Tesla order invite now says: “We expect to deliver only the foundation series through late 2024”

[Outdoors]

Very wishful napkin math thinking from many. So many think that NFCT is right around the corner. Don't see it.

This is basic economic principles at work. Learned in Highschool.

Not much conversion on reservations.
Demand is cratering.
There aren't that many people that can afford the truck.
Elon promised.
They have so much money, they can afford to (new one ?)

All these are ideas by the folks that just want it all to be true. They want the cheaper truck. I wouldn't sell something for cheaper if I didn't have to. Why would anyone?

What if the lower price doesn't translate to as many orders as one thinks? I have this feeling that most think that 4 or 5 times as many trucks would be bought at the lower price point. Orders would flow in like manna from the heavens. I think that idea is a fallacy.

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[zeroCO2]

I think a lot of people who have owned both would disagree

since we are throwing opinions out as facts and all

Model X is quite lame compared to CT

 

[CyberTW]

Model X is quite lame compared to CT

I can’t wait for my CT!

 

[trentsize]

FYI. Ordered 5/20.
Invite & ordered 5/24.
RN113xxxxx.. BUT..

today 6/30/24 got another invite for Wife, an order she placed only a few month's ago RN118xxxxx.

I ordered right after the delivery event in November, so I’m RN1204 and haven’t gotten an email yet. I imagine there’s a decent bulk of orders during/after that event to get through.

 

[Tracker]

Not surprised either and no one knows what the non-foundation pricing is going to be. It says “estimate’’ on tesla.com.

After all this milking, I would be very surprised if they remove the $20k premium overnight on a brand new car.

I believe it will be a

Not exactly what Elon said at the investor event, but this seems to be the new verbiage for people getting invites now. This is not my invite, but I saw posted elsewhere.

Looks like the Non-FS wait will be longer than expected

this is what I received too. I have no interest in the 20g foundation series ct. This reservation notification includes many options for add ons but nothing offering someone like me who wants a 2motor 4wheel drive ct, just not a foundation series. *the cynical side of me thinks it will cause me to lose my place in the reservation line Because of this 20,000$ fs*
~hyping myself up to call Testla knowing I’m gonna spend 30-45min on hold before getting my answer-

 

[HaulingAss]

I however see fallacy within the CEO and corporation as a whole when, it was started as a company that wanted to improve humanity and wanted to do so with much lower cost models like the 3 to truly bring about changing the environment. Now it's just about impressing the venture capitalist and shareholders. Herein lies the reason the haters, the FUD, the etcetera exists.

I don't see the fallacy you see.

Yes, Tesla's mission is to accelerate the transition to sustainable energy. Doing that most effectively has got to focus on reducing the volume of fossil fuels needed, it's not just a game with the numbers of vehicles, but the amount of fuel they consume has to be taken into account. So being able to grow pickup trucks powered by electricity is an important part of that strategy.

The fallacy with the way you are thinking about the higher pricing of the Foundation Series as being focused on venture capitalists and shareholders is that it assumes the higher pricing of FS will limit Cybertruck to being a niche vehicle, only for affluent people. But Tesla is only using the higher pricing during the initial ramping of production, to make it economically feasible to get to lower prices and higher volumes sooner. Unlike the Silverado EV, the higher pricing of Foundation Series doesn't limit the vehicle to niche status, it accelerates the investment in higher production which is absolutely necessary to lower production costs so they can sell them in larger numbers at the lowest possible prices, which in turn increases their addressable market.

What you claim, that they are selling out for higher profits (vs. larger addressable market), would only be true if milking the higher prices of Foundation Series caused them to hold off on expanding production. I see it as making higher production and lower prices possible by not losing huge money upfront. Charging what people are willing to pay doesn't slow down the production ramp, it speeds it up. The high price of the Silverado EV (for what you get) will never allow them to ramp to high volume production, it's a niche vehicle for as far as they eye can see. Which will allow GM to continue selling large numbers of gas-guzzling pickups, which is why Tesla needs to ramp Cybertruck production and lower prices as quickly as possible.

Leaving money on the table does nothing to facilitate that. Getting as much per vehicle as the market will bear, does facilitate that. What GM is doing with the Silverado, limiting production volumes, is ensuring they can keep the prices high and sales low. Watch, they will not make even as many as they claimed. It will remain a very niche vehicle, even if the range spec impresses the uninformed. Cybertruck production volumes will grow steadily to impressive numbers (which implies a steady lowering of the price to constantly expand their addressable market).

I expect Cybertruck production volumes to be in line with guidance (or higher) while Silverado EV volumes will not even meet GM's lower guidance.

Now, you tell me, who is selling out to shareholders, and who is following a mission of accelerating the transition to sustainable energy?

 

[CyberTW]

I don't see the fallacy you see.

Yes, Tesla's mission is to accelerate the transition to sustainable energy. Doing that most effectively has got to focus on reducing the volume of fossil fuels needed, it's not just a game with the numbers of vehicles, but the amount of fuel they consume has to be taken into account. So being able to grow pickup trucks powered by electricity is an important part of that strategy.

