• limonfiesta@lemmy.world
    link
    fedilink
    English
    arrow-up
    135
    ·
    2 months ago

    All 173 of them.

    Yes, you read that correctly:

    Tesla only sold 173 of the Cybertruck RWD base model.

  • Glytch@lemmy.world
    link
    fedilink
    English
    arrow-up
    24
    ·
    1 month ago

    The Cybertruck is the perfect metaphor for modern-day America.

    Falling apart.

    A danger to everyone, both inside and out.

    Spontaneously catches fire.

    Many of its passengers are trapped inside.

    Described as the best thing ever by the worst people ever.

    There’s probably more

  • Tyrq@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    22
    ·
    edit-2
    1 month ago

    No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.

    The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow

    • teyrnon@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      19
      ·
      1 month ago

      The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.

      • Tyrq@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        5
        arrow-down
        1
        ·
        1 month ago

        I wonder how long that can continue, somethings gotta give with all these straws they keep adding to the struggling camel, one assumes anyway

        • teyrnon@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 month ago

          Right? But it’s been like 7 plus years, longer really, at some point the FED and USG (US government,) won’t be able to hold up this house of cards. But when?

          The sad fact is they will bail these assholes out on our backs too, another straw, with the promise of trillions of straws on our backs. Something has got to give here. We are on an unsustainable path.

  • cecilkorik@piefed.ca
    link
    fedilink
    English
    arrow-up
    20
    ·
    1 month ago

    It’s a safety feature. You’re actually safer once the wheels fall off, because it can no longer go anywhere.

  • teyrnon@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    20
    ·
    edit-2
    1 month ago

    The stock market is clownicized. That the flagship product of this company being dogshit, whose intrinsic value can’t exceed 10 billion didn’t tank the stock price that is currently valued at 1.5 trillion dollars, that gave the ceo 60 billion for hyping the stock price without producing actual income to justify that, well, it speaks for itself.

    I would argue our bail outs are a factor in this, investor’s don’t fear a major downturn and are more reckless, knowing any large losses will be socialized from the backs of working people, their victims, while all gains are privatized.

    • MalReynolds@slrpnk.net
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 month ago

      Price to earnings is a sanity check. There is no sanity here (Tesla), nor does it apply to many such corpos, line must go up! The only sanity is (insider) knowing enough to get out at the right time, if you don’t, you’re the product (fattened pig).

  • MushuChupacabra@piefed.world
    link
    fedilink
    English
    arrow-up
    16
    arrow-down
    1
    ·
    2 months ago

    In a normal company, insisting on bringing the cybertruck to marked would have resulted in the CEO getting punted.

    • HuudaHarkiten@piefed.social
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 month ago

      Indeed it is. If it had amazing capabilities and performance off road, if it was bulletproof, if its body panels (and apparently wheels) wouldnt fall off, if it had perfect self driving capabilities… It would still be stupid.

      But it doesn’t have any of those tings. Its extremely stupid.

  • Tollana1234567@lemmy.today
    link
    fedilink
    English
    arrow-up
    7
    ·
    1 month ago

    It RUSTS easy, it slices hands, and deer in half, it works half of the time. it traps you in the car turning it into a COFFIN and might catch on fire.

      • Soup@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 month ago

        Because they were very expensive and it’s nearly impossible to find other chumps who will buy them. They also stand out exactly like one would expect so even if you only have one or two in your city you’re going to see them every time they’re anywhere near you.

  • ulkesh@piefed.social
    link
    fedilink
    English
    arrow-up
    6
    ·
    1 month ago

    A-hahahahahahaha. AHAHAHAHAHAHA. AHAHAHAHAHAHA!!! breathes deeply AHAHAHAHAHAHAHA!

    I didn’t realize they offered a NWD option.