Cybertruck now priced starting at $75,000

Jeff,
You can't make sense many stock market actions. Look at that Vietnamese company that sold stock and now the stock is capitalized more than GM and Ford. But yea-a good return on investment.
Ya hafta wonder what is wrong with GM, Ford, MBZ, etc. Their stock grows at a snail's pace, at best.
 
Ya hafta wonder what is wrong with GM, Ford, MBZ, etc. Their stock grows at a snail's pace, at best.

They build in the same mistakes, over and over again. I'm an old guy and I've seen this pattern repeat for 50 years. Interestingly, for about a year, I worked at a small factory that built a unique bespoke car. We never built in any of the flaws the major manufacturers did.
 
Which reminds me. Yesterday I was shopping at a large discount store and was in line with a couple of guys from Ireland going to Burning Man. I've never been but have seen people coming back as well as having been in Reno around that time and even renting a car. Taking a rental car on the playa can result in penalties for cleanup and/or damage. I remember when I rented a car, there was a prominent sign saying there would be a steep cleaning fee if any "playa dust" was found on a rental. When I saw vehicles coming back (often pickups) I'd see all sorts of equipment (including bicycles) that were absolutely covered in dust along with dust all over.
I went in 2004 in a black Pontiac Aztec. Drove from BC down to the site with 5 people and 5 bikes on top plus tons of supplies. Fuel mileage was about half of usual with the weight and drag.

I can confirm that it took about a day and a half of effort to clean the dust and I had a glow stick leak in the centre console - that never went away.

Incidentally, that was a terrible vehicle and I haven’t seen one on the road for many years!
 
I went in 2004 in a black Pontiac Aztec. Drove from BC down to the site with 5 people and 5 bikes on top plus tons of supplies. Fuel mileage was about half of usual with the weight and drag.

I can confirm that it took about a day and a half of effort to clean the dust and I had a glow stick leak in the centre console - that never went away.

Incidentally, that was a terrible vehicle and I haven’t seen one on the road for many years!
That's because the Aztec didn't sell it was so ugly!
 
I went in 2004 in a black Pontiac Aztec. Drove from BC down to the site with 5 people and 5 bikes on top plus tons of supplies. Fuel mileage was about half of usual with the weight and drag.

I can confirm that it took about a day and a half of effort to clean the dust and I had a glow stick leak in the centre console - that never went away.

Incidentally, that was a terrible vehicle and I haven’t seen one on the road for many years!
My DiL abused an Aztek for 13 years - used to tell her to park it on the street 😵‍💫 … finally gave her a hand me down Chrysler 300
 
Ya hafta wonder what is wrong with GM, Ford, MBZ, etc. Their stock grows at a snail's pace, at best.
Ford is a particular example of stagnant stock price which has lagged for 3 decades. How they remain in business is a marvel in itself. Make poor quality products, change designs needlessly every 2-3 years to complicate supply chains, and sell enough replacement parts I guess.
 
Can’t you get a bare bones f150 lightning for $39k?

I suspect every next addition adds $$$ just like the big 3 pickups.
No, the lightning is a ripoff from the word go. The 1800lb gorilla in the room is the main battery, when it needs replacement and it will at some point it is not a possibility it is a given it will add a pile of money to the cost of keeping these EV vehicles beyond warranty.

The Drive Electric YouTube channel takes a dive into how much it would cost to replace the battery in the Lightning.

From that were able to find out for an extended range Lightning it would cost around $4,400 USD per battery module to replace and $35,960 USD to replace the entire battery pack. To replace the battery pack would also cost around $675 USD in labor costs.

For a standard range Lightning it would cost $32,086 USD for the entire battery pack.

For comparison they say to replace a 5.0L Coyote V8 would cost a total of $13,264 USD. $10,218 for the engine and $2,025 for labor
 
No, the lightning is a ripoff from the word go. The 1800lb gorilla in the room is the main battery, when it needs replacement and it will at some point it is not a possibility it is a given it will add a pile of money to the cost of keeping these EV vehicles beyond warranty.
Another huge Ford blunder. $36K for a battery? LOL How much is a motor for that load?
 
