Elon Musk bet big on the Cybertruck.
It didn’t emerge from focus groups, mimic successful truck models, or even resemble Tesla’s own—at the time—successful S, X, 3, and Y lines. It was an ...
No, it's his cultish stockholders. They believe that now he's out of Washington DC he will reinvigorate the brand with his "genius". They honestly believe he's fucking IRL Tony Stark instead of the snake oil salesman he's always been.
The fact that Tesla is valutated at such absurd numbers all based on bs speculations on their FSD and robotaxies, none of which even works well and isn't years late.
The Cybertruck's design and styling is a reflexion of the person who willed it into existence: it's tone-deaf and disconnected with the reality of what people want. That's what you get from someone who has zero empathy and thinks he understands other people but actually doesn't.
It's kind of akin to the DMC DeLorean, in more than just the chunky aesthetic aspects. That vehicle was a really bad one, too, with regard to build quality and reliability. The Back to the Future movies are probably the only reason there is any cultural relevance to them, after the 80's ended.
yeah, this is a "cope" article from dudes I've never heard of before. nothing is collapsing, the shit is still worth insane multiples of P/E, they still sell HUNDREDS OF THOUSANDS of model 3s (close to 400K per annum) and this joke of a "journalist" conflates the unpopularity of the (higly impractical and niche) cybertruck with "teslas".
I would like nothing more (well, there's a few things I'd like more, but for the purposes of this we'll let it stand) than for this fucker to get hurt and for this shit business to implode.
but nothing close to that is happening. sales that are lower than before indicate that there are still sales, nazi sled image notwithstanding. the P/E multiple is still through the roof. there aren't liquidity issues apparent.
this might be an indication that things might be moving the right way, but at present, nothing is "collapsing".
and even if alla that somehow materializes, this doesn't even touch the fucker in the slightest, it is inconceivable how much he's got.
And, here in Europe at least, the popularity of Teslas has sunken dramatically over the last two years (about 40%), even though the demand for electric cars in general is rising.
These articles are all full of shit. Unless Tesla's stock drops to zero, they're doing just fine. In fact, their stock has been going up since all this bullshit started happening. It's unbelievable.