Musk Says Tesla ‘Dug Our Own Grave’ With The Cybertruck

[alarmguy]

It's strange how many on here root against a genius like Musk but are fine with the failures running the Big 3. I wonder why?

Yeah, there is a more obvious comparison that comes to mind - what have they done by comparison ?

Because the big three, at least GM is making a lot of money? I think the problem here is, like you, you refer to the failures of GM, yet GM is doing absolutely fantastic with record earnings but you are against them because they are slow to launch an EV?
Are you denying that the ICE is a way to power a vehicle that Americans love and Musk doesnt have and maybe he should?

and ... a product like Musks is forced on the taxpayers money being taken and given to purchases of his cars?
Yet, even with Musk, his ONE truck, YEARS BEHIND schedule far more than the big three but somehow that detail is left out?

Hopefully this helps explain an answer to your question. BTW in over a decade Tesla had a profit in only the last two years, three years ago broken even. IN that time Teslas best year was only a little better than GMs worst year in the last decade.

So, so far the failure is Tesla and its future is uncertain, 2 popular models, standard generic stuff compared to GM offerings Tesla doesn't come close, yet.

So please, outline the failures of GM, are they not in business to make money or are they in business to make phone headlines like Tesla? (the cyber truck is an example going on for MANY years)

They are all just vehicles but some in here thinks Tesla is the end all of everything with their two models of cars. (that actually sell)

 

[wpod]

Cowboy boot wearing city boys will pay double over msrp without question.

Awesome !!!!

 

[4WD]

Because the big three, at least GM is making a lot of money? I think the problem here is, like you, you refer to the failures of GM, yet GM is doing absolutely fantastic with record earnings but you are against them because they are slow to launch an EV?
Are you denying that the ICE is a way to power a vehicle that Americans love and Musk doesnt have and maybe he should?

and ... a product like Musks is forced on the taxpayers money being taken and given to purchases of his cars?
Yet, even with Musk, his ONE truck, YEARS BEHIND schedule far more than the big three but somehow that detail is left out?

Hopefully this helps explain an answer to your question. BTW in over a decade Tesla had a profit in only the last two years, three years ago broken even. IN that time Teslas best year was only a little better than GMs worst year in the last decade.

So, so far the failure is Tesla and its future is uncertain, 2 popular models, standard generic stuff compared to GM offerings Tesla doesn't come close, yet.

So please, outline the failures of GM, are they not in business to make money or are they in business to make phone headlines like Tesla? (the cyber truck is an example going on for MANY years)

They are all just vehicles but some in here thinks Tesla is the end all of everything with their two models of cars. (that actually sell)

I had to look twice to see if you actually replied to me …
You seem to want to place your thoughts and narratives on me - which seems absolutely strange - don’t even try to fix it because you missed badly - really off target …

 

[DwightFrye]

It is true that Tesla has only been profitable the last couple of years. But you overlook the fact that Ford and GM's EV's are losing money and projections for profitability on those lines is years away. I would say that constitutes a big failure for GM and Ford too.

With regard to the taxpayer subsidies for EV's, take that up with the pinheads in Washington who rank at the top of the most financially irresponsible and destructive group of legislators to ever exist in this nation's history. What do you expect Elon to do, demand a bill that exempts Teslas from the tax credits ? I don't know why you are so apoplectic regarding the Cybertruck release date. It's late. So what ? It's not an important model for Tesla's success or you can be sure more money and resources would have been thrown at it and we'd be seeing them on the road. Even the people who put deposits down on them aren't all in a huff.

But the Cybertruck situation sure does provide plenty of ammunition for those seeking to criticize Elon.

 

[fantastic]

It's a truck that hasn't hit maturity yet. Although the Semi's are not exactly great looking they are way better positioned to be a selling vehicle vs this truck.

 

[4WD]

It is true that Tesla has only been profitable the last couple of years. But you overlook the fact that Ford and GM's EV's are losing money and projections for profitability on those lines is years away. I would say that constitutes a big failure for GM and Ford too.

With regard to the taxpayer subsidies for EV's, take that up with the pinheads in Washington who rank at the top of the most financially irresponsible and destructive group of legislators to ever exist in this nation's history. What do you expect Elon to do, demand a bill that exempts Teslas from the tax credits ? I don't know why you are so apoplectic regarding the Cybertruck release date. It's late. So what ? It's not an important model for Tesla's success or you can be sure more money and resources would have been thrown at it and we'd be seeing them on the road. Even the people who put deposits down on them aren't all in a huff.

But the Cybertruck situation sure does provide plenty of ammunition for those seeking to criticize Elon.

Last time I looked they were investing in those pesky little Giga Factories and things like that …

 

[4WD]

It's a truck that hasn't hit maturity yet. Although the Semi's are not exactly great looking they are way better positioned to be a selling vehicle vs this truck.

I keep wondering if they paint it camo and mount a big gun …
Then a nicely designed LT emerges for John Doe …

 

[fantastic]

I keep wondering if they paint it camo and mount a big gun …
Then a nicely designed LT emerges for John Doe …

That could get some attention...

 

[4WD]

That could get some attention...

Or not - think stealth !!!

 

[4WD]

Some good quotes here:

https://www.mindbodygreen.com/articles/iconic-quotes-on-failure-that-will-inspire-you-to-succeed

 

[97prizm]

It's strange how many on here root against a genius like Musk but are fine with the failures running the Big 3. I wonder why?

