Has any other car manufacturer ever had a similar policy of not accepting their own vehicles as trade-ins?
No. Dealerships might have said “we have too many EVs right now” to you if you came in with your Nissan Leaf when there was an over-supply. But the idea that the entire manufacturer is blanket not accepting their own car, that new.
Many Cybertruck owners reported trying to trade-in the truck for a new vehicle
It only came out in November 2023! They’re already trying to trade it in? Seems like that’s it’s own sign of problems.
Some owners who have had their trucks in service for extended periods of time
NOVEMBER 2023!!! Nobody has had a one of these dumpsters for an extended period of time!
It’s pretty common for wealthy people to trade in their car every year or two, keeping in mind that a cyber truck is 80k+ the demographic is people who can afford to always have a new car.
Nobody has had a one of these dumpsters for an extended period of time!
I mean, yeah, okay, but even a few weeks is an “extended period of time” for a brand new car to be in service.
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I will feel a lot better when their stock price goes much, much, much lower. Sure they are down 40+% in the past 3 months, but they were WAY too high prior to that.
Their P/E should be in the single digits if they were like most American companies. Until I see that, I’ll know that they are nothing but a fucking chud memestock.
I wonder if the cybertruck will be the Delorian of the future.
Like an iconic vehicle they make movies about?
Well, it is iconic and will be used as a metaphor years from now when people start making movies of this era.
They won’t find a single one to film.
On the global scale the Cybertruck is an incredibly niche American thing.
It’s only ever sold 40 something thousand units since 2023. That’s ridiculously low.
For comparison, Toyota sells some 11 million vehicles a year globally. And just in the United States, Porsche yearly sells some 70k units. That 40k Cybertrucks is from three fiscal years
They can make replicas
Sure slapping a few pizza boxes together and painting it silver would make a convincing enough replica, but why would anyone bother?
To make a movie.
No no. Why would anyone bother to put one in their movies in 20 years?
That’s like saying they’d have people wearing Apple Vision Pro’s in 20 years. Why? Wasn’t a big product. Just an overhyped one which utterly failed.
Perhaps as a meme to how shit it is but it’s definitely not “iconic to the era”.
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Yeah but it is famous loke the pinto, anf easy to recognize loke the delorean, and easy to make a prop version of.
The fuck is a ‘loke’?
Like. I and o are next to each other on the keyboard
More probably the Edsel or Yugo, but with the quality of a Lada.
Well, the production of the cybertruck certianly smashed the delorean.
There was Dealership near me that had a bunch of their teslas keyed and damaged and smashed. Curious. Now that dealership can claim insurance money on the cars he can’t sell!
They haven’t moved for months at the Gilroy Ca dealership. There’s been a line of about 20. That I bet have gone fully dead from their hazard lights going off endlessly. I wouldn’t touch those with a 20ft pole. If I ever get an EV I’ll just get the Mustang. Since I own a Mustang. Keep it in the family.
I’m not interested in a Mustang, but I am interested in doing an EV conversion at some point. I do appreciate that Ford is selling the Mustang EV transaxle as a crate engine.
I had not heard of this. I’ll have to look into it.
Wonderful!
Have they tried covering them in garlic?
Garlic is always the answer.
To cover the stench?
I imagine Trump will buy the useless cyberdumpsters and give them to cops to use. They are such badly engineered and frequently broken POS’s I wouldnt even mind. Let “law enforcement” deal with them.
god i hope every cop cuts themselves on the edges
That would just make it so minorities will be driven around in that death box.
You got me there.
I saw one yesterday in the wild. It’s unusual for where I live, we’re not rich here, and being a blue state, we’re not stupid, either.
Surprisingly, it still had all of it’s body panels intact.
I want to hear a documentary, narrated by David Attenborough, about the wild Cybertrucks.
“As the Cybertruck sleeps, it is blissfully unaware of the approaching storm. If the thunder doesn’t wake it soon enough, it may succumb to its greatest existential threat: wetness. In the bushes, a Patriot rattles a paint can.”
Thanks. That’s brilliant!
Unfortunately, you’ll need to settle for Whistlin Diesel for now.
Although, it was pretty entertaining in a Jackassian Park kind of way.
The whole internet seems happy about the “people” burning Teslas in protest. I am pretty sure they were all insured and given the terrible sales figures… please guess who is benefitting the most of that burning?
Insurance doesn’t usually cover “acts of terrorism” so it will be funny if that’s how it gets classified.
Having to make a ton of insurance claims is not a good thing.
