Tesla Cybertruck deliveries set to begin on November 30

[OortCloud]

The sort of car a Kardashian or Kanye would drive around in. Built by a w4nker for w4nkers.

 

[nulll]

You have very interesting definition of the word "few" considering Tesla has been profitable for the 4+ years straight (that's 16 quarters) and 5+ years of 13 years it's been public. Furthermore, I don't see how you'd find it valuable to compare the financials of a company when it produced 0-1 models of vehicles to when it's sold several models and claim that it will fall back to that. Even if it did, this YTD alone Tesla produced enough net profit to fund its entire startup phase existence of $6.5B in net losses. They also have $26B of hard cash and $94B of assets.

No one else is close to this level of operations from EVs. BYD is the closest, but they are only breakeven profitable like every other major automotive company ICE business. Can you provide a counterexample of a competitor successfully generating profit from its EV business? All of them are losing money on EVs--they're doing so because selling vehicles at a loss is the only way customers can take them seriously. The established automakers have been taking Tesla seriously for quite some time, they've just lost their competitive edge.

Thanks my good man, you saved me from having to be the one to deploy the facts in the conversation!

I'll say it again to the folks still only getting their news about the EV space from US outlets. With the possible exception of Forbes all US outlets have taken a clear and obvious anti Tesla (Musk) stance regardless of the publicly available financial facts of the matter. Many of these outlets are advertising partners with legacy US brands like GM and Ford who receive millions of dollars a year from running advertising campaigns, call me crazy but considering Tesla has only advertised for the last 2 quarters and in an extremely limited manner. I would suggest everyone currently swimming in the US media narrative take a few moments to perform a basic logic flip on your views regarding Tesla and apply them to either Ford or GM. Both companies are bleeding money to the point of spinning down product lines such as the F150 Lightning, Mach E (I can't bring myself to call it a Mustang, besides how much better is just Mach E!) and Bolt. Yes there supposedly is an upcoming Bolt but it has no timeline, released specs or even a suggestion of exactly which plant it will be built at as there have been several suggested with no specifics.

Then there is the big one, GM just announced a 2 year delay on their electric trucks citing provable nonsense surrounding limited demand. This is at least a bait and switch that is questionable by the SEC and at worst their guilty as sin for faking future products as stock manipulation play. GM's stock is down a hair over 50% since they announced their EV truck plans not to mention they're long term debts are currently over 200 Billion or roughly 5 times what it was when they last went bankrupt in 2008 (Tesla is cash flow positive to the tune of ~26B growing further positive by several billion per quarter). At this point I'm genuinely asking kids, do any of you actually read the financial white papers of these companies before venturing into the commentary section? Like seriously, a few of us are trying to purvey facts here and we keep coming up against a wall of folks fervently convinced that Musk stole their lunch money or something. The data publicly available for all of these companies according to SEC regulations cuz wait for it they're all publicly traded companies! I don't own a Tesla or any other product produced by one of Musks companies (Though starlink should be cool if I ever get that silent yachts co. electric catamaran I'm lusting after).

The day the UAW went on strike GM, Ford and Stelantis were doomed, anyone with a calculator and a spread sheet can work this out for themselves. At best they're forced to merge under some time of special chapter 11 same as 2008 with the middle class bearing the brunt of their unmitigated stupidity of management AGAIN!!!

Yes Tesla got piles of US tax payer dollars and they built the most reliable charging network on the planet that all other brands have signed on board with, they built the best EV's on the planet, read or watch a non US review or ten. Funny how the reviews in the US published magazines and websites turned against Tesla (Musk) about the time he dared to joke about his fealty to the currently in power US political party? Almost like all of the owners of those publications have a multi decade history of donations to the that same political party Musk joked about, awww never mind I'm sure it's totally unrelated and not the perfect example of the crony capitalism gate kept garden that the US has been sliding ever closer to becoming.

The world isn't bi-modal kids, that's not how it works outside the US or in the rest of the know universe. It is becoming rather fatiguing to continue to explain color to willfully blind men.