Because musk runs his mouth makes absolutely stupid decisions/promises. I've bet 6 different times that what he promised wouldn't materialize the time he said etc. He's a total narcissist

 

[Pew]

I keep wondering if they paint it camo and mount a big gun …
Then a nicely designed LT emerges for John Doe …

A battleship/tank turret would look really good on top of it with the angles of the truck design. The CT may actually have the required tq....and range of a tank for it

 

[pbm]

Because musk runs his mouth makes absolutely stupid decisions/promises. I've bet 6 different times that what he promised wouldn't materialize the time he said etc. He's a total narcissist

He may be a narcissist but he's accomplished far more than Barra or Farley or whoever runs the former Chrysler Co. Poor management has driven those companies down for years.

 

[fantastic]

I think that Tesla has done great achievements make no mistake but calling him a "Genius"? Electric cars & the idea of electrification is nothing new but to bring that idea to make electric cars on a wider scale, at the time, was something that was a good idea for money making. I can tell you this for sure...He didn't do any of this alone or just with his own money so I don't think he deserves all the credit either.

 

[JeffKeryk]

He's wack. And an alien. I think that's why he like SpaceX; he's wants to go home some day.
And since he's wack, he needs Neuralink, my favorite Musk company.

Neuralink Mission Statement:

Create a generalized brain interface to restore autonomy to those with unmet medical needs today and unlock human potential tomorrow.​

 

[pbm]

So please, outline the failures of GM, are they not in business to make money or are they in business to make phone headlines like Tesla? (the cyber truck is an example going on for MANY years)

They are all just vehicles but some in here thinks Tesla is the end all of everything with their two models of cars. (that actually sell)

GM lost money for years on Opel....sold it to PSA who made money on them in short order. With the exception of the Corvette there is nothing GM makes that I would buy. Pretty much the same now goes for Ford and Chrysler.

 

[E365]

GM lost money for years on Opel....sold it to PSA who made money on them in short order. With the exception of the Corvette there is nothing GM makes that I would buy. Pretty much the same now goes for Ford and Chrysler.

Largely because GM paid €3,000,000,000 of their pension obligations.

https://gmauthority.com/blog/2017/0...ll-pension-obligations-by-taking-on-debt/amp/

 

[4WD]

FERN green for the win please. IMO I thought the Aztek was practicle and reliable ( If you had a vision of the AMC gremlin pop into your mind well sure. I owed a 1972). Sure can scoot, however not self driving as walter found out in one eposide, when he ended up face to face with a semi. Sort... of... like the Tesla C.T. I would imagine with todays techno adaptable spaghetti boxes at anything north of... well 3 mph so it appears. Even if we pretend that aspect is perfect, they will sell a few but loose money in the end. Ugly, perhaps "Im" in the practicality arena (although that remains to be seen, right).

My DiL abused an Aztek for 13 years - it kept going and going …

 

[alarmguy]

GM lost money for years on Opel....sold it to PSA who made money on them in short order. With the exception of the Corvette there is nothing GM makes that I would buy. Pretty much the same now goes for Ford and Chrysler.

To repeat GM made money every year for the over the last decade, billions every year.
Tesla lost money every year for over the last decade except for the last two and those profits were not made in the USA (except some for carbon credits)
GM #1 USA sales for 90 years minus 1
Tesla not even on the map
These are facts and as we post this stuff Tesla is losing market share and profit margins slashed in the last year.

BTW I could care less about GM and the UAW but I do like up front and accountable posts, truly that’s all.
As a stock GM is a dog but not because they don’t make money and only because the public has no interest in it.
It sells at less than 5 times earnings

 

[macarose]

Let me get this straight...

Tesla's sales are up 41% year-over-year.

Tesla Model 3 Sales are up 15%. It's the highest grossing and most profitable car globally.

Tesla Model Y sales are up 80%. It's the highest grossing and most profitable SUV globally.

Tesla has higher margins than any other automaker on the planet.

They have no pension or retiree benefits to pay.

They have no dealer network to support.

They have no unions to hamper their production lines.

No floorplans to dole out to third parties.

No advertising.

No legacy suppliers that use different programming languages or assembly techniques that massivley complicate the mass production of EVs.

No ICE development that distracts from their sole focus on EVs.

To be brutally blunt with you, I just don't get where your angst is coming from. This company was not the lobbyist driven force that is harming the auto industry. To figure that one out, you need to focus on those automakers who never paid off Uncle Sam, or received large grants in the billions to stay afloat.

Those would be GM, Ford, and Stellantis. From tens of billions in loans and grants, to the Cash 4 Clunkers debacle and an EV program designed to mint them money, they were given massive subsidies and still lost to their overseas competition.

They went from leading the car market to leaving the car market. From selling EVs to cancelling EVs. If you invested in the eight largest automakers back in January 2011 when the economy at its absolute worst, you would have invested in companies that made over a trillion dollars during the largest economic expansion in global history and yet, your return would have been less than zero.

As for Tesla, they are now worth more than all of those automakers combined.

When a company has their competition create all the rules of engagement, and still beats them into a fine red mist, you ought to be looking at the facts and data. Tesla is in a dominant position because they have earned it. That's the reality.