56 Cybertrucks at Fayetteville GA Dealership…

[OldDirtyRobot]

The F-150 Lightning is clearly not meeting sales expectations. But is this because of the Cybertruck? No, based on the sales numbers from the latest KBB EV Report:

During the first three quarters of 2023 (pre-Cybertruck), Ford sold 12,260 Lightnings.
During the first three quarters of 2024 (post-Cybertruck), Ford sold 22,807 Lightnings.

So Lightning sales have actually risen by 86% since the fourth quarter of 2023, when the Cybertruck became available.

The problem is that Ford built production capacity for 150,000 Lightnings per year. They are way below that. In fact, the entire electric pickup segment -- including Cybertrucks, Rivian R1Ts, Silverados, Sierras, and Hummers -- is below than that level. Even if every other electric pickup magically turned into a Lightning, it would still be below Ford's overly optimistic expectations.

The rise in sales has more to do with units produced than it does demand. Ford was struggling to get them out last year, especially in the 2/3s of the year (70% of '23 production came in the last four months).

There are only so many EV truck buyers right now, and its pretty clear the CT has take a bite out of both Rivians and Fords sales. Will that last, who knows.

You are are right though, the bigger issue is the size of the market for EV trucks. If truck owners were honest with themselves, EV's work for the majority of their use cases. However, most truck owners fancy themselves as avid off-roaders or towing heavy equipment weekly, but in reality their truck is used to brings shit home from Lowes and all the off-roading they will do is driving down someone's gravel driveway.

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[OldDirtyRobot]

Glad they didn't make that.

Yeah, I'd be in a Rivian if thats what they came up with.

 

[OldDirtyRobot]

Or maybe start producing that single engine rear wheel drive version?

It will come eventually.

 

[OldDirtyRobot]

The average household replaces their vehicle in 12.5 years. That means only 1 million of those households are in the market for a new truck at any time.

And that's split between all possible vehicles at that price point.


That is how sourcing works. You choose data to provide the number of households, and then choose what 'affordability' means - you could source that, but it's not entirely necessary.

-Crissa

If we are splitting hairs, 200k and up household isn't the average household, and I doubt follows the 12.5 year trend. You are in every 3-4 years territory there.

 

[Carnut12]

Lookout the hillbilly from Georgia is calling out imaginary people on the internet. My apologies to all the other good people of Georgia.

I‘m from NY, grew up in NY, I’ve lived in GA four years. Calling out the extreme immaturity on this forum isn’t difficult.

By the way where are all those people that said I was wrong about Supply/Demand? LMAO, keep living in denial. Listen I lost $30K instantly 2 years ago when I bought my Model S and 2-3 months later the price went down $25K. I don’t pretend it didn’t happen, it is what it is, the same thing just happened to folks that bought the Cybertruck, not $30K thankfully, but same Tesla business model. It sucks believe me, but it’s part of the chance you take with Tesla ownership. My advice is lease, that’s likely what I will do with any Tesla’s I buy going forward.

First lever pulled was the only show Foundations on the website. Second lever is aggressive lease rates on orders. Third lever just pulled, now you get free supercharging for life on Foundations. The 4th lever will come, time will tell what it is.

 

[Mini2nut]

Musk...

"It’s a great truck. We need to make it more affordable in the years to come."

 

[Carnut12]

Musk...

"It’s a great truck. We need to make it more affordable in the years to come."

Yes pretty confident I will lease Tesla’s going forward. Makes more sense with price fluctuations and constant tech/battery/quality improvements. Probably makes sense to lease any EV.

 

[Mini2nut]

I'm typically against leasing but the constantly improving battery cell technology is not helping with resale values.

 

[Carnut12]

I'm typically against leasing but the constantly improving battery cell technology is not helping with resale values.

Same here I’ve never leased a car, but the past 10 years or so I probably would’ve been better off doing so. I don’t keep cars more than 2-3 years and resale of EV’s is absolutely awful. On a lease you’re never upside down (unless you try to end early) and payments are cheaper.

 

[igs]

Once you get used to it everything else is obsolete.

 

[65SoYoLO]

Take a calculator to the nearest Ford dealership. Count the number of unsold vehicles on the lot, multiply by the number of days in the month, divide by 0.69 and then shove the whole thing up your ass because you can’t determine anything about demand by surveying a single location without any other context!

LOL

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