Eventually you become uninsurable, which is a lot harder to overcome than a sales slump.
This comment has no logic… yes, maybe Tesla itself is not at a loss due to vandalism here but insurance companies would drop either Tesla (the company) as a client or deny insurance to people buying Swasticars which would make the sales slump into a sales halt
This is really bad for Tesla either way if you are willing to look 1 mm beyond
You are right, but there probably is a “safe” number of Teslas that can burn, before insurance companies drop Tesla (or increase insurance prices to make it unprofitable).
Insurance frauds, if not caught, tend to be profitable.
Edit: I just want to add that I do not have any personal experience with insurance frauds… It’s just my little conspiracy theory… I won’t respond anymore, must go and make my first tinfoil cap.
Insurance companies? You realize insurance isn’t free right?
I mean Tesla. Just imagine, you have a lot of unsold cars and no hope that people will rush to buy them. If you lower the price, you will admit to shareholders that it’s not going well and maybe your company is not worth more than the next eight biggest car manufacturers combined… So you can’t lower the price, at least not enough to sell all those cars, they all take space, need some maintenance, slowly rust and lose value… Or they can just burn, and you can claim that it was all because of those far left terr… Right, someone mentioned that insurance doesn’t cover terrorism, so it’s all because of those damn leftist hooligans. You would probably sold all of them, but they were destroyed. Pinky promise.
So you think the story “we can’t sell cars because half burn in the dealer and the other half won’t be touch by people in fear” is actually going to go well with shareholders?
Your car insurance doesn’t cover terrorism but I’d be surprised if a car dealership or Tesla have that same clause. You are very unlikely to be the victim of a terrorist but because Tesla is a big company their insurance provider probably covers intentional damages by a third-party.
Insurance fraud is really hard to hide, that’s the first thing insurance companies investigate, particularly if the claimant is a car dealership. This has been a popular criminal activity for decades, my uncle used to pull this scam with his motorcycle club, they all got caught.
Insurance isn’t going to pay out it’s $700 billion market cap. If this keeps up, Tesla the company won’t exist any longer.
Insurance companies raised rates on teslas
Vehicles so shit even the manufacturer doesn’t want them
Maybe but it is up 17% right now. Are investors really this stupid?
This relates to the “zigzagging spikyness” you often see with the stock market. Each time a stock falls, many people are going to ask themselves “Hey, do I think that other people are wrong about this property being worthless? Maybe this is a good chance to buy, before they bounce back.”
There’s a mental appeal to the middle, it’s just a question of what the correct “middle” is. That’s also why many investors were cautioning people against selling during Trump’s week-long tariffs (of course, if you believe the USA is on its last legs, that may be a good idea). You’re probably seeing those purchases from those that feel the Tesla Takedowns will run out of steam, which is why it’s important to keep them up.
How do you think previous recessions happened? They are gambling with other people their money.
While the Texas Plate ‘HAIT 88’ seems like it’s fake, I feel that is implied by driving a Cyber Truck. He didn’t need to go through the trouble paying extra for that.
lol
lmfao even!
The potential for multiple insurance scams is huge. I’ve seen 3 in the wild and no fucking thanks.
Definitely sucks for the people who thought they were doing the right thing by going electric and ended up driving Swasticars.
I know there’s an argument that those folks should have known what they were in for by the time the Cybertruck in 2023, but some people just don’t pay much attention to current events.
I drive a Subaru and couldn’t tell you who the CEO is, although in retrospect perhaps I should have done more research before buying. But even without looking I can guess that it’s some shitty billionaire who donated heavily to both the GOP and DNC. Subaru itself has a history that involves… Being a Japanese manufacturer during WW2.
You could also look at the Nazi Henry Ford and all of those gigantic pickup trucks clogging the US while also buying fossil fuels. It helps that Henry Ford is long dead, but are they really that much better than Cybertrucks?
I mean morally. Objectively, Cybertrucks are just badly designed and manufactured vehicles but that’s separate from my point. Although if I may also rant- we already know that he used the Boring company to purposely sabotage high-speed rail projects in the US. We know that he bought Twitter not to make it profitable, but to gain power over social media. When you look at Tesla- the QC issues, the labor relations issues, the missed deadlines, the proprietary charging connector, the complete mess of a car the Cybertruck is, and how he is now very actively supporting a president who seems to be trying to destroy EV’s and prop up fossil fuels… Was Elon EVER actually trying to push EV’s, or was he actively trying to sabotage them? I know this is borderline conspiratorial thinking, but a lot of his madness seems to make a lot more sense in that context.