I will feel a lot better when their stock price goes much, much, much lower. Sure they are down 40+% in the past 3 months, but they were WAY too high prior to that.
Their P/E should be in the single digits if they were like most American companies. Until I see that, I’ll know that they are nothing but a fucking chud memestock.
What’s going to be really funny, is when it becomes worthless.
See, most of Elon’s money is in Tesla Stock, stock that he manipulated by telling tall tales of colonizing Mars.
In order to buy Twitter he had to take out a loan for the money and use his Tesla stock as collateral. Now, the thing about that is, the stock is only able to serve this purpose because it’s worth so much. If it wasn’t, then Elon basically defaults on the loan.
This means he will no longer own Twitter, his bank will.
He’ll be forced to sell SpaceX to cover the loans.
They’re still up 25% year on year.
That was an insane rally and crash though.
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Yeah, if you compare their P/E ratio to any other car company…it was and is just nuts. They are in the triple digits last I checked, while many car companies are in the single digits/low double digits.
It’s gotten a tad bit closer to reality, but still needs adjustment, IMHO. I think the price of the stock should be at about 1/10th of what it is at now…I think a lot of it has to do with people buying into Musk’s bullshit and whole lotta stans in the day trader manosphere.
But it has a real Gamestop vibe to me…
If you were foolish enough to buy a Tesla, and too dumb to get rid of it already, make another poor decision and go to https://stealmytesla.com/ for the final solution to your problem.
I’m imagining situations like that episode of Seinfeld with the BO car. He couldn’t even get people to steal that thing.
So much crazy shit has happened this year that for an honest second, I was dead set in believing this was real. I feel like there are some people that are this desperate. But unfortunately I’m cursed with the power of reading for more than 10 seconds.
The site is well done. I wasn’t sure either until I saw the lady with a balaclava and a headset. 😂
Oh yeah that shit made me crack up and I knew it was fake, but it’s funny to imagine.
What a time to be alive
The swastikar idiots need to be called out constantly. They know exactly what they are doing. There are no coincidences. These are the willing participants in the far right agenda….
If they could afford a Tesla in the first place, they can afford to replace it.
I dont know about afford, surely there’s some idiot who took out a loan for this
my ex worker with a guy who took out a 90k loan for some other shitty backleds SUV and literally had to get a second job to pay for it. think started to break down like two months later lmao
I imagine Trump will buy the useless cyberdumpsters and give them to cops to use. They are such badly engineered and frequently broken POS’s I wouldnt even mind. Let “law enforcement” deal with them.
You seem to imagine pigs out there suffering some burden. That burden will simply be the taxpayers. 🤯
I think by “Let ‘law enforcement’ deal with them” they’re referring less to the cost than to the functional unreliability.
Then you’d think maybe they’d have a problem with the shitbags themselves.
I don’t gather your meaning.
The shitbags known as police are bastions of functional unreliability.
Okay? But what are you talking about
Then you’d think maybe they’d have a problem
Who is “they”?
NM
That would just make it so minorities will be driven around in that death box.
You got me there.
god i hope every cop cuts themselves on the edges
Minor correction; trump won’t buy them, the American taxpayer will buy them.
I wonder if the cybertruck will be the Delorian of the future.
Well no, it won’t because people actually like the Delorian due to it being redeemed by one of the greatest time travel movies ever made.
We can make it happen with the Cyber truck!
BACK TO THE FÜHRER starring Kid Rock as Marty and Musk as the Doc and the truck doesn’t make it.
Here me out. What if they remaster back to the future and the plutonium guys at the beginning drive a cybertruck instead of the white truck?
Was the delorian hated? Why?
Mostly because it had a garbage engine. The one they used in the movies was modified with a much better engine.
The fact that the real Delorean couldn’t do 88 miles per hour was part of the joke.
Ah okay.
I have no idea about cars or engines
Yeah, the reason why they chose 55 mph in the movie is that was the max speed of the car (if i remember right)
Also the way the doors opened were pretty inconvenient
It was 88 mph, which is a speed that the original engine for the DeLorean was not capable of.