I don't think that will be the case at all. There's still plenty of work trucks around if you look and even lightly optioned ones under $50k with the average truck still around $60k looking at my local dealer's websites. The top trims take the bragging rights since luxury is the goal at that level. We're seeing inflation rearing its ugly head and there's only so much we can do with that. The EVs are leaning more on the higher end of things and I think those trucks will trend with the luxury optioned trucks, but I think the issue with many is the profitability of EVs. It's easier to get meat on the bone and make money if it can be padded through a higher cost and making it more upmarket than to try and mass produce and attempt to sell at a lower competitive price when most are losing money on the sales as is.
The ultimate issue is going to be whether or not any of Tesla's competitors are going to figure out a way to make their electric pickup trucks profitable. They can only be subsidized by investors (like Rivian) or by siphoning money from the ICE lineup profits for so long like other makers are doing now and will continue to do for quite a way into the foreseeable future.

Tesla has proven that their entire lineup is profitable and I have no doubt that the Cybertruck will be as well. The same margin as their Model 3 and Model Y ? We'll know after a couple of quarterly financial reports are issued. And Tesla can slash prices across the board if the situation calls for it and continue to operate fairly comfortably. Who else can do that ?
 
What am I missing here? How can someone say $75,000 is not out of line when the Official Verbiage was starting at $40,000.
I do agree this whole thread is based on nothing, void of any fact.
With that said, let's face one fact. Tesla is out to lunch with how they handled this whole fiasco regarding the truck. They need to get their act together, competition is coming and their public announcements and bazaar way they handle the media, well, it might say something about the lack of organization, in the organization. They seem as capable as an elementary school student.

I LOVE reading about how profitable Tesla is and this constant drone of comparisons to the legacy makers in a negative light.
Smoke and mirrors to try to build up the fact and hide the fact that Tesla lost money for over TEN years until 2 years ago. *LOL* Cant make this stuff up! Meanwhile the legacy makers they discredit constantly made money, BILLIONs each and every year and continue to do so!
But bring up these facts and you are a Tesla hater, right? Reminds me of a certain aspect of society that uses a narrative, pick and choose data to achieve a means because disclosing all the data isnt as pretty a picture.
 
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What am I missing here? How can someone say $75,000 is not out of line when the Official Verbiage was starting at $40,000.
I do agree this whole thread is based on nothing, void of any fact.
With that said, let's face one fact. Tesla is out to lunch with how they handled this whole fiasco regarding the truck. They need to get their act together, competition is coming and their public announcements and bazaar way they handle the media, well, it might say something about the lack of organization, in the organization. They seem as capable as an elementary school student.

I LOVE reading about how profitable Tesla is and this constant drone of comparisons to the legacy makers in a negative light.
Smoke and mirrors to try to build up the fact and hide the fact that Tesla lost money for over TEN years until 2 years ago. *LOL* Cant make this stuff up! Meanwhile the legacy makers they discredit constantly made money, BILLIONs each and every year and continue to do so!
But bring up these facts and you are a Tesla hater, right? Reminds me of a certain aspect of society that uses a narrative, pick and choose data to achieve a means because disclosing all the data isnt as pretty a picture.
Well if you say anything negative about Tesla here you will certainly draw the attention of some, and might even be called a hater. The key is to openly admit you hate the company if you do, then your position will be clear, like mine. ;) There are those who think no matter what Elon/Tesla does they can't and won't fail, they will crush any and all competition, forever. You don't have to look too far back in history to see that logic like that can be flawed. My hope is Tesla ends up being another blip in automotive history, a meteor that fizzes out. Or maybe they end up being just another Ford or GM in the automotive world. Time will tell, and time to hide.
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Ford, and just about every other car maker, are losing billion$ on their EV ventures. Well, new products generally follow a path to profitability that has huge start up costs, a steep learning curve, tons of mistakes and then profitability.
Case in point: Tesla was bleeding money and nearly belly up in mid 2018. They couldn't get Model 3s out the door because the highly automated Fremont mfg lines kept breaking down. Musk was nearly broke; his PayPal fortune was gone. The San Jose Merc-News posted article after article about Musk's folly. The story even made a CBS 60 Minutes article.

Ford is a great American company; in fact Musk idolizes Henry Ford and named the Model 3 refresh project Highland after Ford's famous plant that put the world on wheels. I give CEO Farley credit for breaking out financials showing the reality of building an EV product. CEO Barra speaks like GM owns the EV space.

