“$800 million worth”?
“Nobody wants”?
Sounds like creative accounting…
this post was submitted on 13 May 2025
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They tried that in Canada and got caught. They'll get a free handy for doing it in the US under Tump though.
That’s what Trump’s big legal battle with New York was about - lying about the value of a penthouse or something.
So much of these “rich” fuckers wealth is just bullshit on paper.
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The photograph that says it all. Let's remember Elon Musk for the Nazi that he is.
This photo is taken out of context, though. I mean, he slapped his chest before the salute, and he did it twice in a row... Ah shit nevermind, he's a Nazi.
The hand on his heart really does make you think twice about the meaning though, just like it did with that other guy.
Wow. I had no doubt it was a salute, but seeing them side-by-side is chilling
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If nobody wants them, then they are worth $0.
You could definitely sell those for more than $0. The batteries alone aren't cheap.
So somewhere inbetween as the article says "more than 10,000 units" and "$800m" so they appear to be valuing them at ~$80k/unit which is ridiculously optimistic.
My guess is closer to 1/3rd of that value but nobody likes to lose half a billion in the blink of an eye
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Next week: US Department of Defence announces purchase of fleet of Cybertrucks.
Can't wait to meet the successor to M1 Abrams: the M2 Sad Tin Can.
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If nobody wants them... they are not worth that amount. simple economics.
supply and demand...
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You know, by stock market logic, this would mean they aren't actually worth $800m
If the stock market had anythign to do with logic Tesla wouldn't be worth more than all other car manufacturers combined
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I am expecting them to end up as ICE technicals, used to hunt down dissidents like...checks notes...American citizens, children, and the elderly.
So your saying one will be able to avoid ICE by simply escaping on days when its raining?
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$800 Million Worth of Cybertrucks
Cybertrucks aren't worth the glass of the molotovs that ignite them.
Worth and cost are not synonyms.
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Cybertrucks are just sitting around, waiting for someone to officially label them the DeLorean of the 21st century.
Hey! You take that back! DeLoreans were always cool cars. Their demise wasn't due to lack of popularity, the company just had problems getting established, and ultimately didn't survive its initial growth phase.
Nobody despised the DeLorean, or it's owner. They just ran out of money, and he tried a desperate Hail Mary play, that didn't work.
Their demise was absolutely due to lack of popularity. In December '81 they had produced 7,000 units and sold 3,000. I'd argue that they failed for the same reason Fiero did -- they looked like a sports car but were not. Top speed was 110mph. 0-60 time was 10.5 seconds. It had a V-6 that put out 130hp in a car with a curb wt of 2700 lbs. 0-60 time was measured at 10.5 seconds. To put that in perspective, about the same as a 99 Ford F-350 Super Duty Crew Cab 4x4 Dually or 73 LTD Brougham. There are virtually no modern cars that run 0-60 that slow. A 2024 5.3l Suburban has a time of 7.0
In addition, they had numerous quality control problems. This in a car that retailed for $25k or the rough equivalent of $86,000 in today's dollars. While it's probably true that nobody despised the car, it was not a good car. They were definitely cool sitting in a parking lot but getting spanked by a 1980 Chevy Citation (0-60 10.3) is not a good look
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"nobody wants" or 60% of Americans can't afford basic living expenses?
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Wait, now it's only $700 million. $400 million. $34 million... And it's $6.50.
Yeah, I guess there is someone out there who would buy a fleet of dumpster cars for $6.50.
Time to bury them in the desert right beside the ET Atari cartridges.
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Can someone explain how the demographic of people who loved to park their gas guzzlers to purposefully block tesla charging stations are now Musk fanboys all of a sudden?
Oppositional Defiant Disorder.
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Is that price at full retail price or cost of parts. Either way, sounds like someone misjudged the market by a lot and needs to be ejected from their CEO role.
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$800 million worth is giving a lot of value to something they can barely give away. Maybe $800K worth of material after the cost of dismantling.
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Actually saw a Tesla with a Trump/Vance sticker on it today. I was already at 92% hate for Tesla. Thanks for making that 100% today stranger.
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