Cybertruck at Tesla Stores

nvabill

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Mach1E

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Don’t worry, the list of companies losing money on electric cars is just going to get longer.

And despite investors treating it like it is……this is not a tech startup thing that venture capitalists can keep throwing money into.

The problem is that if it continues, electric cars will become nothing more than a failed experiment.
 

nvabill

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Don’t worry, the list of companies losing money on electric cars is just going to get longer.

And despite investors treating it like it is……this is not a tech startup thing that venture capitalists can keep throwing money into.

The problem is that if it continues, electric cars will become nothing more than a failed experiment.
No worries here, the market will figure out what it wants, always has.
 


nvabill

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I like what he said.

"A smarter billionaire might have cut his losses with X and turned his focus back to minting ugly Cybertrucks."

"So, for Bob Iger, and for the rest of humanity, let me say: Go f—k yourself, Elon. Go. F—k. Yourself. Is that clear?"

https://www.sfgate.com/sf-culture/article/elon-musk-nyt-interview-18524602.php
Ok then, glad we got that all cleared up. ? It wasn't really on my radar but I'm glad, as they say, that you got it off your chest. :cool:
 

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Tesla was planning on selling $50K trucks, it has now switched over to $100K ones. That will have to cause a huge reduction in number of sales. Hence manufacturing costs. Hence point at which trucks are sold more than marginal manufacturing cost. Hence problematical recovery of R&D.
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