Prediction: A slew of CT cancellations on the horizon

[cvalue13]

Seems like a lot of people have the script flipped

Saying “what was Elon thinking, pricing it this high means many people can’t buy”

When they should be saying, “at this price many people can’t buy, is what Elon was thinking”


What’s more likely here? That Tesla doesn’t understand market pricing 101, or that there won’t be many produced over next two years, so they’re charging a market price that reflects constrained supply - while maximizing income that offsets the 1/2 billion that will hit the company’s balance sheet when the truck goes into production?


The frustration is all deserved, given Tesla’s real snaffu - the content of the 2019 presentation.

But no, at these prices, Tesla doesn’t expect to sell large amounts of these trucks next year. Which works for them, because they don’t expect to be able to build large amounts of these trucks next year. That’s what this pricing should tell us. (Doubly so for the tri-motors.)

What we've got here is failure to communicate.​

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Some members, you just can't reach.​

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So you get what we had here yesterday -- which is the way Tesla wants it.​

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Well, Tesla gets it.​

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And I don't like it anymore than you men.​

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[CyberGus]

After looking at the income poll, I've realized this forum is mostly wealthy/upper income levels, which isn't representative of most people.

Median income is $31k. “Most”people can’t afford a car at all, certainly not a new one.

 

[Macgyverfever]

Median income is $31k. “Most”people can’t afford a car at all, certainly not a new one.

I'm about in that camp, but since I've made it this far for this long, I've decided that when it's my turn, I'm getting this beast; I'm out for as Anthony Hopkins put it, "BLOOD!"

 

[Jhodgesatmb]

I'm keeping mine, even if I have to use savings a little to offset cost for a Beast version.

To those who were complaining about the long wait and now are having second thoughts, what have you been doing with your money the last four years??

I once posted on a thread complaining about the long wait, that the extra time is a blessing because it gives time to prepare for the purchase financially.

I'm in the category seeing it as an awesome vehicle, worth the money, but possibly built too awesome for some who cannot comprehend the long term ownership experience.

I've had my Model 3 Performance five years now. It was 80 percent as expensive back then as a Beast Cybertruck is today, but now it's paid for and giving nothing but a super driving experience with an ultra low cost of ownership, driving still better than anything else brand new today. I'm so glad I went through with that purchase.

What happens to those who cancel and are hating themselves four years on after having a meh mundane driving experience and more costs with something else?

Now for those who think it's simply not worth it, I'll remind you of the best materials and technology in the truck, as well as the fact that money isn't worth what it used to be four years ago and that is across all sectors and not anything to do with Tesla at all.

You do you, but I would watch out for missed opportunities likely being painful long term. Nothing good in life comes easy, but legacy auto has conditioned many for the mundane and easy.

When you start seeing more Cybertrucks on the road and hearing testimonials, I hope you will not be one of those who 'burnt that bridge' and has to start regretting it.

- ÆCIII

I have been reviewing all the videos and thinking about everything I need, or want, and I have decided that the tough stainless steel, 4WS, steer-by-wire, FSD (yes, still a believer), and many other features are keeping me in the ‘fold’. Like you, my money has not been sitting idly the past 6 years (4 for the wait and 2 before that after Inpaid off my previous car). At my age the car is more important than the money anyway (I have no heirs), but since I have been saving all this time I won’t have to save any more than I have. Next, and I say this a bit begrudgingly, @cvalue13 prepared me psychologically for the lower range so the slap in the face actually came weeks ago and I have been dealing with it and deciding what I’d do if X or Y happened ever since. Finally, I am a believer that Drew B. and team will produce a 4680 pack in the next generation that will incrementally improve performance: even as little as 10% improvement would put the range up to 375 and that might be enough, for me, without the range extender. Long story short, I am still ‘in’.

 

[Jhodgesatmb]

Median income is $31k. “Most”people can’t afford a car at all, certainly not a new one.

I thought that number looked low so I looked it up. According to the census bureau the median income is more like $76K and has actually gone down a bit:

https://www.census.gov/library/publications/2023/demo/p60-279.html#:~:text=Highlights,and Table A-1).

this might not change the conversation though.

