@SawyerMerrit discussed new CyberTruck model lineup: base, mid, tri, quad, plaid

[Crissa]

Please provide your evidence that their profit went up 5% and their cost to build the cars went down yet the product cost increased by 20%.

You inability to divide 5 by 24 and see the percentage is not my fault.

-Crissa

Sponsored

 

[anionic1]

You do understand that doesn't show what you want it to, right?

Sales at the new prices don't show up until six to eighteen months after they're set. Costs, though, would show up immediately. Your chart shows margin increasing by 5 points (not 5%) by the end of the year and the prices having been raised by 20% earlier. 5 points is >20% of 24.

-Crissa

Crissa, their chart is a percentage. I agree that they may see increased profits at a later date due to current cost increases, but historically they have been between 22% to 30% profit and even that 8% delta is not close to the 20% plus that their vehicle cost have increased.

 

[DrShah]

There won’t be a new CT sold by Tesla under $60k.

Agreed esp with them recently raising prices

 

[DrShah]

Just guessing but I suspect
Dual Motor will be 65k
Trimotor 80k
Quad 95k
Plaid 110k

Given how fast they have raised their prices amongst their S3XY line up I can’t imagine they would the honor original pricing. That being said I do really hope our prices are locked in but I’m not holding my breath.

 

[anionic1]

Just guessing but I suspect
Dual Motor will be 65k
Trimotor 80k
Quad 95k
Plaid 110k

Given how fast they have raised their prices amongst their S3XY line up I can’t imagine they would the honor original pricing. That being said I do really hope our prices are locked in but I’m not holding my breath.

They really seem to have refined the other models down to two or 3 options. What makes most sense to me is below. I even have a hard time seeing my numbers with how the Model Y is around $63k now. I have made this argument before and it really is a solid argument. If the CT is 2000 lbs heavier more or less and lets say for now that fabricating the Y and CT cost the same just the added material cost should be at least 6k more plus profit in my opinion. So really the CT should start around $70k, which would still seem competitive compared to ford and Rivian.

Dual SR $65k
Dual LR $75k
Quad LR $85-$90k

 

[Crissa]

Crissa, their chart is a percentage. I agree that they may see increased profits at a later date due to current cost increases, but historically they have been between 22% to 30% profit and even that 8% delta is not close to the 20% plus that their vehicle cost have increased.

That doesn't show what you want, either. Why didn't their margin fall if their costs increased more than their prices?

Look, it's basic percentages.

-Crissa

 

[anionic1]

That doesn't show what you want, either. Why didn't their margin fall if their costs increased more than their prices?

Look, it's basic percentages.

-Crissa

Yes it does. Their price rose 20% plus. Of that 20%, 5% is an increase in profit and 15% is increase in the cost of making the product. It’s not complicated. You can have an increase in your profit margin and an increase in your cost if you raise your price to cover both. We may be mixing words here. It looks like when I said cost in my last post you took that as the cost to manufacture. I meant the cost to purchase. I will use cost from here on to mean the cost to manufacture and price as the price to purchase. The price of their vehicle increased 20% plus. If 5% +/- is profit then 15% +/- is cost to manufacture increase.

 

[Crissa]

Yes it does. Their price rose 20% plus. Of that 20%, 5% is an increase in profit and 15% is increase in the cost of making the product. It’s not complicated. You can have an increase in your profit margin and an increase in your cost if you raise your price to cover both. We may be mixing words here. It looks like when I said cost in my last post you took that as the cost to manufacture. I meant the cost to purchase. I will use cost from here on to mean the cost to manufacture and price as the price to purchase. The price of their vehicle increased 20% plus. If 5% +/- is profit then 15% +/- is cost to manufacture increase.

Again, that's not how that works.

If their cost rose by 20%, then it would have eaten 20 points of the margin. Not just 20% of their margin.

Because the margin is the percentage of the total price, just like the increase.

-Crissa

 

[Macgyverfever]

Yea I'm not sure if I can hold out much longer for the quad if OP's original post holds water..

But damn do I wanna do some crab walking should the opportunity present itself...

 

[anionic1]

Again, that's not how that works.

If their cost rose by 20%, then it would have eaten 20 points of the margin. Not just 20% of their margin.

Because the margin is the percentage of the total price, just like the increase.

-Crissa

So lets do the math. If you get 26% on a $38k sale It’s $9.8k. If you get 31% on a $47k sale it’s $14.5k. Rounding down both times. That’s a $4.7 added profit. The sale price increased $9k. Please explain where that additional $4.3 went. It’s not profit. You will probably say they haven’t made the profit on that $47k sale yet but that works up front as well and we would then need to adjust that 26% down to what they were marking prior to 2021. The point still stands that it’s costing them more to make the car not less.

 

[Ogre]

Yea I'm not sure if I can hold out much longer for the quad if OP's original post holds water..

But damn do I wanna do some crab walking should the opportunity present itself...

4 Wheel Steering and Quad motors are not necessarily linked. In fact nothing which has been announced suggests they are.

 

[John K]

honestly i can see TSLA hitting 2k this year easily with both giga austin and berlin going live

Today’s TSLA gains brought to you by the movies, “A Few Dollars More” less than 8 points is not to much to ask.

 

[Ogre]

Today’s TSLA gains brought to you by the movies, “A Few Dollars More” less than 8 points is not to much to ask.

We just need the next 300 trading days to be exactly the same as this one. Then @John K will have enough saved up he can buy me a Cybertruck just so he can get a pen.

 

[John K]

My son would definitely be gifted one with a 300 market day repeat. A charger too, attached to a house with solar roofing and an extra charge port when I visit. Make him pay for my go juice while I spoil future grandkids.

 

[Crissa]

So lets do the math. If you get 26% on a $38k sale It’s $9.8k. If you get 31% on a $47k sale it’s $14.5k. Rounding down both times. That’s a $4.7 added profit. The sale price increased $9k. Please explain where that additional $4.3 went. It’s not profit. You will probably say they haven’t made the profit on that $47k sale yet but that works up front as well and we would then need to adjust that 26% down to what they were marking prior to 2021. The point still stands that it’s costing them more to make the car not less.

Why would you choose such weird numbers?

Especially when we straight up have the cost of goods sold (cogs) for every quarter last year:




It went down.

-Crissa

Sponsored