting them to end up as ICE technicals, used to hunt down dissidents like…checks notes…American citizens, children, and the elderly.
- CheeseNoodle@lemmy.worldEnglish1 year
So your saying one will be able to avoid ICE by simply escaping on days when its raining?
- 1 year
My pet conspiracy theory has been that Elmo was hoping Trump would mandate that everything gov related has to drive Teslas.
- 1 year
$800 Million Worth of Cybertrucks
Cybertrucks aren’t worth the glass of the molotovs that ignite them.
Worth and cost are not synonyms.
- w3dd1e@lemm.eeEnglish1 year
It’s funny. They target people who burned the trucks, but insurance claims are probably their best chance to get paid for the trucks.
- 1 year
Until insurers decide they’re too expensive to cover.
Light em up!
- Ledericas@lemm.eeEnglish1 year
except the insurance might not even cover these, or they make the coverage cost extremely high.
- barneypiccolo@lemm.eeEnglish1 year
Cybertrucks are just sitting around, waiting for someone to officially label them the DeLorean of the 21st century.
Hey! You take that back! DeLoreans were always cool cars. Their demise wasn’t due to lack of popularity, the company just had problems getting established, and ultimately didn’t survive its initial growth phase.
Nobody despised the DeLorean, or it’s owner. They just ran out of money, and he tried a desperate Hail Mary play, that didn’t work.
- 1 year
Their demise was absolutely due to lack of popularity. In December '81 they had produced 7,000 units and sold 3,000. I’d argue that they failed for the same reason Fiero did – they looked like a sports car but were not. Top speed was 110mph. 0-60 time was 10.5 seconds. It had a V-6 that put out 130hp in a car with a curb wt of 2700 lbs. 0-60 time was measured at 10.5 seconds. To put that in perspective, about the same as a 99 Ford F-350 Super Duty Crew Cab 4x4 Dually or 73 LTD Brougham. There are virtually no modern cars that run 0-60 that slow. A 2024 5.3l Suburban has a time of 7.0
In addition, they had numerous quality control problems. This in a car that retailed for $25k or the rough equivalent of $86,000 in today’s dollars. While it’s probably true that nobody despised the car, it was not a good car. They were definitely cool sitting in a parking lot but getting spanked by a 1980 Chevy Citation (0-60 10.3) is not a good look
- wewbull@feddit.ukEnglish1 year
The cybertruck is on a different scale of unpopularity.
Nobody threw Molotov cocktails at Delorians. (Edit: or even DeLoreans)
- ayyy@sh.itjust.worksEnglish1 year
Holy moly those specs are remarkably similar to my 1st generation Prius.
- NιƙƙιDιɱҽʂ@lemmy.worldEnglish1 year
Now compare the gas mileage lol
Edit - Was actually curious:
Vehicle City Highway Combined DeLorean 17 23 19 Prius 42 41 42 I actually expected the DeLorean to be worse
- DahGangalang@infosec.pubEnglish1 year
Me too. That’s comparable to my dad’s old 4 cylinder Toyota Pickup (mid-80’s, so similar era). Smaller engine and wayyyy less power so I would’ve expected the pickup to get worse than the Delorean.
- Buffalox@lemmy.worldEnglish1 year
I’m not saying you are wrong in anything you state, and you make good points.
And yes you are probably right that the shortcomings compared to what was promised is the main reason sales didn’t go as expected.
But I think you don’t see it the same way as barneypiccolo you responded to.
Wasn’t the DeLorean design pretty iconic from the beginning? The fact that there are still more than 2/3rds of the cars built on the road today 44 years later does speak volumes to its favor regarding popularity IMO. Those were not cars that were bought, found insufficient and then scrapped. But instead have been maintained despite DeLorean hasn’t been around to supply spare parts.
Also the fact that the car had such a central role in the Movie Back to the Future, because it was simply such a cool car despite it’s flaws, what other car could they have used for similar effect?
Imagine trying to do that with the Cybertruck! The Cinema would most like burst out in laughter from claiming doing anything with a Cybertruck would be to do it in “Style” as Emmet Brown expressed it regarding the DeLrean. It would clearly be seen as a fat joke on how stupid the car is and looks.
So no the car wasn’t popular enough in sales for the number of cars DeLorean built, but it was never an unpopular atrocity like the Cybertruck is.Edit PS:
they had produced 7,000 units and sold 3,000
That’s not true:
https://en.wikipedia.org/wiki/DMC_DeLoreantotal production reached an estimated 9,000 units
And allegedly they needed to sell about 2000 cars remaining to continue.
- Klear@lemmy.worldEnglish1 year
getting spanked by a 1980 Chevy Citation (0-60 10.3) is not a good look
[Citation needed]
- cyberwolfie@lemmy.mlEnglish1 year
Their demise wasn’t due to lack of popularity, the company just had problems getting established, and ultimately didn’t survive its initial growth phase.
Hm, I thought their demise was due to them arbitrarily going back in time.
- NιƙƙιDιɱҽʂ@lemmy.worldEnglish1 year
FUCK I accidentally hit 88mph again. I’m going to be really early to dinner…
I’d fucking love to have a DeLorean; they’re bad cars but that’s where the similarities to the Cybertruck end. They’re just cool.
- barneypiccolo@lemm.eeEnglish1 year
Yeah, he was a larger than life character, and the end of the company was spectacular. Most companies end with a whimper, his ended with an explosion.
I have a little personal anecdote about the end of DeLorean Motor Cars. At the end, I was living in Cleveland, OH, where DeLorean’s brother had a Cadillac dealership, which also sold DeLoreans, of course.
When the company crashed, the government, or the bank, or the court, or somebody, was coming to take all the cars that were sitting in the factory parking lot in Detroit. The local news caught a helicopter shot of a long line of DeLoreans driving out of the lot, and down the road in a long line. They didn’t bother to follow them.
A few days later, it was reported that all the surplus DeLoreans were missing, and DeLorean was hiding them somewhere, and they showed the footage of the cars driving off.
A few days after that, I was taking one of my favorite shortcuts through Lakewood, the suburb where DeLorean Cadillac was located. My shortcut was a small road/alley, with far less traffic and lights, which went behind the businesses along the main road.
One of those businesses was DeLorean Cadillac, with a big parking lot behind the dealership. I’d passed that lot many times, and it was always a mix of Caddys and DeLoreans, but this time I saw that it was FULL of nothing but DeLoreans, packed in like sardines. I had no doubt that these were the missing DeLoreans that the authorities were searching for.
So, of course I notified the authorities where they could find the cars, right? Fuck NO. DeLorean didn’t seem like a bad guy, just a major dreamer who got desperate. I always kind of admired him. So I kept my mouth shut, and made the authorities find the cars without my help.
- HugeNerd@lemmy.caEnglish1 year
“nobody wants” or 60% of Americans can’t afford basic living expenses?
- 1 year
Why not both nobody wants them and 60% of Americans can’t afford basic living expenses?
- HugeNerd@lemmy.caEnglish1 year
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.
- HugeNerd@lemmy.caEnglish1 year
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.
- octobob@lemmy.mlEnglish1 year
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
- 1 year
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.
