Cont: Musk, SpaceX and future of Tesla II

[Darat]

Only if you massively fake the numbers. SpaceX has two customers NASA and Starlink. And neither have a need to push SpaceX's revenue anywhere near high enough.

It's also got Anthropic.

 

[Jim_MDP]

Elon Musk
@elonmusk

The Tesla Cybertruck order backlog is currently far more than we can make before dismantling the line for Cybercab expansion around June/July next year.

We will add an extra shift to try to get all orders done in time.

Link

This one throws me a bit because I saw at least a handful of reported "unsold storage" lots holding from many dozens to a few hundred trucks just a year or less ago, plus the sales figures look to have cratered about 75% around then (~40k/quarter down to ~10k/quarter).

So what's the truth?
Elon... you telling porkies again?

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ETA: Even more confused now... found these sales figures after kookbreaker posted in the mid-terms thread that the Edsel (~100k) actually outsold the Cybertruck.

"Tesla Cybertruck Sales Figures

• • Projected (Annual target): ~250,000 units
  • 2024 Actual Sales/Registrations (U.S.): ~38,965 units (first full year)
  • 2025 Actual Sales/Registrations (U.S.): 20,237 units (~48% decline)
  • 2026 Actual Sales/Registrations (U.S.): 7,133 units through May 2026 (with Q1 2026 at 3,519 units)"

My figures before were due to a disagreement a few months back with a bodyshop owning friend who feels the truck has been a success and was still selling well.
Not sure where we sourced them.

Either way... that's a spicy meatball.

 

[Jim_MDP]

It's also got Anthropic.

That's a fairly complicated hole (beyond my non-existent financial expertise) that is liable to open up under their feet.

Succeed or fail... near term AI is going to be bad news for us plebs.

But the "investor class" will do well.

 

[Jim_MDP]

Video on this subject saying that it's conflating two dog whistles

I'm somehow insulated from most of the right's whining, having never seen those "what they took from us" memes, but damn... what a cavalcade of snowflakes!

 

[jimbob]

Governor-elect Gina Hinojosa requests pause on Elon Musk's potential purchase of Boca Chica State Park

Starship rockets stand ready at SpaceX’s Starbase facility, located near the South Texas town of Boca Chica. Gov.-elect Gina Hinojosa told reporters

www.sacurrent.com

Governor-elect Gina Hinojosa requests pause on Elon Musk’s potential purchase of Boca Chica State Park
Hinojosa asked that discussion on the sale by the Texas Parks and Wildlife Commission be paused until the transfer of power is complete.

 

[Andy_Ross]

Elon Musk
@elonmusk

The Cybertruck order rate far exceeds our production rate. We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people.

This is not a case of Cybertruck being unprofitable, as has been misreported by legacy media, but rather that the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.

Link

 

[Darat]

"Incremental Cybercab production" - they went into production - according to Musk in February and again according to Musk meant to have been in full production since the summer?

 

[jimbob]

"Incremental Cybercab production" - they went into production - according to Musk in February and again according to Musk meant to have been in full production since the summer?

I think he's saying "don't try to run a business if you're off your head on ketamine"