The Street: Elon Musk Offers Another Brazen Prediction After Photo of Cybertruck Goes Viral

[Old Spice]

Nothing new here if you've been paying attention lately but this gives a brief summary of the recent Cybertruck / Elon comment highlights:

https://www.thestreet.com/electric-...ediction-after-photo-of-cybertruck-goes-viral

Sponsored

 

[WHIZZARD OF OZ]

Nothing new here if you've been paying attention lately but this gives a brief summary of the recent Cybertruck / Elon comment highlights:

https://www.thestreet.com/electric-...ediction-after-photo-of-cybertruck-goes-viral

BTW That wasn't Mr Musk commenting, it was in fact Franz speaking with Ryan.
Once again, media doing there 'due diligence' and getting it 'right'

 

[Crissa]

BTW That wasn't Mr Musk commenting, it was in fact Franz speaking with Ryan.
Once again, media doing there 'due diligence' and getting it 'right'

Yeah, all he said was "It will change the look of the roads."

-Crissa

 

[charliemagpie]

You have to repeat something 7 times to reach 90% of people.

These small networks, say something once. Easy to work out 1/7th of 90% of viewers = how many people remember it.

lol, there are many other considerations... but we are going in the right direction.


Then we get Tesla youtube Tesla 'fanboys' giving us daily updates, and there you have it..... FUD growth X 10.

How many times have I heard xxxxxxxxxxxx say .. along the lines ... 'I don't agree with it, but I'm just telling you what is being reported'.

Just stfu

 

[JBee]

Did they edit the article now? I read it and the attributions are correct from what I can tell. The heading is a bit wonky tho.

 

[Ogre]

Yeah, all he said was "It will change the look of the roads."

Musk‘s not-so subtle way of saying Tesla is planning on cranking these out in high volume. Cybertruck Cannon.

 

[BillyGee]

"After having downplayed the rollout of the Tesla (TSLA) - Get Free Report Cybertruck, CEO Elon Musk has continued to tweet about it."

I like how they managed to get something wrong in the first sentence.

 

[Crissa]

"After having downplayed the rollout of the Tesla (TSLA) - Get Free Report Cybertruck, CEO Elon Musk has continued to tweet about it."

I like how they managed to get something wrong in the first sentence.

No, reminding everyone the ramp will take 6-12 months is definitely downplaying. At least they didn't say 'delayed' like all the others.

-Crissa

 

[Ogre]

No, reminding everyone the ramp will take 6-12 months is definitely downplaying. At least they didn't say 'delayed' like all the others.

I think the frustration is the one-sidedness of it. When you see articles about the Hummer they don’t make a big point of the fact that there are only a tiny number on the road. If they talk about the LYRIQ, they rarely mention that only 22 were delivered to end customers. Nobody ever mentions that the Rivian was delayed a year. Save for a few Tesla specific journals, the media doesn’t mention the fact that GM promised us 20 new EVs in 2023 and nobody mentions that GMs EV production stalled 3 years ago and volume has barely increased since.

It’s hard to claim the media is unbiased when they load up every single article about Tesla with these reminders of “Failures”, and don’t do the same with the competition.

 

[Crissa]

GM did deliver an all-time-high of 38k Bolts in 2022, which is more than they did in 2018-2020 inclusive. (I think)

-Crissa

 

[Ogre]

GM did deliver an all-time-high of 38k Bolts in 2022, which is more than they did in 2018-2020 inclusive. (I think)

-Crissa

They sold nearly 24k in 2017. That’s an average growth rate of less than 10% per year. Fine if they plan on selling about 50,000/ year in 2025. But they made a huge deal that they would have a million shipped by then. This would put them about 700,000 shy of that number.

GM recently dropped their projection that they would release 20 EVs in 2023 to 9. Then since they reduced it to 9 new models, they’ve said people shouldn’t expect a significant increase in production in the first half of the year. Everything coming out of GM points to massive problems. But reading coverage, it’s Tesla that is hemorrhaging money trying to break 50k units/ year.

Point being. Even little struggles from Tesla get amplified by the media while ignoring GMs far more fundamental issues.

 

[Crissa]

Yeah, I just wanted to point out that they did have good growth after their stumble with the batteries. The Hummer disappointed, but it could have been almost four Bolts, battery wise.

-Crissa

 

[firsttruck]

GM did deliver an all-time-high of 38k Bolts in 2022, which is more than they did in 2018-2020 inclusive. (I think)

-Crissa

Pathetic

GM/Chevy Bolt had 3-4 year production head start (2016) on Tesla Model-Y (2020) yet GM/Chevy for year 2022 produced 1/20 as many Bolts than Tesla is Model-Ys and GM/Chevy Bolt is in a much lower price tier that has much larger addressable market.

For 2023 GM/Chevy Bolt production will probably be less than 1/10 Tesla Model-Ys.

 

[Crissa]

For 2023 GM/Chevy Bolt production will probably be less than 1/10 Tesla Model-Ys.

If they do, that means they'd have plateaued again. But we'll see how many other models actually show up in numbers.

-Crissa

 

[firsttruck]

Yeah, I just wanted to point out that they did have good growth after their stumble with the batteries. The Hummer disappointed, but it could have been almost four Bolts, battery wise.

-Crissa

Even before the pandemic and battery recall, GM/Chevy Bolt sales were in significant decline. Few units shipped in 2016 launch year ( only 3 months), 2017 (28,500 units), 2018 (27,978 units), 2019 (27,182 units). So 2017-2019 annual global sales dropped 5%. So 3 years later they were selling fewer cars not more. Not even a 10% increase yearly.

Sponsored