📈 Q4 2022 Tesla Earnings! Cybertruck Production Remains ON TRACK! Status Still Sits at Tooling

[Ogre]

CYBERTRUCK QUESTIONS/ Statements:

Question:
Is Cybertruck production still on track for mid year?

Answer:
Um, we do expect production to start um sometime this summer. I always try to downplay the start of production, the start is really slow....
Volume production next year.

Called it.

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[intimidator]

PER ELON "Volume production will be NEXT year (2024), even though the "start" of production will begin sometime this summer.

Volume production will be 2024 folks.

We must ASSUME it will ramp throughout 2024, and we have to ASSUME 150,000 CTs in 2024?
Anyone with a reservation # higher than 150,000, you should have until 2025 to clean your garage.

 

[Ogre]

Volume production could be a little dubious without any indications on run rate so I expect lots and lots of trucks per week to perhaps be closer to 2025

Musk usually considered volume production to be at least 3,000/ week. Usually 5k.

 

[greggertruck]

Called it.

A bee stung someone in the brain. I swear. What is even happening. 2 YEARS late.

 

[greggertruck]

Musk usually considered volume production to be at least 3,000/ week. Usually 5k.

VERY important to note. Though, maybe that goal post moves with Cybertruck too... fs.

 

[intimidator]

Musk says Cybertruck will not have a significant impact on the bottom line in 2023.

There it is.

Sounds like the ideas we’ll have a super-optimistic ramp up are off the table. Maybe my 10k trucks number is even too aggressive.

Could be.
The bottom line is 2024 is when we are now expected to see any volume production of the Cybertruck.

Jeez, when I placed my reservation, I really thought 2022 was when I would take delivery.

 

[greggertruck]

Jeez, when I placed my reservation, I really thought 2022 was when I would take delivery.

Millions of us man. I'm sorry. I know it sucks. I'm so tired.

 

[intimidator]

By 2025, the Cybertruck design will be 6 years old.

Is it time to redesign it?

 

[CyberGus]

Tesla Delivers, but Record Profit Isn’t Everything
By Al Root Updated Jan. 25, 2023 5:14 pm ET / Original Jan. 25, 2023 11:39 am ET

https://www.barrons.com/articles/tesla-earnings-stock-price-elon-musk-51674664721



tl;dr: "It's easier to move the goalposts than admit we were wrong"

 

[CyberGus]

CT will not be a significant contributor of revenue in 2023 but will be in 24 - Elon (paraphrasing)

So...price cuts, then?

 

[Throwcomputer]

By 2025, the Cybertruck design will be 6 years old.

Is it time to redesign it?

Hopefully when I get my reservation in 2027, I get the redesigned one!

 

[Ogre]

A bee stung someone in the brain. I swear. What is even happening. 2 YEARS late.

Not really. First deliveries were going to be Dec 2021. Volume production was never going to happen at the end of 2021. Volume deliveries have moved back 18 months.

Ok… hair splitting I guess.

But this isn’t exactly surprising.

 

[Ogre]

At least Tesla‘s stock price is moving so when it comes out there is a decent chance I’ll be able to buy the truck and still retire.

 

[FarAway]

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