The fallacy with the way you are thinking about the higher pricing of the Foundation Series as being focused on venture capitalists and shareholders is that it assumes the higher pricing of FS will limit Cybertruck to being a niche vehicle, only for affluent people. But Tesla is only using the higher pricing during the initial ramping of production, to make it economically feasible to get to lower prices and higher volumes sooner. Unlike the Silverado EV, the higher pricing of Foundation Series doesn't limit the vehicle to niche status, it accelerates the investment in higher production which is absolutely necessary to lower production costs so they can sell them in larger numbers at the lowest possible prices, which in turn increases their addressable market.

What you claim, that they are selling out for higher profits (vs. larger addressable market), would only be true if milking the higher prices of Foundation Series caused them to hold off on expanding production. I see it as making higher production and lower prices possible by not losing huge money upfront. Charging what people are willing to pay doesn't slow down the production ramp, it speeds it up. The high price of the Silverado EV (for what you get) will never allow them to ramp to high volume production, it's a niche vehicle for as far as they eye can see. Which will allow GM to continue selling large numbers of gas-guzzling pickups, which is why Tesla needs to ramp Cybertruck production and lower prices as quickly as possible.

Leaving money on the table does nothing to facilitate that. Getting as much per vehicle as the market will bear, does facilitate that. What GM is doing with the Silverado, limiting production volumes, is ensuring they can keep the prices high and sales low. Watch, they will not make even as many as they claimed. It will remain a very niche vehicle, even if the range spec impresses the uninformed. Cybertruck production volumes will grow steadily to impressive numbers (which implies a steady lowering of the price to constantly expand their addressable market).

I expect Cybertruck production volumes to be in line with guidance (or higher) while Silverado EV volumes will not even meet GM's lower guidance.

Now, you tell me, who is selling out to shareholders, and who is following a mission of accelerating the transition to sustainable energy?

Spot on! This is how Tesla works

 

[Eye of Elon]

I was upset about Founder's Edition early on, but after some reflection, I like it. It lets others beta test this new tech bandwagon and I would be annoyed by having to talk to strangers everywhere I stopped. FE saved me some trouble.

I bought a Model Y, which I love, mostly because of FSD.

When get a Cybertruck in 5 years it will be cheap and gremlin free.

Oh, I almost forgot, I will be able to actually test drive a vehicle before purchase.

 

[Crissa]

I owned a Model X Plaid prior to my Beast and it does not compare in any single way, unless you prefer a mini van style vehicle vs a truck.

The Cybertruck is soooo much better.

"Different" isn't better. The Model X would be better anyplace you're constrained in space or want the internal comfort, seating, and range it has over the truck.

But yeah, one's a mini-van, one is a truck. They have little overlap.

-Crissa

 

[kpg81]

"Different" isn't better. The Model X would be better anyplace you're constrained in space or want the internal comfort, seating, and range it has over the truck.

But yeah, one's a mini-van, one is a truck. They have little overlap.

-Crissa

Internal comfort is better in the Cybertruck to me. Space, the truck has much more of that. I couldn't stand the 6 seat Plaid configuration when putting things in the back, with the 3rd row folded down things would slide around and there was very little place to store anything.

The bed of the truck is soooo much more usable and better.

The only argument could be range I guess if that's a concern.

But the truck is solid feeling, more fun to drive, has more usable space, roomier feeling, much better steering and turning radius, and doesn't have weird falcon doors that can still accidentally get damaged in certain situations. Not to mention my '23 MX Plaids falcon doors would creak around corners and were noisy.

 

[Crissa]

Internal comfort is better in the Cybertruck to me. Space, the truck has much more of that. I couldn't stand the 6 seat Plaid configuration when putting things in the back, with the 3rd row folded down things would slide around and there was very little place to store anything.

But then you're not using it for what it is; you're using it for what it's less good at.

The X is still smaller on the outside for the same passengers. And your stuff is still going to 'slide around' in the truck.

-Crissa

 

[kpg81]

But then you're not using it for what it is; you're using it for what it's less good at.

The X is still smaller on the outside for the same passengers. And your stuff is still going to 'slide around' in the truck.

-Crissa

Nothing slides around in the truck at all, I have the bed divider which is awesome.

Even my Model Y has more usable space then the X did.

 

[Crissa]

Nothing slides around in the truck at all, I have the bed divider which is awesome.

Even my Model Y has more usable space then the X did.

The bed divider only makes a space as small as what was in the X; and the second statement isn't a thing.

You didn't like your X, that's fine, but you don't have to make up things about it.

-Crissa

 

[kpg81]

The bed divider only makes a space as small as what was in the X; and the second statement isn't a thing.

You didn't like your X, that's fine, but you don't have to make up things about it.

-Crissa

Do you have a Cybertruck to compare real world experiences?

 

[Crissa]

Do you have a Cybertruck to compare real world experiences?

Oh for effs sake you don't have to be a troll, either.

-Crissa

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