 

[Jhodgesatmb]

Yeah I’m torn between the Dual AWD and CyberBeast. I think getting the Dual with premium wheels etc makes more sense, sadly I don’t qualify for the tax credit. Since I own the Model Y LR I kind of regret not getting the performance version and feel like I’ll have FOMO if I don’t splurge on the CyberBeast ?.

I see the Beast as a silver lining in all of this. I had reserved a tri-motor for the range and didn’t need the acceleration or power. This beast has even more acceleration, less range, and identical payload and towing for $30K more. So I am dropping back to the AWD and will put away some xtra for the range extended, if I decide it is necessary when my number comes up. The beast made the decision simple.

 

[Jhodgesatmb]

I am sorry but inflation over the last 4 years cannot explain a 50% increase in price. Either Elon and his team were totally delusional in 2019, or they expected a continued decrease in battery price to less than $100/ kwh by now.

If tesla currently can't sell more than 100 k S and X's, perhaps Jim Cramer is right and they will only sell 50 k CT if the price is hgher than the S and X.

Tesla will certainly sell enough to keep the line up and eventually the batteries will improve. Maybe the price will also.

 

[Broski]

After looking at the income poll, I've realized this forum is mostly wealthy/upper income levels, which isn't representative of most people.

I would agree. Now more so than ever, especially with the price points thatve now been established.

 

[WHIZZARD OF OZ]

I see the Beast as a silver lining in all of this. I had reserved a tri-motor for the range and didn’t need the acceleration or power. This beast has even more acceleration, less range, and identical payload and towing for $30K more. So I am dropping back to the AWD and will put away some xtra for the range extended, if I decide it is necessary when my number comes up. The beast made the decision simple.

Let me run the numbers so l understand the option many are falling back on ...
'DEUL' @$79900+'RE'= $95900
-$7500 Credit( if you qualify )= $88400
I'll take the CYBERBEAST based on the fact we don't get SH*T from our Victorian Govt.
Besides, the numbers show ~1 in a 1000 people NEED to travel 'YUGE MILAGE' every day/week/month/year!
Makes sense NOT to carry 175 kWh every trip.....

 

[OB-1]

Seems like a lot of people have the script flipped

Saying “what was Elon thinking, pricing it this high means many people can’t buy”

When they should be saying, “at this price many people can’t buy, is what Elon was thinking”


What’s more likely here? That Tesla doesn’t understand market pricing 101, or that there won’t be many produced over next two years, so they’re charging a market price that reflects constrained supply - while maximizing income that offsets the 1/2 billion that will hit the company’s balance sheet when the truck goes into production?


The frustration is all deserved, given Tesla’s real snaffu - the content of the 2019 presentation.

But no, at these prices, Tesla doesn’t expect to sell large amounts of these trucks next year. Which works for them, because they don’t expect to be able to build large amounts of these trucks next year. That’s what this pricing should tell us. (Doubly so for the tri-motors.)

What we've got here is failure to communicate.​

​

Some members, you just can't reach.​

​

So you get what we had here yesterday -- which is the way Tesla wants it.​

​

Well, Tesla gets it.​

​

And I don't like it anymore than you men.​

​

Nail on the head. Heard of supply and demand? This is demand and supply, with pricing as the lever.

 

[Crissa]

begrudgingly, @cvalue13 prepared me psychologically for the lower range so the slap in the face

We got the range Tesla promised us. Not a whit more. And the same battery for both launch models. Guess they didn't want to do that double-layer battery pack after all.

-Crissa

 

[RayzorBEV]

I know the price is painful but look at the direct competition in the price range. Not EV but ICE. The CT and CBeast crush the TRX and Raptor R and the CT does it for $10k-$30k LESS. The CBeast is in a separate galaxy compared to those.

So in the $40k truck market it might make a lot of people mad but in the >$75k sport/baja truck market it dominates. It's going to steal those sales without a doubt.

