Elon reveals Cybertruck details / production expectations on Q3 2023 call

[jerhenderson]

I noticed TSLA Stock priced dropped pretty heavy today. This was before the Investor call. I wonder if stock prices will drop even further. Things that investors don't like to hear are things like new product is not going to be profitable for 12-18 months...

it gets rid of the wannabes and keeps the intelligent.

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[cvalue13]

communications

I’ll say this much: Musk seemed particularly down, grim, and grumpy.

 

[jerhenderson]

This was a bad day for Elon and Tesla. I'm rethinking the whole Cybertruck purchase and will consider other options. This mess is directly attributable to Elon Musk. He over committed and has yet to deliver on what he continues to call Tesla's best product.

He or the BOD needs to find a CEO to run Tesla like a real business. This startup, sleeping in the factory, 18 hour a day CEO needs to move to an advisory role and let other more capable people manage the companies finances, communications and product development.

please drop your reservation as you clearly don't know what you're getting into.

 

[JBee]

So not worth listening to the call then?

I would of expected something beyond just a reveal date...but maybe there are no extra features that haven't already been revealed?

 

[Gurule92]

thought it was

you think they were talking robotaxi?

Yea he was contrasting CT and next gen platform 25k car.

He said the 25k will be beautiful but it's not meant to wow, it's utilitarian... A-b etc

34:52 is when they start talking about the 25k car

36:45 is right before the utilitarian line. Have to listen to the whole clip

 

[Gurule92]

So not worth listening to the call then?

I would of expected something beyond just a reveal date...but maybe there are no extra features that haven't already been revealed?

They didn't even mention the date on the call lol

 

[ZillaVilla]

I'm predicting < 500 CT deliveries before end of 2023 and between 20,000 to 50,000 CT deliveries before end of 2024.

Tesla/Elon will NOT ramp up CT production until they figure out how to cost effectively mass produce it. Model 3 only had about 50k produced in the first year before they started mass production at the 5,000/week run rate.

On the flip side, my early CT reservation becomes more valuable now

They're saying the installed production Caoacity is already OVER 125,000 a year, which would mean just December 2023 would produce 10,000 + trucks.
So if they're ramping from 2,500 a week currently, could they be at 5,000 a week, 250,000 a year, sometime in 2024? I think YES!?

 

[Gurule92]

This was directly before the 14" ground clearance quote.

Yea he was contrasting CT and next gen platform 25k car.

He said the 25k will be beautiful but it's not meant to wow, it's utilitarian... A-b etc

34:52 is when they start talking about the 25k car

36:45 is right before the utilitarian line. Have to listen to the whole clip

 

[cvalue13]

They didn't even mention the date on the call lol

they really don’t talk product release dates on investor calls

 

[cvalue13]

They're saying the installed production Caoacity is already OVER 125,000 a year, which would mean just December 2023 would produce 10,000 + trucks.
So if they're ramping from 2,500 a week currently, could they be at 5,000 a week, 250,000 a year, sometime in 2024? I think YES!?

You have totally missed

 

[JWass]

When has Elon ever been right about the timing of anything Tesla has built? He is always off by orders of magnitude. If the stock tanks (and it might) Tesla with their already significantly reduced vehicle margins will look even worse. Not a pretty picture.

Their margins even reduced are still miles above what any car maker does. Do you know the margins on a Toyota? The benchmark for all until Tesla arrived.
Tesla isn’t dumb and neither are there accounting folk. They’ll take market share and make money hand over fist with all the EV’s converting to NAC. And so on.

 

[AlDente]

please drop your reservation as you clearly don't know what you're getting into.

You can rest assured that any decision I make (about anything) will have nothing to do with you and your opinions Jer ...

 

[happy intruder]

I don’t think he’s setting it up to be expensive. I think he’s setting it up to not be profitable or as profitable as it can be until they get to max capacity and best workflow. They cant make it as expensive as a S or X because that has a very limited audience and they’ll lose lots of orders.

He's tempering the investors excitement by saying it won’t be hugely profitable at first. But had tons of potential.

well he can use all that interest he made on all of our $100 deposits to cover his profitability....

 

[happy intruder]

I noticed TSLA Stock priced dropped pretty heavy today. This was before the Investor call. I wonder if stock prices will drop even further. Things that investors don't like to hear are things like new product is not going to be profitable for 12-18 months...

you can bet on that

 

[SSonnentag]

Is that a lot? It seems like a lot, but I'm not sure what this really means.

‘I read that the F-150 has 6” of travel and the Raptor trim has 11”. So 14” sounds great to me. Should be a smooth ride.

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