“$800 million worth”?
“Nobody wants”?Sounds like creative accounting…
I have $800M worth of lint in my belly button, apparently
They tried that in Canada and got caught. They’ll get a free handy for doing it in the US under Tump though.
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.
Correction. They are worthless. lol.
yeah, if nobody wants them, then they are worth 0 dollars net
The photograph that says it all. Let’s remember Elon Musk for the Nazi that he is.
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.
The hand on his heart really does make you think twice about the meaning though, just like it did with that other guy.
Am I the only one that sees Adolfo “using” it and Musk “feeling” it?
Wow. I had no doubt it was a salute, but seeing them side-by-side is chilling
If nobody wants them… they are not worth that amount. simple economics.
supply and demand…
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.
You could rip the batteries out of them and use them for a solar setup. The rest could be sold for scrap.
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.
There are a lot of videos of the frame cracking from mild outdoor use, which instantly totals the whole vehicle.
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
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.
$15000 is rookie numbers.
I can offer $150 for one!
Time to play…”WHO DO YA BAIL OUT! HUBBA-HUBBA-HUBBA, MONEY-MONEY-MONEY…WHO DO YA BAIL OOOOOUUUUUUUUT?!”
Next week: US Department of Defence announces purchase of fleet of Cybertrucks.
If nobody wants them, then they are worth $0.
Elon underestimated how willing people were to buy a truck from a nazi.
I think its crazy that they made $800 mil worth of these cars. Who the hell thought they would sell well?
I always thought he was making them as a limited high-end run. It’s neither of those things.
Oh its gonna be limited thats for sure. But yeah I had very similar thoughts as well. Theres one cyberfuck in my town and every time I see it I can’t help but think what a fucking goober one must be to buy it
That’s 80,000 vehicles. The production capacity is 250k. Ford sold 460,000 F-150s last year.
Chrysler had an inventory of over 1 million last year, they’ve ran through that by March.
Chrysler had an inventory of over 1 million last year, they’ve ran through that by March.
That’s insane considering Chrysler hasn’t made a decent vehicle in 20+ years and the majority of them are just as big piles of shit as the cybertruck.
They don’t charge 100k
They had a ridiculous number of people putting in a deposit to reserve one, about two million reservations according to this: https://insideevs.com/news/687142/tesla-cybertruck-2-million-reservations-crowdsourced-data/
I guess they came to their senses.
If the talk about Cybertrucks actually rusting in the rain is true, they will be worth less and less and less…
I’ll pay one thousand dollars cold hard cash for a new cybertruck
To salvage the materials and resell them or build something else from it?
I hadn’t thought about it that much, but I might put in in the yard with that camper top thing and maybe use it for a backup electricity maybe get a rooftop solar panel I have no idea.
(Edit: I mean a cool solar panel on my house that charges the Tesla truck during the day and using the Tesla to run the washing machine and dryer at night) like a thingee to store power and have a cool camper in the driveway… if I got a new truck for 1k I would do the other stuff lol)
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Narrator: …
He’s right behind me isn’t he
“$800m”… If nobody wants them, they’re not worth anything.
it cost them something to make…they arent completely valueless
There is such a thing as the whole being less than the sum of its parts.
Also something called value add… almost no item in modern commerce is sold at cost
And some of them just don’t sell because even at cost they are crap
cost != value
Angry Labour Value Fundamentalist Noises
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.
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.
Strip out the bad stuff and drop them in the ocean and they can become reefs for fishies and their buddies?
Strip out the bad stuff
What’s left after that?
A hole in the air.
“Zero Emissions” has never sounded so sinister.