I was actually in the market for the TRX but was ready to go electric and waited. Tesla gets my money. A year from now tell us how you feel about giving up a day-one reservation because Tesla didn't give you your dream $60k truck that towed 14k and drove 500 miles.

Where I live in Texas, Raptors and TRXs are every where. Sometimes you'll see 2-3 at each stoplights. Recently, 2 of my co-workers each purchased a 2023 Raptor R and moans about having to paid a whopping $60000 mark ups, ? . They're also getting about 10 mpg; bitching about the cost of fueling up these gas guzzling dinosaurs, ?.
No thanks, I'll gladly pay Tesla $99,900 for a CyberBeast with zero stealership mark-ups ?

 

[Brownde22]

With official pricing announced today I predict Tesla will be a bit shocked at the number of $100 Cybertruck refund requests coming their way in the next few weeks.

Thousand and thousands had their CT dream deflated today after seeing the HUGE price increases from 4-years ago.

EST. $60,990

REAR-WHEEL DRIVE

1. AVAILABLE IN 2025
2. 250 MI. RANGE (EST.)
3. 6.5 SEC. 0-60 MPH

EST. $79,990

ALL-WHEEL DRIVE

1. DELIVERY IN 2024
2. 340 MI. RANGE (EST.)
3. 4.1 SEC. 0-60 MPH
4. 112 MPH TOP SPEED
5. 600 HORSEPOWER
6. 7,435 LB-FT TORQUE
7. 11,000 LBS. TOWING CAPACITY

EST. $99,990

CYBERBEAST

1. DELIVERY IN 2024
2. 320 MI. RANGE (EST.)
3. 2.6 SEC. 0-60 MPH†
4. 130 MPH TOP SPEED
5. 845 HORSEPOWER
6. 10,296 LB-FT TORQUE
7. 11,000 LBS. TOWING CAPACITY

For those hating price increases, what would you expect even after a 'normal' four years (which we certainly haven't had), let alone the past four years of high inflation? Bitch all you want, but make sure you place the blame where it truly belongs, which is not on Tesla. They're just maintaining standards of quality and technology they set out to build while they've had to endure increased costs on everything while developing the Cybertruck.

You always have lesser alternatives and legacy auto vultures are waiting.

- ÆCIII

Even taking into inflation, the price increases are outrageous. Bait and switch. Greed. Bad faith. Model 3 and Tesla Powerwall owner but very unhappy with new pricing.

 

[Balthezor]

Hi, I‘m from Switzerland and I placed a redervation about 3 hours after the original unveil event.

Below I did some calculations based on Model S pricing in USA and SUI (Switzerland).


The only tesla that is sold in europe and usa and it‘s made in USA seems to be the Model S

USA Model S
USD74’990.00 = CHF65’644.00

SUI Model S
CHF 84’900.00

Fron USA Model S to SUI Model S = +30%

*Hypotetically*!!

Cybertruck Rear-Wheel Drive
USD60’990.00+30%
*CHF69’396.00*

Cybertruck All-Wheel Drive
USD79’990.00+30%
*CHF91’015.00*

Cyberbeast
USD 99’990.00+30%
*CHF113’772.00*


Now I reserved the Trimotor, which seems to be the Cyberbeast. If I would buy it I would migrate to the All-Wheel Drive version. My decision in a nutshell:

I will not order my cybertruck because:

- Actual range is way far off the promised one, and no, I will not put that heavy, bulky „range extender“ on the bed…

- Extreme price increase

I wouldn't worry about it. Europe aint getting this for a long time, unless you buy from an owner and import it.

 

[Balthezor]

Yeah I’m torn between the Dual AWD and CyberBeast. I think getting the Dual with premium wheels etc makes more sense, sadly I don’t qualify for the tax credit. Since I own the Model Y LR I kind of regret not getting the performance version and feel like I’ll have FOMO if I don’t splurge on the CyberBeast ?.

I'm with you. I'll probably regret not getting the Cyberbeast. I'm fortunate enough to say that its only 20k more from a dual motor. I can make the stretch. Wish it was cheaper.

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