The flux capacitor is activated when it reaches 88mph. They had to add a digital speedometer because the Delorian’s only went to 85.
That was typical of cars made (for US market) in the early to mid 80s… Can’t remember for sure if it was part of the whole national 55mph speed limit, but I’d bet it was.
it wasn’t a good car, It just looked unique.
The suspension had to be raised to meet new pedestrian safety standards. This ruined the handling.
They couldn’t get the engine they really wanted (a Mazda rotary) and had to go with a GM piston engine instead. Then, new US emissions standards hit and it had to be downrated to meet those. EU models were better, though engine design in general was kinda in the shitter around this time.
People think it’s heavy because of the stainless steel, but those are thin panels over fiberglass. Its weight is in the same ballpark as what Ferrari was putting out at the time.
The first alternator they used did not have enough power for all the accessories to be on at once. People got stranded at night because of this, including Johnny Carson (who was an early investor). These were upgraded later.
Then there’s some manufacturing difficulties. The early models have creases embedded on each side of the hood. Forming the stainless steel that way often broke it at the factory. Later models have a completely flat hood.
As the company’s finances dwindled, DeLorean himself was caught in an FBI sting operation where he was accused of selling drugs to try to keep the company afloat. This ended up being a setup by the FBI–with Larry Flynt coming to the rescue, of all people–but it plunged the company’s reputation even more.
It was a shitty time to make a sports car. Lots of stuff happening at once that made them bad at what they are. Make it 5 years earlier or 5 years later and it’s an entirely different story. Even that might be generous; 1980s sports cars are known more for their angular looks than actual driving ability. It wouldn’t be until the 1990s that companies started to figure out how to work within the new regulations. Then you get legendary bangers again like the Supra MkIV.
It wasn’t hated. It just wasn’t a good car.
You misspelled Mandalorian
Looper, right? /s
Probably not, the Delorean was pretty cool even when it was new, I believe.
Also, a Cybertruck is massively complex, so keeping an old one running would be difficult.
Pretty sure there’s probably a Killswitch built in so that it won’t run past a certain date without giving Tesla more money, so once the company tanks they’ll all be dead in the water.
Like an iconic vehicle they make movies about?
A colossal failure that’s only remembered as a joke.
The DeLorean was 95% of the way to a brilliant car. The last 5% killed it with a combination of bad market timing and a few questionable parts selections. Most of those issues had been worked out after the first 3000 units, but the company’s reputation was in the shitter by then.
The FBI sting was a complete hoax.
There is no saving the Cybertruck. It’s poorly built, ugly, and comes from a company run by a narcissist.
Yes, let the hate flow through you, young Padawan.
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Well, it is iconic and will be used as a metaphor years from now when people start making movies of this era.
They won’t find a single one to film.
On the global scale the Cybertruck is an incredibly niche American thing.
It’s only ever sold 40 something thousand units since 2023. That’s ridiculously low.
For comparison, Toyota sells some 11 million vehicles a year globally. And just in the United States, Porsche yearly sells some 70k units. That 40k Cybertrucks is from three fiscal years
Yeah but it is famous loke the pinto, anf easy to recognize loke the delorean, and easy to make a prop version of.
The fuck is a ‘loke’?
Like. I and o are next to each other on the keyboard
They can make replicas
Sure slapping a few pizza boxes together and painting it silver would make a convincing enough replica, but why would anyone bother?
To make a movie.
No no. Why would anyone bother to put one in their movies in 20 years?
That’s like saying they’d have people wearing Apple Vision Pro’s in 20 years. Why? Wasn’t a big product. Just an overhyped one which utterly failed.
Perhaps as a meme to how shit it is but it’s definitely not “iconic to the era”.
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More probably the Edsel or Yugo, but with the quality of a Lada.
Well, the production of the cybertruck certianly smashed the delorean.
Womp womp. Glued together piece of scrap plastic
Expect another round of " incendiary device" burned down our “trucks”.
Insurance investigators may yet bring us some justice.
There was Dealership near me that had a bunch of their teslas keyed and damaged and smashed. Curious. Now that dealership can claim insurance money on the cars he can’t sell!
