Prediction: A slew of CT cancellations on the horizon

[wanders]

I'm referring to contractors mostly. they spend the $$ on their work trucks and write off as business expense.

Wouldn't that be nice. Maybe it's time to start an LLC and work on a business that would use the truck.

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[davelloydbrown]

Wouldn't that be nice. Maybe it's time to start an LLC and work on a business that would use the truck.

Most people who are self employed manage to write off at least part of a vehicle- drive to the accountant, pick up office supplies etc.

 

[CyberCowboy]

Is this a serious question, or tongue-in-cheek? Elon made a point of saying that legacy auto manufacturers show a prototype, and by the time it comes out, it's totally different. How about being shown 3mm exo, and it's now 1.7mm? Sail storage, now no sail storage? $50,000 to now $80,000 for AWD? That's a BIG one. 6.5 foot to now 6 foot bed? Cyberquad at launch to now kiddie quad w/no suspension? 500 mile range to now 340 miles? 16" suspension adjustment to now 14"? I also never expected to see an ugly-ass battery pack shoved into the vault, of all places. That's gross looking, and so is the aftermarket-ass-looking upper light bar. When I'm teased a certain product, I expect it to be the same, or better. This is far from the case.

I can't argue your points, just buy something else! I always expected a 100k price tag (call it "worse case") in line with the direct competition. I've waited for 4 years for my Cyber Beast and I will not be deterred!!!

 

[davelloydbrown]

I can't argue your points, just buy something else! I always expected a 100k price tag (call it "worse case") in line with the direct competition. I've waited for 4 years for my Cyber Beast and I will not be deterred!!!

If you got the cash go for it!

 

[Prime8]

I am retired but I have been putting money away every year toward a Cybertruck, for the past 6 years and the coming year. I put that money into Tesla stock and I have more than enough between what I put away and the money I made in capital gains to pay for the truck, so it 'is' possible for someone to qualify for the IRA tax credit and be able to purchase an AWD Cybertruck. But our 'combined' household income is over the threshold.

But this thing has also been on my mind for a long time, because there are a boatload of people driving Teslas in California with carpool lane those stickers on their cars, and those stickers have similar household income thresholds. We have 2 Teslas and do not qualify for either the IRA tax credit or the sticker and I am retired. Conjecture? A lot of people are lying about their incomes and the state isn't checking. Similar with handicap stickers. Corrupt people and physicians. I have 'seen' this one first hand. People with handicap stickers pull up to the best parking spot, pull out their sailboarding gear, and go sailboarding for hours. For years! Ok, I am calm now ...

Just some info for you, there is no income limit for the stickers, just the rebate. You only have 60 days to apply from purchase so no help to you now but next time!

Teslas in California with carpool lane those stickers on their cars, and those stickers have similar household income thresholds.

 

[lowtek]

Is this a serious question, or tongue-in-cheek? Elon made a point of saying that legacy auto manufacturers show a prototype, and by the time it comes out, it's totally different. How about being shown 3mm exo, and it's now 1.7mm? Sail storage, now no sail storage? $50,000 to now $80,000 for AWD? That's a BIG one. 6.5 foot to now 6 foot bed? Cyberquad at launch to now kiddie quad w/no suspension? 500 mile range to now 340 miles? 16" suspension adjustment to now 14"? I also never expected to see an ugly-ass battery pack shoved into the vault, of all places. That's gross looking, and so is the aftermarket-ass-looking upper light bar. When I'm teased a certain product, I expect it to be the same, or better. This is far from the case.

It was a concept not a production prototype (regardless of what they called it).

When you build a factory to mass product a vehicle, the factory and the vehicle are designed together. You can't build a prototype and then make a factory for it, that doesn't work ... not for mass production anyway.

Also, they threw out the first production prototype (it's in one of the Hans videos, don't know which one) and basically started over for 800v, 48v lv, steer-by-wire, 4680 v2 batteries, 5% downsized, etc.

We saw lots of different "features" being tested during the production/factory build phase that took almost 4 years.

The range issue is a battery supply constraint problem across the board for Tesla and all other EV manufacturers. Yea, GM can release a "handfull"of 400 mile trucks as a marketing stunt, but they can't mass produce 400 mile trucks, there aren't enough batteries in the supply chain (yet).

Always think "Goals" not "Promises" when you listen to Elon. He reaches for the stars and that admirably got him to orbit but occasionally his goals get course corrected. I'd rather have the guy reaching for the stars than settling for the mountain top.

 

[WormtownKris]

It blows my mind mind that people are considering an 80k EV and qualify for the federal tax credit. There is a annual income limit of $300k for married couple. That's so expensive for an income of of equal or below $300k. Or am I missing something?

My famiIy is well below $300k. I am "buying above my means" when I buy Teslas, and lots of others do too. When Model 3 came out, Tesla showed stats on the most popular trade-ins for the new Model 3s. There was a BMW in there, but the rest of the top 5 trade-ins were Camrys, Civics, etc.
When we bought the Model 3 in 2018, we traded in a 12-year-old SUV that only got us $500 in trade! I had been running a 2003 F150 into the ground, and finally had to bite the bullet and upgrade to a 2013 since my son is now driving, and driving fair distances for work.
We don't lease a new vehicle every 4 years. I fully plan on the CT lasting me 25 to 30 years. We make other trade-offs as well. But ultimately, I see buying a Tesla as a value proposition.
Our 5+ year old Model 3 still has 96% of its range, is on its second set of tires and still has its original wiper blades. I added wiper fluid twice. That's it for service, beyond rotating tires. We started saving $75/ month in fuel by switching to electrons, so the the wallcharger paid itself off in ~7 months. And the resale value of the Model 3 is much higher than a 2018 ICE CUV would have been, had we gone that route.
For me, the CT is the same thing. I will be stretching HARD to do $80k. (Matter of fact, in Massachusetts apparently, I will just miss a $7500 state rebate because MA adds the Destination Charge into their $$ equation, so to them, the AWD CyberTruck exceeds $80k. This hurts badly if Tesla does not adjust the price before I take delivery). But I see it as a long-term investment, not a 2024-in-a-vacuum impulse buy.

