108
Cybertruck sales are disastrous. Tesla sold ~10,000 in the fourth quarter. (electrek.co)
submitted 2 years ago by to c/news@hexbear.net
39 comments fedilink hide all child comments
 

Emphasis theirs.

It has been hard to track Tesla’s sales because the automaker is the most opaque when it comes to breaking down sales per model. Tesla bundles sales of Model 3 and Model Y together and all other vehicles (Model S, Model X, Cybertruck, and Tesla Semi) into its “other models” category.

Today, Tesla released its Q4 delivery numbers and confirmed that it delivered 23,640 units of its “other models.”

Based on how Model S and Model X sales have been tracking, we estimate that Tesla delivered between 9,000 and 12,000 Cybertrucks in Q4, which is likely less than in Q3 despite launching the cheaper non-Foundation Series models and opening orders beyond those with reservations.

all 39 comments

sorted by: hot top controversial new old
[–] 98 points 2 years ago (2 children)

I hear the rentals are booming.

  • permalink
  • fedilink
  • source
  • hideshow 2 child comments
    •
    • [–] 57 points 2 years ago (13 children)

    I remember when Tesla's days were supposed to be numbered, like, five years ago. I don't think market fundamentals matter anymore. If you have enough money you can just do whatever you want and your company will go to the moon

  • permalink
  • fedilink
  • source
  • hideshow 13 child comments
    •
  • [–] 22 points 2 years ago (8 children)

    IIRC the company is still way overvalued relative to their actual production as compared to other car companies, it's just that even with the decline when Musk became an open nazi, there are still enough rich tech-bros supporting him and buying shares to keep the price high.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 8 child comments
    •
  • [–] 20 points 2 years ago (7 children)

    It's not even tech bros, many, many 401k's and other funds include Tesla because of the stock performance. If the company were to tank it'd have significant impact on the entire country. They're literally too big to fail

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 7 child comments
    •
  • [–] 3 points 2 years ago

    Too big to fail implies the government will prop them up when it fails. I can't see that happening. There are simply no assets, no employee base, it's all fluff.

    Reminds me of Enron. The clues are there but everyone chooses to ignore them so they can make money today.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 6 points 2 years ago

    The thing with companies crashing is it only happens once. The longer this one stays over valued the harder the tumble will be.

    I predict the overall stock market is going to get hit hard around this one. With a trillion dollar market cap, it's not just frat boys and speculators who own this stock.

  • permalink
  • fedilink
  • source
  • parent
    • [–] 39 points 2 years ago (8 children)

    There’s a service center near my house with probably 100 of them sitting on a field next to it. I always wonder if they’re waiting to go to whoever bought them of if they’re just sitting there jic. But there’s been a pile of them for a couple months now

  • permalink
  • fedilink
  • source
  • hideshow 8 child comments
    •
    • [–] 35 points 2 years ago

    I guess pointing and laughing at every Cybertruck is paying off keep it up comrades

  • permalink
  • fedilink
  • source
    •
    [–] 31 points 2 years ago

    NGL, I thought these pieces of dung were supposed to be like high end rarities. I didn't realize they were actually putting them out en masse, or attempting too at least. Seeing 2 of them around town has me luau

  • permalink
  • fedilink
  • source
    •
    [–] 25 points 2 years ago (1 child)

    tfw you make a bunch of ugly, extremely unreliable cars that sell for an extremely high price and nobody buys them doug-point-cry

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
    • [–] 23 points 2 years ago

    That's 10000 too many though

  • permalink
  • fedilink
  • source
    •
    [–] 23 points 2 years ago*

    Woke did this

  • permalink
  • fedilink
  • source
    •
    [–] 20 points 2 years ago (1 child)

    every goddamned one of them is in the bay area then because you can't go anywhere without seeing one

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
    • [–] 16 points 2 years ago (1 child)

    hypersus

    Yet Tesla stock keeps going up?

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
    • [–] 16 points 2 years ago

    Fedora M’lady ass car

  • permalink
  • fedilink
  • source
    •
    [–] 11 points 2 years ago

    I saw a lime green one the other day, gave the driver the finger as they passed. Feels good knowing EM has access to that data and his caged AI is being trained on it

  • permalink
  • fedilink
  • source
    •
    [–] 5 points 2 years ago

    How long until they're bricked?

  • permalink
  • fedilink
  • source
    •