Maybe but it is up 17% right now. Are investors really this stupid?
This relates to the “zigzagging spikyness” you often see with the stock market. Each time a stock falls, many people are going to ask themselves “Hey, do I think that other people are wrong about this property being worthless? Maybe this is a good chance to buy, before they bounce back.”
There’s a mental appeal to the middle, it’s just a question of what the correct “middle” is. That’s also why many investors were cautioning people against selling during Trump’s week-long tariffs (of course, if you believe the USA is on its last legs, that may be a good idea). You’re probably seeing those purchases from those that feel the Tesla Takedowns will run out of steam, which is why it’s important to keep them up.
How do you think previous recessions happened? They are gambling with other people their money.
Are these pieces of junk for sale anywhere outside of Trumpistan? I travel all over the EU for work constantly and I’ve never see one over here, ever.
I don’t think they’re legal in EU, couldn’t pass the safety tests.
Makes sense.
they tend to fall apart
Last I heard, sales were down 94% in Germany, so that means they are, technically, for sale in Germany. I think they’re very different than American ones though
Teslas are. Not Cybertrucks.
Ah, that makes sense.
Cybertrucks aren’t street legal in stock configuration in Czechia, however I’ve seen one idiot on Facebook who bought one and paid about the same as the car on top of it to make it street legal. It looks even dumber lol.
Find pictures and share, please. I want to gaze at the monstrousity and laugh with schadenfreude.
He managed to make it even uglier.
It’s like sprinkling glitter on a turd, it’s still a turd.
Except, it isn’t glitter. It’s more like puking on a turd.
https://www.instagram.com/cybertruckvcesku/feed/
The whole profile is pure insanity.
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I’ve never seen one in Australia. They don’t meet the ADR (Australian Design Rules) so they literally cannot be sold except for use on private land - a farmer could drive one around their field if they so desired. When asked about international sales Musk said he didn’t want to design it for a global market because that would “make the design worse” which is really saying something.
This article is from last year but still applicable. Given sales and events since then I think the title can be updated from “any time soon” to “ever”, and that warms my heart a little. https://www.drive.com.au/news/why-tesla-cybertruck-not-coming-australia/
So glad we don’t have the cyberfuck in Australia, the stupid massive pickups are bad enough.
EU banned them from the streets, as they arnt safe i believe, it doesnt follow thier regulations.
Well, not banned explicitly, they just didn’t pass the safety regulations all vehicles must adhere to. Main issue is pedestrian safety, due to the sharp edges of the panels.
The UK won’t allow them at all. Recently, someone imported one elsewhere in Europe. When they brought it to the UK, it got seized as dangerous. Even though it wasn’t even UK registered. I believe several other countries view it in the same light.
I’d actually be surprised if they even fit on a lot of European roads.
I’d actually be surprised if they even fit on a lot of European roads.
Tbf that applies to a lot of the newer SUVs.
I see entirely too many of these pieces of shit in Vancouver.
They are all over the place in Norway.
Saw one in Canada
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They haven’t moved for months at the Gilroy Ca dealership. There’s been a line of about 20. That I bet have gone fully dead from their hazard lights going off endlessly. I wouldn’t touch those with a 20ft pole. If I ever get an EV I’ll just get the Mustang. Since I own a Mustang. Keep it in the family.
I’m not interested in a Mustang, but I am interested in doing an EV conversion at some point. I do appreciate that Ford is selling the Mustang EV transaxle as a crate engine.
I had not heard of this. I’ll have to look into it.
Wonderful!
ioniq 5, ive seen that alot.
Have they tried covering them in garlic?
Garlic is always the answer.
To cover the stench?
If I ever get an EV I’ll just get the Mustang.
That’s not a real Mustang, is it?
No. Not at all. But it’s not a bad vehicle either.
In a few decades we’ll get a new Back to the Future movie.
Doc, you made a time machine, out of a cybertruck?
If this baby hits 88mph you’re gonna see some serious shit…fall off.
lol
lmfao even!
The potential for multiple insurance scams is huge. I’ve seen 3 in the wild and no fucking thanks.
We could convert them into recycling bins.
