Earlier quoted context omitted.
So far, they’re significantly negative on savings (the $140B they claim versus the $500B they’ve cost just at the IRS alone) and that’s taking the figures at face value when every sober review has found them wildly overstating the savings by doing things like taking credit for contracts closed during previous administrations, using the maximum possible amount on contracts which hadn’t spent anywhere near that much, o…
That $140B is a very concrete number with documentation to back up all 7279 line items in great detail. Nearly 1000x more than this $200M Cybertruck inventory. So yes, peanuts compared to the waste and fraud they've found. Your somewhat unrelated claim about the IRS is from a pay-walled source, and one that is historically rather biased against conservatism I might add. Are they claiming that the reduction in force r…
Tesla is sitting on $200M worth of Cybertruck inventory
41–49 of 49 posts
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#42Earlier quoted context omitted.
So far, they’re significantly negative on savings (the $140B they claim versus the $500B they’ve cost just at the IRS alone) and that’s taking the figures at face value when every sober review has found them wildly overstating the savings by doing things like taking credit for contracts closed during previous administrations, using the maximum possible amount on contracts which hadn’t spent anywhere near that much, o…
That $140B is a very concrete number with documentation to back up all 7279 line items in great detail. Nearly 1000x more than this $200M Cybertruck inventory. So yes, peanuts compared to the waste and fraud they've found. Your somewhat unrelated claim about the IRS is from a pay-walled source, and one that is historically rather biased against conservatism I might add. Are they claiming that the reduction in force r…
https://www.propublica.org/article/doge-government-waste-fra...
Are you comfortable tallying their $8 Billion -> $8 Million typo to count as savings?
https://www.pbs.org/newshour/show/a-look-at-the-misleading-a...
They’re using DOGE to do something that avoids accountability.
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#43Earlier quoted context omitted.
Tesla, the DeLorean of the 21st century. Or maybe Edsel. Or Tucker.
The DeLorean was a beautiful car, though! And they've actually gone up in value, by quite a bit. $90k-$190k used, $25k new. Which is curious, since a decade ago, they were quite cheap.
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#44Earlier quoted context omitted.
Perhaps. I don't see how he thought this was going to save his empire, though. Trump's crowd hates electric cars. Environmental concerns are to them what pork is to pious Jews and Muslims, beef to Hindus. Rolling coal is their sacrament. The refrain at Trump's rallies was "drill, baby, drill". And this has been the case -- not the refrain, but the attitude -- since the 60s. So how was Trump ever going to save "Tesler…
Does Musk's thinking make as much sense as people intentionally voting for massive new taxes? Peter Navarro said that he expects Trump’s tariffs to bring in $6 trillion in revenue over the next decade. The MAGA economic miracle is actually the largest tax hike in US history --- to be paid entirely by US voters/consumers. Nothing about MAGA (or Musk) economics makes any sense. In the words of Warren Buffet, the tooth…
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#45Earlier quoted context omitted.
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.
> And it would’ve sold like hot cakes. I still don’t think it would have. It’s useless for anyone who’s pretending they might haul stuff. It’s worse than useless off road. And it’s too small to appeal to the dudes who buy dualies to take their kids to elementary school. Your first sentence is 100% dead on, except that it also completely failed to solve any of the problems people actually have (or, at least, problems…
Ford’s F150 Lightning had a 2 year wait list. So there definitely was a market.
I’m not one of these people but just in my circles I had a neighbor who’s a lawyer who considered one, and another that’s a marketing exec.
And another friend who’s in IT pre-ordered a cyber truck.
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#46Earlier quoted context omitted.
Does Musk's thinking make as much sense as people intentionally voting for massive new taxes? Peter Navarro said that he expects Trump’s tariffs to bring in $6 trillion in revenue over the next decade. The MAGA economic miracle is actually the largest tax hike in US history --- to be paid entirely by US voters/consumers. Nothing about MAGA (or Musk) economics makes any sense. In the words of Warren Buffet, the tooth…
A -2% effect on GDP would make that a wash. So, for Trump to satisfy Navarro, he needs to beat 2% GDP growth, which he routinely could in his first term. Biden was often double Trump’s GDP growth rate.
Hard to grow GDP while also working to isolate the US economy from world markets.
This won't end well for most people --- but especially not for MAGA voters.
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#47>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.
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#48Earlier quoted context omitted.
> And it would’ve sold like hot cakes. I still don’t think it would have. It’s useless for anyone who’s pretending they might haul stuff. It’s worse than useless off road. And it’s too small to appeal to the dudes who buy dualies to take their kids to elementary school. Your first sentence is 100% dead on, except that it also completely failed to solve any of the problems people actually have (or, at least, problems…
Well there are a lot of people that buy pickup trucks in America that aren’t in trades, etc. Ford’s F150 Lightning had a 2 year wait list. So there definitely was a market. I’m not one of these people but just in my circles I had a neighbor who’s a lawyer who considered one, and another that’s a marketing exec. And another friend who’s in IT pre-ordered a cyber truck.
There’s just no use case, IMO, where it sells to anyone who isn’t fully into what Elon was or currently is, or who didn’t buy the bullshit (self-driving, etc).
The F150 was the perfect electric truck - it can do real pickup things, but it also hits all the sweet spots for people who want a truck but don’t really need one (and who are willing to spend the premium).
Re: Tesla is sitting on $200M worth of Cybertruck inventory
#49For comparison... >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.