 

[davelloydbrown]

like you I have a 2018 M3 along with a 2009 silverado and my wife has her own car.

I live in Canada so I am looking at an increase of anywhere from 1.36 to 1.41 exchange (there is currently no price on the Canadian website), plus we don't get any federal or provincial grant in Ontario and a 13% HST tax on top of everything which turns an 80 k duel into 126 K CAD.

I am also retired so my income is far lower then when I was working so paying cash is my only option. Luckily a good portion of my stock portfolio is in Tesla stock in USD. My plan was to sell 1/4 of my tesla stock so all I need now is for it to get back to at least $350 which is not impossible if you listen to the analysts. In a way the higher prices might help me if it increases the margins and keeps the analysts happy.

 

[jerhenderson]

Is this a serious question, or tongue-in-cheek? Elon made a point of saying that legacy auto manufacturers show a prototype, and by the time it comes out, it's totally different. How about being shown 3mm exo, and it's now 1.7mm? Sail storage, now no sail storage? $50,000 to now $80,000 for AWD? That's a BIG one. 6.5 foot to now 6 foot bed? Cyberquad at launch to now kiddie quad w/no suspension? 500 mile range to now 340 miles? 16" suspension adjustment to now 14"? I also never expected to see an ugly-ass battery pack shoved into the vault, of all places. That's gross looking, and so is the aftermarket-ass-looking upper light bar. When I'm teased a certain product, I expect it to be the same, or better. This is far from the case.

show me another concept vehicle that was produced looking as closely to the prototype as the CT does. As for specs, read your reservation agreement.

 

[PhilEsq]

Tesla won't be shocked even slightly at the number of refund requests. Tesla was able to get all the money they needed for R&D interest-free to build the CT by taking orders. It won't be a problem if a lot of people request refunds.

Tesla may or should allow people to delay their orders instead of getting a refund. If someone had the choice to delay by two years, they could probably benefit from a lower price, and Tesla would retain the $100. Tesla could even increase the $100 to $250 and have even more money.

I'm sure Tesla increased the price more than needed since they can't fill even a fraction of the orders. This will allow Tesla more profitability. I'm a shareholder and now I think I should buy more shares.

Tesla will reduce the price a lot in 2-3 years when production has ramped up. Additionally, manufacturing costs will come down because Tesla always figures out how to decrease costs.

 

[Fleetwood75]

I'm referring to contractors mostly. they spend the $$ on their work trucks and write off as business expense.

That's exactly what I'm doing. I'm not a contractor but I am a business owner and this will be my work truck.

 

[CyberTW]

Is this a serious question, or tongue-in-cheek? Elon made a point of saying that legacy auto manufacturers show a prototype, and by the time it comes out, it's totally different. How about being shown 3mm exo, and it's now 1.7mm? Sail storage, now no sail storage? $50,000 to now $80,000 for AWD? That's a BIG one. 6.5 foot to now 6 foot bed? Cyberquad at launch to now kiddie quad w/no suspension? 500 mile range to now 340 miles? 16" suspension adjustment to now 14"? I also never expected to see an ugly-ass battery pack shoved into the vault, of all places. That's gross looking, and so is the aftermarket-ass-looking upper light bar. When I'm teased a certain product, I expect it to be the same, or better. This is far from the case.

You are right. You got ripped off. Better cancel your reservation if you have one.. sounds like a piece of junk. F150Ls are available

 

[sstevens805]

I've waffled since the unveiling last week, and I'm going to keep my reservation. To me, this is a true do-it-all vehicle and I can see myself keeping this for a long time. Before my Y, I kept vehicles for 2-3 years because I love cars, but get bored with them. I love my Y, just wish it was more rugged and larger. I love the R1S, but the charging network, having to worry about the finish on an expensive vehicle, and the company's financial outlook scare me. The CT is it, checks all my boxes and I can't see anything better coming anytime soon. Now if there's a 3-row CyberSUV I may rethink my decision.

 

[Dae]

Keep the price but don't cut down the range.

Tesla, how we are going to offset the cost?: charge higher prices - lower the range & then make people pay $16,000 extra for a battery range extender that takes up half of the truck bed

 

[davelloydbrown]

I've waffled since the unveiling last week, and I'm going to keep my reservation. To me, this is a true do-it-all vehicle and I can see myself keeping this for a long time. Before my Y, I kept vehicles for 2-3 years because I love cars, but get bored with them. I love my Y, just wish it was more rugged and larger. I love the R1S, but the charging network, having to worry about the finish on an expensive vehicle, and the company's financial outlook scare me. The CT is it, checks all my boxes and I can't see anything better coming anytime soon. Now if there's a 3-row CyberSUV I may rethink my decision.

how about the x?

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