jeewee3000
Active Member
This is why I disagree with your post:That's the problem. The main value was supposed to succeed in the market of core truck buyers, take up market shares, and bring in large revenue and profits. The share price ought to go lower as now even the imagination of such a business is taken away.
There is hope though, as a few small changes in the design might make cybertruck appealing to core truck buyers.
Elon Musk said the following during the Q2 2019 ER CC:
Elon Musk
Yes. I think it's probably too much focused on S and X . The S and X -- they are nice, but they're not -- and it's like without them we couldn't spell sexy. So the main reason, well not the main reason, but a reason is we want to keep spelling sexy. So, that is a reason, I should say not the main reason, but a reason to keep going with the S and X.
But the story for Tesla in future is fundamentally Model 3 and Model Y and I think like my guess is like long-term sales of – long term meaning, a couple of years I think. The demand for -- sales demand for 3 is like on the order of three quarters of a million units a year, and it's probably 1.25 million per year for Model Year, so they combined is like maybe two million from those two vehicles, and then S/X is like there may be 80,000 to 100,000 a year. So it's like 4% or 5% of the volume in 3 and Y. And then you could throw like a truck in there, pickup truck and a semi, but it just gets smaller and smaller. So they are great products, but they’re -- from a volume standpoint, they're not all that important in the long-term.
The last sentence sums it up. "They" refers to the Cybertruck and the semi, and their volume is not important.