Emphasis theirs.
It has been hard to track Tesla’s sales because the automaker is the most opaque when it comes to breaking down sales per model. Tesla bundles sales of Model 3 and Model Y together and all other vehicles (Model S, Model X, Cybertruck, and Tesla Semi) into its “other models” category.
Today, Tesla released its Q4 delivery numbers and confirmed that it delivered 23,640 units of its “other models.”
Based on how Model S and Model X sales have been tracking, we estimate that Tesla delivered between 9,000 and 12,000 Cybertrucks in Q4, which is likely less than in Q3 despite launching the cheaper non-Foundation Series models and opening orders beyond those with reservations.
I remember when Tesla's days were supposed to be numbered, like, five years ago. I don't think market fundamentals matter anymore. If you have enough money you can just do whatever you want and your company will go to the moon
IIRC the company is still way overvalued relative to their actual production as compared to other car companies, it's just that even with the decline when Musk became an open nazi, there are still enough rich tech-bros supporting him and buying shares to keep the price high.
It's not even tech bros, many, many 401k's and other funds include Tesla because of the stock performance. If the company were to tank it'd have significant impact on the entire country. They're literally too big to fail
Tesla's market cap is triple Toyota with 1/5 the earnings.
what's the lib version of inframaterialism, infra-immaterialism?
is it warhammer 40k that has a species whose space fleet is powered by the collective belief in the fact that it works? red ones go faster or whatever?
If it tanked it would have an impact on the whole world, loads of people and pensions etc are in to it.
Too big to fail implies the government will prop them up when it fails. I can't see that happening. There are simply no assets, no employee base, it's all fluff.
Reminds me of Enron. The clues are there but everyone chooses to ignore them so they can make money today.
The thing with companies crashing is it only happens once. The longer this one stays over valued the harder the tumble will be.
I predict the overall stock market is going to get hit hard around this one. With a trillion dollar market cap, it's not just frat boys and speculators who own this stock.
I regret not buying Tesla stock during the pandemic. It was a free money machine.
I guess pointing and laughing at every Cybertruck is paying off keep it up comrades
There’s a service center near my house with probably 100 of them sitting on a field next to it. I always wonder if they’re waiting to go to whoever bought them of if they’re just sitting there jic. But there’s been a pile of them for a couple months now
It’s been long speculated that Musk plays games with moving stock of Teslas around so they can be reported as “in transit” rather than surplus collecting dust in yards.
Back ordered parts maybe? Every time I hear about one of these things breaking, the service time is absurdly long, like weeks to months.
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
NGL, I thought these pieces of dung were supposed to be like high end rarities. I didn't realize they were actually putting them out en masse, or attempting too at least. Seeing 2 of them around town has me
It's almost like there's no correlation between how a company performs and it's stock price
tfw you make a bunch of ugly, extremely unreliable cars that sell for an extremely high price and nobody buys them
They’re piling up in used car lots in Hawaii.
Good luck clearing inventory when the next market is 2500 miles away lmao, get cyberfucked
every goddamned one of them is in the bay area then because you can't go anywhere without seeing one
I saw a lime green one the other day, gave the driver the finger as they passed. Feels good knowing EM has access to that data and his caged AI is being trained on it
Good news! The pandemic is ongoing!
