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

[Ogre]

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

I think Musk is sandbagging again... it boils down to his definition of significant.

Maybe.

I think the severe pushback over estimates this quarter has made them extremely gun shy about making future production predictions.

When they were producing 500 Model Ys a week, Musk called the factory a money furnace. Cybertruck production is going to be a money furnace for at least the first 3 months of production. So even if they are selling a moderate number of trucks by December, it won’t contribute to the bottom line. Even if they produce 20,000 trucks in 2023, the line is still unlikely to contribute significantly to the bottom line. The first 10k are sold at a big loss.

I also tend to believe Musk when he says production will be very slow initially. Lots of new stuff to get done correctly.

Edit: @Tinker71 ninja’d me.

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[greggertruck]

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

I think Musk is sandbagging again... it boils down to his definition of significant.

We see 'significant' as negligible... he may see it as 5%.

____________________

I think Automotive production will be at least 2.1 million, and we can add Lathrop to the equation.

We can also add proportionate FSD sales to the bottom line. We could be looking at an extra 70,000 FSD sales... it is a lot.

If we sold 60,000 CT in 23 @$22,000 profit each..

1.3 Billion profit... about 5% of 2023. Not Significant !!!!!!!

There is zero reality to "sandbagging" at this point. The truck is over a YEAR late.

We aren't getting any younger. And as far as I am concerned, the Cybertruck is not getting any better. There are no new specs, there is no price points, there is no firm information other than a clearly dated website, or is it? What are we even looking at. Bravo Ford. Bravo Rivian. And I soon have to say, Bravo Shitvrolet. They've all announced and released their trucks, and delivered 10's of thousands. Except Chevrolet. Not yet. Sit down "DoDgE", you cooky mock up. Your designers are higher than the Goodyear blimp.

It's 5:57PM in PHX and I'm going to bed.

 

[Ogre]

:: cries in Ukrainian ::

Seriously.

I would say it’s 1st world problems, but that’s not fair to the Ukrainians… they were and largely are still a 1st world country.

 

[greggertruck]

I'm surprised we aren't all stroking each other to the "betas are built" line.

That's news.

 

[Blue Steel]

If we sold 60,000 CT in 23 @$22,000 profit each..

1.3 Billion profit... about 5% of 2023. Not Significant !!!!!!!

I'm very optimistic but there's no way they are selling 60,000 Cybertrucks this year. I think 600 is much closer to reality.

 

[greggertruck]

Another reason I think Gen 3 is Cybertruck platform.........

9KT press in China could be making a variety of vehicles, Cybertruck namely but the Cybervan being like a Sprinter van type vehicle?

Single motor Cybertruck on that platform, but the cheap 25k car, single bent steel body panels.

Gen 3 is Cybertruck..

 

[Mini2nut]

“More Beta Cybertrucks are coming next month.“

Curious where all the currently completed Beta trucks are. Were the current Beta trucks assembled by a small team in a secret location and then loaded into trucks at night under the cloak of darkness? Are Tesla engineers performing validation testing at an undisclosed secret location away from prying eyes?

 

[Ogre]

I'm surprised we aren't all stroking each other to the "betas are built" line.

That's news.

This is why I try to manage expectations.

Tesla told us production start in summer. The Gigapress isn’t even done getting assembled. Do the math, this announcement wasn’t a big surprise.

An earlier start is still possible, but not likely at all and never was. Gigapress + 6 months. We need to see test trucks on the road.

 

[Ogre]

“More Beta Cybertrucks are coming next month.“

Curious where all the currently completed Beta trucks are. Were the current Beta trucks assembled by a small team in a secret location and then loaded into trucks at night under the cloak of darkness? Are Tesla engineers performing validation testing at an undisclosed secret location away from prying eyes?

My sound got weird so I missed that comment.

They may well consider the 2nd and 3rd trucks to be “Beta” trucks. Or maybe they do have some in a closet somewhere. Since Tesla doesn’t share what they consider “Beta” and nobody else seems to agree what it is, we’re left guessing.

My bet is we see beta trucks at the March 1st event then? Thats good news anyhow.

 

[TheLastStarfighter]

“More Beta Cybertrucks are coming next month.“

Curious where all the currently completed Beta trucks are. Were the current Beta trucks assembled by a small team in a secret location and then loaded into trucks at night under the cloak of darkness? Are Tesla engineers performing validation testing at an undisclosed secret location away from prying eyes?

Some were reported to be testing in Alaska.

 

[greggertruck]

Some were reported to be testing in Alaska.

Where was that reported?

 

[greggertruck]

My sound got weird so I missed that comment.

They may well consider the 2nd and 3rd trucks to be “Beta” trucks. Or maybe they do have some in a closet somewhere. Since Tesla doesn’t share what they consider “Beta” and nobody else seems to agree what it is, we’re left guessing.

My bet is we see beta trucks at the March 1st event then? Thats good news anyhow.

That's my assumption. Cybertruck March 1 SOME news.

Wonder if we ARE in fact waiting on a second 9Kt press.

 

[Mini2nut]

I hope we get to see the production reveal on March 1st.

 

[SolarWizard]

I'm surprised we aren't all stroking each other to the "betas are built" line.

That's news.

Betas don’t mean shit to me, pardon my french

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