this post was submitted on 03 Jan 2025
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Emphasis theirs.

It has been hard to track Tesla’s sales because the automaker is the most opaque when it comes to breaking down sales per model. Tesla bundles sales of Model 3 and Model Y together and all other vehicles (Model S, Model X, Cybertruck, and Tesla Semi) into its “other models” category.

Today, Tesla released its Q4 delivery numbers and confirmed that it delivered 23,640 units of its “other models.”

Based on how Model S and Model X sales have been tracking, we estimate that Tesla delivered between 9,000 and 12,000 Cybertrucks in Q4, which is likely less than in Q3 despite launching the cheaper non-Foundation Series models and opening orders beyond those with reservations.

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[–] Doubledee@hexbear.net 97 points 3 days ago (2 children)

I hear the rentals are booming.

[–] RION@hexbear.net 57 points 3 days ago (4 children)

I remember when Tesla's days were supposed to be numbered, like, five years ago. I don't think market fundamentals matter anymore. If you have enough money you can just do whatever you want and your company will go to the moon

[–] glab_the_slab@hexbear.net 14 points 2 days ago

Stocks are based on rich peoples feelings and not any reality

[–] barrbaric@hexbear.net 22 points 3 days ago (1 children)

IIRC the company is still way overvalued relative to their actual production as compared to other car companies, it's just that even with the decline when Musk became an open nazi, there are still enough rich tech-bros supporting him and buying shares to keep the price high.

[–] MattsAlt@hexbear.net 20 points 3 days ago (5 children)

It's not even tech bros, many, many 401k's and other funds include Tesla because of the stock performance. If the company were to tank it'd have significant impact on the entire country. They're literally too big to fail

[–] ComradeLove@hexbear.net 26 points 3 days ago (1 children)

Tesla's market cap is triple Toyota with 1/5 the earnings.

[–] someone@hexbear.net 24 points 3 days ago

The rationality of the free market!

[–] crime@hexbear.net 15 points 3 days ago (1 children)

what's the lib version of inframaterialism, infra-immaterialism?

is it warhammer 40k that has a species whose space fleet is powered by the collective belief in the fact that it works? red ones go faster or whatever?

[–] neroiscariot@hexbear.net 5 points 2 days ago

Yeah, that's orks

[–] Wolfman86@hexbear.net 3 points 2 days ago

If it tanked it would have an impact on the whole world, loads of people and pensions etc are in to it.

[–] Clent@lemmy.dbzer0.com 3 points 2 days ago

Too big to fail implies the government will prop them up when it fails. I can't see that happening. There are simply no assets, no employee base, it's all fluff.

Reminds me of Enron. The clues are there but everyone chooses to ignore them so they can make money today.

[–] elpaso@hexbear.net 11 points 3 days ago (1 children)

I regret not buying Tesla stock during the pandemic. It was a free money machine.

[–] Ildsaye@hexbear.net 5 points 2 days ago* (last edited 2 days ago)

farnsworth Good news! The pandemic is ongoing!
No more stimmies though only-throw

[–] Clent@lemmy.dbzer0.com 6 points 2 days ago

The thing with companies crashing is it only happens once. The longer this one stays over valued the harder the tumble will be.

I predict the overall stock market is going to get hit hard around this one. With a trillion dollar market cap, it's not just frat boys and speculators who own this stock.

[–] MF_COOM@hexbear.net 35 points 3 days ago

I guess pointing and laughing at every Cybertruck is paying off keep it up comrades

[–] viva_la_juche@hexbear.net 39 points 3 days ago (5 children)

There’s a service center near my house with probably 100 of them sitting on a field next to it. I always wonder if they’re waiting to go to whoever bought them of if they’re just sitting there jic. But there’s been a pile of them for a couple months now

[–] PKMKII@hexbear.net 19 points 3 days ago

It’s been long speculated that Musk plays games with moving stock of Teslas around so they can be reported as “in transit” rather than surplus collecting dust in yards.

[–] SuperZutsuki@hexbear.net 19 points 3 days ago

Could also be 100 defective units lol

[–] Azarova@hexbear.net 8 points 3 days ago

Back ordered parts maybe? Every time I hear about one of these things breaking, the service time is absurdly long, like weeks to months.

[–] JoeByeThen@hexbear.net 3 points 3 days ago (1 children)
[–] HexReplyBot@hexbear.net 2 points 3 days ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

[–] JoeByeThen@hexbear.net 31 points 3 days ago

NGL, I thought these pieces of dung were supposed to be like high end rarities. I didn't realize they were actually putting them out en masse, or attempting too at least. Seeing 2 of them around town has me luau

[–] EstraDoll@hexbear.net 25 points 3 days ago (1 children)

tfw you make a bunch of ugly, extremely unreliable cars that sell for an extremely high price and nobody buys them doug-point-cry

[–] SoJB@lemmy.ml 4 points 2 days ago

They’re piling up in used car lots in Hawaii.

Good luck clearing inventory when the next market is 2500 miles away lmao, get cyberfucked

[–] Hohsia@hexbear.net 16 points 3 days ago (1 children)

hypersus

Yet Tesla stock keeps going up?

[–] JayTreeman@hexbear.net 10 points 2 days ago

It's almost like there's no correlation between how a company performs and it's stock price

[–] QuillcrestFalconer@hexbear.net 23 points 3 days ago

That's 10000 too many though

[–] AOCapitulator@hexbear.net 23 points 3 days ago* (last edited 3 days ago)

Woke did this

[–] peeonyou@hexbear.net 20 points 3 days ago (1 children)

every goddamned one of them is in the bay area then because you can't go anywhere without seeing one

[–] AnarchoAnarchist@hexbear.net 12 points 3 days ago

Lots in Austin too.

[–] technocrit@lemmy.dbzer0.com 5 points 2 days ago

How long until they're bricked?

Fedora M’lady ass car

[–] expansionglorify@reddthat.com 11 points 3 days ago

I saw a lime green one the other day, gave the driver the finger as they passed. Feels good knowing EM has access to that data and his caged AI is being trained on it