Tesla shuts down Cybertruck production for days at critical time for the company
electrek.co
electrek.co
Pre-Cybertruck, it felt like Tesla cared about a product first, and the memeing was just a cute bit of personality in everything (fart modes, ludicrous speed, etc). After that, it's like _everything_ was about Elon's popularity and whether it was a good product or not was secondary.
Now that the Elon bubble burst (including my own), it's much easier to see the crazy hype bubbles he managed to spin around everything -- a poor self driving system (the hints were there), production quality issues (again, the hints were there), safety problems, etc.
My impression is that SpaceX has mainly kept out of this, but if Tesla starts to really tank I wonder if he'll turn his eyes on using SpaceX for his own ego-massaging needs.
Then they got a million reservations.
https://www.torquenews.com/11826/end-only-25-cybertruck-rese...
https://www.torquenews.com/11826/tesla-struggling-find-buyer...
https://www.cybertruckownersclub.com/forum/threads/official-...
https://www.cybertruckownersclub.com/forum/attachments/2024-...
Tesla won't accept Cybertrucks as trade ins, they know there is no market for them.
https://www.cybertruckownersclub.com/forum/threads/tesla-%E2...
https://www.cybertruckownersclub.com/forum/threads/tesla-%E2...
> Yeah, never in a million years did I think purchasing the CyberTruck for $20K to keep my place in line would involve complete and total failure of the drive train when the converter went bad 4 days after buying it in March and waiting an additional 3 weeks for a repair with no loaner or compensation. I also never expected several additional recalls and now the inverter recall which drastically increases my risk of an accident. My CyberTruck is my primary vehicle and Tesla has informed me that it here’s no time line of when they will receive the replacement part. I think I’m well within my right to trade in a vehicle that I overpaid for that clearly doesn’t run as intended. There have been so many misleading statements about this vehicle for the last 5 years, we just accept them because what other choice do we have?
> the CyberTruck was my 4th Tesla vehicle in the last decade… Tesla service has dropped off a cliff.
Castings piling up waiting for batteries.
https://x.com/joetegtmeyer/status/1864438526487437502
Self driving also works amazing, 90% of my driving is handled by it. Every version we are seeing step change improvements. v13 only has continued the trend.
This struck me as dead wrong, so I looked it up. You're dead wrong. BUT, you're less-dead wrong than I expected:
Estimated sales numbers for 2024 as of 11/23/2024:
Tesla CT: 16,000 Rivian R1T: 16,312 Ford F150 Lightning: 22,807
I'm honestly surprised the CT is estimated to have sold so many trucks! But the Ford sold over 40% more.
But as per the original article: Whomst amongst us can say whether the line was shut down due to low demand or to increase production / retool for a cheaper line?
https://fordauthority.com/2024/11/ford-f-150-lightning-sales...
Cybertruck has been ramping this year. And he's right as cyber truck is now the third best selling EV right now
https://www.reddit.com/r/cars/comments/1gal5ds/tesla_cybertr...
What do these words:
> has outsold them as well this year.
mean?
https://www.coxautoinc.com/wp-content/uploads/2024/10/Kelley...
Tesla is still very profitable so I don't see what bubble has popped except for maybe your perception of him.
They have the best selling vehicle in the world...
and they are not even in top-10 in car sales :) even if they were their current market evaluation would be still insane without robotaxi and all other BS Elon is selling to investors
No they aren't top 10 in sales yet but they do have the best selling vehicle on the planet.
And are profitable where others in the top 10 are not. Many are laden with huge debts and Nissan and Volkswagen have said they are in trouble where as tesla is not.
whereas "robotaxis" cannot drive on highways or roads or straight lines or moving walkways :)
and by "robo" they mean karen from south dakota... ( https://gizmodo.com/tesla-is-looking-to-hire-a-team-to-remot... )
The “self” driving sucks balls and is nowhere near where it needs to be after years and years of effort.
13.2 is excellent despite what you believe about it.
It's likely due to retooling for a planned lower cost trim.
Elektrek mostly writes misleading articles like this.
And it doesn't come as a surprise to anyone, because it's all planned well in advance, and in the weeks leading up to the refit a mountain of new machinery appears in a staging area.
That PoS is tesla's flagship model? TIL
Any line that's not running nearly 24/7 is underutilized, but retooling can trade some downtime now for a permanent increase in output.
If a manufacturing line goes from three shifts a day to two, that's a significantly larger decrease than taking a few days off per month. Assuming that they're only ruining a single shift, and that the downtime is because they're outpacing demand, this does give us some information about what their utilization is, but even that doesn't tell us how well a product is doing.
Keeping inventories low can decrease some costs and is especially incentivized by some tax regulations, but it requires fast increases in production, which is easiest done by building out more manufacturing capability than is expected.
tl;dr: If you want to know how well a product is doing, look at the sales figures. If you want to read into the strategies the manufacturer is making, scrutinize the assembly line.
What people should keep in mind is the general trajectory of highly influential people who find themselves riding along with this particular POTUS, mainly in that the timespan of these partnerships tends to be pretty short, almost proportionally to the general charisma of the subject, and that once ejected from the center, things tend to get pretty bad pretty fast. Rudy Giuliani is literally breaking down in courtrooms that he can't pay his bills. Clearly Musk won't have that kind of problem but once you get thrown off this particular ride, there's no getting back on.
There's a strong assumption from a lot of people that Musk has some major influence over Trump, but honestly, I would be more surprised if their friendship survived 2025... and I wouldn't be that shocked if it didn't make 2025 in the first place!