Foundation Series Remorse

[davelloydbrown]

You are not alone. I am canceling my Foundation Series reservation and demanding a refund.

This was not the truck that was advertised, or that we were promised.

Not even close.

The pitiful range and slow charge times and totally unacceptable for any vehicle of this price point.

what is the opposite of FOMO?

Fear of getting duped?

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[CyberTW]

So you drive 70mph non stop in your MS?

That's what that range test was. Zero regen at all. 47 degrees. 70mph.

I'd imagine the actual mixed range would be 280-290 - which we were told 300+. But, regardless.... You claim to have an FS order in. Nothing has changed since the beginning of customer deliveries.

You own a Model S. You know how EV range works at some level.

Haha. Tell me I’m uneducated without saying I’m uneducated. I’m not the one who tried to make a point with a car that has an inverse correlation to city/highway mpg. I LIKE ALL CAPS TOO!! Tell me again how an ice vehicle is exactly the same and the variables “are effectively identical”.

As you pointed out, they have a highway range listed on that model s. I still haven’t seen any highway equivalent rating on the Cybertruck.

say someone is uneducated and literally give no education samples yourself.. nice playbook

 

[davelloydbrown]

Yeah Elon is a car salesman. It’s all about the positives and getting the sale.

I have been a tesla bull since 2016, owning stock since 2016 and a M3 since 2018.

Unfortunately, tesla is looking more and more like a car company with a p/e of a tech company.

 

[Derekw99]

Is anyone else having serious concerns/remorse on the foundation series range? I completed my down payment Christmas eve, and since have been seeing range tests maxing out around 250 miles on the freeway.

I currently have a 2022 Model S long range (405 mile range) and have done the trip Milwaukee to New Orleans. All went well and I felt 400 miles was enough to comfortably stop and recharge every 3-4 hours.

I was planning to use the CyberTruck to travel to Florida frequently. Having to stop every 2 hours kind of changes the dynamic of the trip.

Do you think we have anyway of getting out the 1k down payment considering the range seems to not be what was advertised?

The bottomline is: that dude drove continuously 4 hours at 70 mph to drain out the CyberTruck. Question for us is: is that enough for our long distance trip? I would say yes. Usually driving 3 highway hours and we take a break.

 

[Woodrick]

I agree. But it seems that EV manufacturers should disclose real-world ranges at real-world driving speeds and conditions. Surely they have the engineering skills and knowledge to do that. The notion that consumers should "know better" or that they should adapt their driving style to EVs (i.e.: driving on highways at below the speed limit and much slower than the flow of traffic) is disingenuous at best.

In "real world" speeds? In real world, most driving is on streets, not highways.

 

[Woodrick]

I looked into the range extender and it appears to be a 50kWh battery. That would give the truck an additional 40% range. I think I will see if I can pass on the Foundation series and pick up the range extender. That may make it viable to make the Florida Drive.

Milwaukee to Florida? There's maybe only one or two stretches where the chargers at 100 miles apart. The vast majority or 50 miles. It's a no problem drive without the extended battery.

 

[Woodrick]

As long as people are willing to spend even more to get what was promised from the start, I herd something like 15000.00 more and you lose part of the bed as a flat area, I herd it will get to 450, how much of that will be usable? I still do not know what I will do. I understand the increase in price from 4 years ago, but this is different. Can you show me somewhere from the time they said they could do all the above and show me where they used the wording of prototype. Just asking. I do have an 2017 S that I get 210 miles per usable charge.

The car was not in production. Therefore, it was a prototype.

I believe that truck was even a few feet longer and wouldn't fit in the average American garage.

Can you show me a Detroit early release/prototype vehicle that was 100% the production vehicle?

They tried to get what they indicated; they are still trying. I feel that what they got was a great compromise.

If it isn't for you, then move along. Complaining isn't going to get what you want.

 

[Woodrick]

If I back out of the Foundation Series deposit, so I retain my spot or do I have to go to the end of the line?