The article here by Techspot is well written and perfectly accurate to the statements made by Musk in the Q3 earnings call, Q3 went just about exactly how he warned it would during the Q2 earnings call almost like they had planned it that way or something? A rare example of a CEO willing to say the hard part out loud for all to hear! I suppose you might prefer Mary Barra lying endlessly about "plans" that never come to fruition or constantly playing games of bait and switch with naming conventions to avoid anyone actually realizing they don't have a plan over at GM. C'mon kids we're all adults here, do the reading and maybe desist with the short sighted infantile antics for a change,

https://www.macrotrends.net/stocks/charts/GM/general-motors/debt-equity-ratio

https://www.fool.com/earnings/call-.../tesla-tsla-q3-2023-earnings-call-transcript/

https://www.youtube.com/@SolvingTheMoneyProblem/videos

I wouldn't normally cite SMR (solving the money problem) here as he's intentionally edgy buuuut he's also exceedingly succinct and some folks really need a good old dose of no BS reality regarding exactly how much the average US citizen is being mislead regarding how screwed the Detroit 3 are. This is not a win or a gotcha for anyone, not in the US on either political pole or anywhere else in the western world, this will send shockwaves through the economy and obviously society as well. They did however sit on their laurels for decades and it has become nearly inevitable at this point, at least for those of us who are petrol heads and had a GM sports car as a play pen while their father worked on it during the weekends as a child can rest easy in the knowledge that the greatest engineer that GM ever had finally got his mid-engined world beating Corvette before the company he shaped went down in flames.

 

[nulll]

For a US publication that does great work on a broad coverage of the EV space I'd suggest Electrek, 7-8 minute videos on their Youtube channel with clearly cited date every video and full sourcing on their website. They've been referenced here on Techspot several times which put me on to them. Yes they're Tesla heavy in content because Tesla is roughly 70% of the EV market outside of China. Besides Mikey G is the stoic man!

 

[Plutoisaplanet]

I wouldn't normally cite SMR (solving the money problem) here as he's intentionally edgy buuuut he's also exceedingly succinct and some folks really need a good old dose of no BS reality regarding exactly how much the average US citizen is being mislead regarding how screwed the Detroit 3 are.

Lmao yes SMR is something else. Take his videos with a grain of salt because he’s extremely pro Tesla, but you’re right that much of the media has a bias against Tesla (to varying degrees).

For a US publication that does great work on a broad coverage of the EV space I'd suggest Electrek, 7-8 minute videos on their Youtube channel with clearly cited date every video and full sourcing on their website. They've been referenced here on Techspot several times which put me on to them. Yes they're Tesla heavy in content because Tesla is roughly 70% of the EV market outside of China. Besides Mikey G is the stoic man!

Yeah Electrek is heavy on Tesla news but they are not biased toward Tesla. Many of the writers have US political polarized bias (especially Michelle Lewis), but Fred and Seth are also the most established (lead editor and owner) and their biases are not political. They’re willing to harshly criticize Tesla when appropriate and have done so many times in a fair manner.

 

[captaincranky]

I believe the Cybertruck is a worthy successor of the Aztek, faithfully carrying the ugliness torch forward.
Come to think of it, a fully electric DeLorean would be pretty cool.

Well OK, the "Aztec" is long forgotten. In fact, I can't reliably tell you the name of the manufacturer. (IIRC, Pontiac)?

As for the Delorean, I doubt the many who've seen it consider it "ugly". To be sure, it was overpriced, under powered, fairly impractical, while appealing to a limited buying demographic, but certainly not "ugly". It would have been a monster performer, had it been equipped with a small block Chevy engine, preferably, (IMO) the 300 HP 327 CI.

To some extent, "a cool electric Delorean" already is, (provisionally), "back".

https://www.npr.org/2022/05/31/1102139155/delorean-motor-company-electric-vehicle

I'm not sure how anyone could possibly compare the aesthetics, or use it as a point of reference to this monstrosity:

Musk should have shot one of these into orbit instead of his sports cat. But then, the "dummy's head", wouldn't be sticking out to offend any alien lifeforms that encountered it.. "Let's invade earth", to which the alien commander replied, "yuck, why bother"

BTW, the only thing that springs immediately to mind when I hear the name "Aztec" Is Piper's light twin aircraft: