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Good thing I plan on driving mine until I die. There’s no point in trading in/upgrading with that low of an offer.
I would be surprised if an incel camino lasts 3-4 years of regular driving.
Why is this the first time I'm hearing it called the "incel camino"? That's great.
Edit: Left out a word 🤦♂️
Because technically if you chose to buy one, you volunteered to be celibate. So there is no involuntary about it. They just don't realize it. They should have read the fine print of their fash wagon closer.
Honestly I think these are probably better designed and more durable.
Volcel Camino it is, then!
Or perhaps shortened to cel-camino
There's a good chance it'll kill the owner sooner rather than later, so it's an accurate statement.
This story combines like 3 headlines worth of bad news into one shit sandwich, and man the whole deal tastes like Schadenfreude feels XD
The media is no longer interested in putting a positive spin on Tesla, or any other Skum business. Every earnings call is going to be worse than the last one, which will just accelerate the decline. The damage to the brand image is irreparable, and directly attributable to Skum's irresponsible ego bender, and a brutal shareholder lawsuit is inevitable.
Tesla will be bankrupt in less than 2 years.
I see the same but cannot for the life of me understand how the stock isn't shitting the bed. The whole US market is irrational at this stage but Tesla is just ridiculous
A lot of people still believe Musk is some sort of tech genius, and he will revolutionize AI and robotics with Tesla.
But Tesla isn't even among the leaders in anything anymore, either Electric cars, or self driving, or AI/robotics.
Tesla boasted the most profitable car production a few years back, and people think he is also some sort of production of scale genius. But today Tesla is selling every car at a deficit!
Their profits comes mostly from selling CO2 tax credits and then some from financial gains. The main business is losing money already, and that will probably get worse as the competition out-competes Tesla heavily in China and EU, and only USA remains as a niche market for Tesla behind a protective wall of import tariffs.
I really think people are banking on him buying a public contract to make the government use teslas.
lol no.
It’s a meme stock.
He can keep Tesla stock high by doing something extreme. He just needs to keep being more extreme than the last time. Buckle up buckeroo.
I think his wild promise around the self driving taxi is protecting the value some. It'll never get off the ground though, and I think once that reality hits the stock will tumble again.
Thoughts and prayers to the wealthy attention-whore douchebags that were affected.
Maybe they can make their money back from YouTube videos tipping CyberTruck over cliffs etc
This won’t change even when he leaves the company. He and his companies are inextricably linked. He is the companies.
Liquidate Musk
Just passed a Tesla lot today and it was packed full of these trucks, and cars. All were covered in dust.
as they should be.
That’s just how they look clean. That metal doesn’t last. It also gets wobbly. Warpy? Like… it’s not that super flat metal anymore.
They look awful. Good.
Someone in my town owns a cybertruck. The metal started getting badly discolored so they painted it black. It doesn't look any better in black.
I read that as rust. thinking that must be some low quality stainless on those trucks.
Hilarious and deserved. They should have built something useful instead of overhyping a truck that can’t do truck things and gets bricked by rain or broken latches.
I don't really want one, but I'm tempted to go down and haggle.
"Really, given how unpopular they are and the unsold inventory, you should pay me to take one. It's costing you money every day it sits here... Stop the bleeding..."
“There’s a price I’m willing to pay to be seen as a Nazi supporter, but we aren’t low enough yet”
"You laugh, but $20 is $20, right?"
Last month, Chinese EV automaker BYD outsold Tesla in Europe for the first time.
Because they're actually good cars and they come in varieties other than sports. Tesla has always had this problem that as soon as real car companies come along their own vehicles start to look less appealing in comparison. Just look at the explosion of electric pickups. And then Tesla answer that with the cybertruck, seriously that was the best they could do?
They had it all their own way at first because there were virtually no other EV car manufacturers. That is now starting to change and they haven't responded to that threat in any real way.
And that's despite a 27 percent tariff on Byd by the EU, which is even more embarrassing for Tesla.
That's also Tesla's fault. They massively overprice their cars so that even when they're competing against a tariff their cars are still more expensive than the competitions.
Oh and BYD cars have actually decent self-driving capabilities. Not that it's 100%, but it's a lot better than Tesla's offering, and unlike Tesla you don't have to pay extra for it, it's just standard.
Good.
Not the collapse I’m hoping for, guess I gotta wait a little longer for that one.
I know new cars depreciate fairly quickly across the board. Does anyone know what the average is?
The industry average is roughly 20% in the first year. And then 5% to 15% every year after. Heavily depends on the brand, model and market conditions. Cult cars like the Tacoma, Wrangler, WRX, and MX5, hold their value well. Whereas high selling, popular cars like the 2013 - 2017 Ford Escape tanked hard. I remember reading an article about that one and it was only worth a couple grand after 5 years.
Escapes are pretty bad cars. My ex had one with just over 100k miles, engine cracked and started leaking coolant into one of the cylinders. Totaled the car with no accident.
I got a 2024 escape as a loaner vehicle and drove it around for over a week. It’s literally the worst vehicle I’ve ever driven with respect to driving feel. It felt like I was driving a schoolbus. It had such poor acceleration and handling; sticker price was like 70K, and I wouldn’t even pay 20K for one. Also, it was like 60$ to fill the tank. Like why lol.
The company only recently began accepting Cybertruck trade-ins, and a user on a Cybertruck owners forum reported receiving a $65,400 estimate on a 2024 all-wheel drive model with 6,211 miles, a roughly 34 percent depreciation rate in just one year.
The current new price of a Cybertruck is $60,990, so thats actually negative depreciation....
The AWD model costs 30k more.
When byd puts out a truck it's fucking joever
The new slate truck looks super cool. I don't want to support bezos, but a small affordable electric truck is what I personally want.
I just want something to run to the store with that doesn't burn gas.