The long delayed Cybertruck appears to be nearing release. We will see how that goes. Tesla's EV knowledge is bought and paid for. Sure there are perhaps 5 years of backorders based on reservations; many of those will cancel due to prices; the $75K starting price would cover the original top of the line 3 motor version.

Today's pickups are a bunch of cowboy Cadillacs. Pay that kinda money and then throw a bunch of dirt, rocks, tree limbs and crap and then go to the dump? Not me. I have the only pickup on my block. I love it when neighbors ask to borrow our Tundra and bring it back full of $5 regular.
 
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What am I missing here? How can someone say $75,000 is not out of line when the Official Verbiage was starting at $40,000.
I do agree this whole thread is based on nothing, void of any fact.
With that said, let's face one fact. Tesla is out to lunch with how they handled this whole fiasco regarding the truck. They need to get their act together, competition is coming and their public announcements and bazaar way they handle the media, well, it might say something about the lack of organization, in the organization. They seem as capable as an elementary school student.

I LOVE reading about how profitable Tesla is and this constant drone of comparisons to the legacy makers in a negative light.
Smoke and mirrors to try to build up the fact and hide the fact that Tesla lost money for over TEN years until 2 years ago. *LOL* Cant make this stuff up! Meanwhile the legacy makers they discredit constantly made money, BILLIONs each and every year and continue to do so!
But bring up these facts and you are a Tesla hater, right? Reminds me of a certain aspect of society that uses a narrative, pick and choose data to achieve a means because disclosing all the data isnt as pretty a picture.
Yeah, the Cybertruck has been a fiasco since the start.
 
I hate to break it to you guys but every vehicle with an enormous backlog of orders goes through the following process.

1) Build the most profitable vehicles first.
2) Keep doing so until you are able to build near your plant's capacity.
3) Offer a few at a lower profit point.
4) Keep adding more until customers who want the cheapies scream bloody murder and only then, make those least profitable models.

It will take Tesla years to go through their order backlog. In the meantime their new battery will cost about half of the prior one and they will figure out thousands of ways to simplify production and cut costs.

Anyone who doubts that this is the way can look at what GM and Ford are doing with their own EV trucks. The only difference is they don't have the back orders or cost structure needed to compete with Tesla. I think Rivian has a future. The EV trucks from the legacy Big 2? That river of automotive mediocrity is getting murkier every day.
 
What am I missing here? How can someone say $75,000 is not out of line
Nothing. With the average American worker earning $60K/yr, that kind of pricing places this product outside of what the average person can afford.

Let's back up a few decades and recognize that in 1990, a full size pickup truck with an injected, reliable and capable inline six used to be under $10K. While the ave American worker made just over $30K per year.

The Cybertruck is a unique and interesting product, and in capable large battery form, will likely be North of $100K.

Put another way, a sensible 5%, 48 month loan on a $100K pickup truck is $2300/month. Or about 75% of the average workers take home pay.

I'm guessing purchasers will mortgage the thing. Also insurance is going to be insane on such an expensive truck.
 
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I went in 2004 in a black Pontiac Aztec. Drove from BC down to the site with 5 people and 5 bikes on top plus tons of supplies. Fuel mileage was about half of usual with the weight and drag.

I can confirm that it took about a day and a half of effort to clean the dust and I had a glow stick leak in the centre console - that never went away.

Incidentally, that was a terrible vehicle and I haven’t seen one on the road for many years!
Funny you mention the rarity of the Aztec as I have seen 2 in the last 2 days in my area.
 
I hate to break it to you guys but every vehicle with an enormous backlog of orders goes through the following process.
...

Anyone who doubts that this is the way can look at what GM and Ford are doing with their own EV trucks. The only difference is they don't have the back orders or cost structure needed to compete with Tesla. I think Rivian has a future. The EV trucks from the legacy Big 2? That river of automotive mediocrity is getting murkier every day.
So you think the day is around the corner that Tesla will sell more Pickup trucks and SUVs than GM?
That will be a tall order being they have yet to sell any.
I know you mean EVs but I dont understand isnt that the same product? It's a vehicle. I mean, one can say Tesla will never catch up with GM ICE vehicles. Here we are speculating in Tesla who is years and years late bringing their own vehicle known as a truck to market. They look like fools.
 
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