If you don't order, you will retain your position.

 

[greggertruck]

say someone is uneducated and literally give no education samples yourself.. nice playbook

wat

He claimed to have the education, I'm asking if he's confident - why is he so confused?

 

[anionic1]

You should have no trouble getting the EPA range if you follow the EPA conditions.

zero headwind, drive on glass and only use premium electrons.

 

[HaulingAss]

I have been a tesla bull since 2016, owning stock since 2016 and a M3 since 2018.

Unfortunately, tesla is looking more and more like a car company with a p/e of a tech company.

Tesla will release Q4 and year-end financials on January 24th. I expect to see a bottoming of auto gross margins but a strong increase in margins and revenues for their grid scale energy storage business. This is rapidly turning into big business with high margins. The only other automaker I'm aware of with an energy business is BYD. Unsurprisingly, BYD's P/E of 45 is also not very much like a car company. Because they have huge future potential also. Out with the old, in with the new. Don't invest in the wrong places or your investment returns will suffer.

But Tesla is valued for so much more than simply the potential of cars and energy storage, no sane analyst can ignore adding in some amount of value for their world class AI technology, their custom dojo supercomputer technology, the eventuality of autonomous driving and how all that AI technology will empower their in-house designed and built Optimus humanoid robot. No other company is like Tesla and those who fail to see the differences will fail to benefit from their growth.

GM and Ford have a dismal future. Their names will probably live on, but investors will be wiped out. That's why they have such low p/e's.

 

[HaulingAss]

zero headwind, drive on glass and only use premium electrons.

We have three Tesla totalling over 200K miles that all have lifetime efficiency numbers bettering their official EPA ratings. We are not hypermilers, nor do we avoid winter weather. We never drive on panes of glass.

 

[davelloydbrown]

Tesla will release Q4 and year-end financials on January 24th. I expect to see a bottoming of auto gross margins but a strong increase in margins and revenues for their grid scale energy storage business. This is rapidly turning into big business with high margins. The only other automaker I'm aware of with an energy business is BYD. Unsurprisingly, BYD's P/E of 45 is also not very much like a car company. Because they have huge future potential also. Out with the old, in with the new. Don't invest in the wrong places or your investment returns will suffer.

But Tesla is valued for so much more than simply the potential of cars and energy storage, no sane analyst can ignore adding in some amount of value for their world class AI technology, their custom dojo supercomputer technology, the eventuality of autonomous driving and how all that AI technology will empower their in-house designed and built Optimus humanoid robot. No other company is like Tesla and those who fail to see the differences will fail to benefit from their growth.

GM and Ford have a dismal future. Their names will probably live on, but investors will be wiped out. That's why they have such low p/e's.

Long term I agree that tesla will probably be a winner especially over the OEMs except maybe toyota and honda, however in the short term (6 months to a year) IMO it is going to be a tough slug.

 

[Outdoors]

Always was going to order. I did also have a little shudder when I watched the videos. Yet I also thought about my use case more than 95% of the time will be slow 20-40 mph and in a circle that won't require outside charging except an occasional DCFC.

So I sat back down in the chair and said I am going to stop watching the Youtube videos. I don't really need them to confirm what I want to find out about my truck. Much of the videos are created using sensational type testing to get views. So not "real world" for me. So I don't care. I will find out my "real world" when my truck arrives.

For all the Remorses maybe think if ones use case fits, or you are just bent because you thought but were wrong on the outcome of this exercise.

 

[HaulingAss]

Long term I agree that tesla will probably be a winner especially over the OEMs except maybe toyota and honda, however in the short term (6 months to a year) IMO it is going to be a tough slug.

Thats why their p/e is higher than automakers with shrinking prospects. While stock prices exhibit volatility based on short-term news and expectations, overall valuation levels are more influenced by percieved long-term potentials. So expect TSLA to appreciate as those long-term potentials increase in visibility.

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