this post was submitted on 08 May 2026
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[–] teyrnon@sh.itjust.works 23 points 2 hours ago* (last edited 2 hours ago) (1 children)

The stock market is clownicized. That the flagship product of this company being dogshit, whose intrinsic value can't exceed 10 billion didn't tank the stock price that is currently valued at 1.5 trillion dollars, that gave the ceo 60 billion for hyping the stock price without producing actual income to justify that, well, it speaks for itself.

I would argue our bail outs are a factor in this, investor's don't fear a major downturn and are more reckless, knowing any large losses will be socialized from the backs of working people, their victims, while all gains are privatized.

[–] MalReynolds@slrpnk.net 2 points 1 hour ago

Price to earnings is a sanity check. There is no sanity here (Tesla), nor does it apply to many such corpos, line must go up! The only sanity is (insider) knowing enough to get out at the right time, if you don't, you're the product (fattened pig).

[–] cecilkorik@piefed.ca 21 points 3 hours ago

It's a safety feature. You're actually safer once the wheels fall off, because it can no longer go anywhere.

[–] Tyrq@lemmy.dbzer0.com 23 points 3 hours ago* (last edited 1 hour ago) (1 children)

No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn't better, and I doubt the margin on sales makes up for this.

The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it's an advantage simply because they're still holding value somehow

[–] teyrnon@sh.itjust.works 16 points 2 hours ago (1 children)

The market is completely divorced from fundamentals. It's a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.

[–] Tyrq@lemmy.dbzer0.com 4 points 1 hour ago (1 children)

I wonder how long that can continue, somethings gotta give with all these straws they keep adding to the struggling camel, one assumes anyway

[–] teyrnon@sh.itjust.works 2 points 1 hour ago

Right? But it's been like 7 plus years, longer really, at some point the FED and USG (US government,) won't be able to hold up this house of cards. But when?

The sad fact is they will bail these assholes out on our backs too, another straw, with the promise of trillions of straws on our backs. Something has got to give here. We are on an unsustainable path.

[–] ArmchairAce1944@discuss.online 4 points 2 hours ago

The car that blade runner would drive everyone!

[–] testaccount789@sh.itjust.works 5 points 2 hours ago
[–] limonfiesta@lemmy.world 124 points 6 hours ago (5 children)

All 173 of them.

Yes, you read that correctly:

Tesla only sold 173 of the Cybertruck RWD base model.

[–] smeenz@lemmy.nz 2 points 1 hour ago

RWD=Really Weird Design

[–] Steve@communick.news 29 points 6 hours ago (1 children)

That makes sense.
If you want a Cybertruck, you want the all-wheel version.

[–] SaveTheTuaHawk@lemmy.ca 10 points 5 hours ago (1 children)
[–] Steve@communick.news 4 points 5 hours ago

Are they not supposed to?
I don't get it.

[–] 13igTyme@piefed.social 24 points 6 hours ago* (last edited 6 hours ago) (1 children)

How many versions of the trashcan are there?

[–] thanksforallthefish@literature.cafe 18 points 6 hours ago (1 children)

Iirc but cant be arsed to check, 3 models - base (rwd) mid range (awd) and premium (awd with a bigger battery)

[–] poopkins@lemmy.world 1 points 1 hour ago

"premium" 😂

[–] YaksDC@sh.itjust.works 10 points 6 hours ago (3 children)

I was living in Arlington VA near the new Amazon corporate HQ. I feel like I saw all 173 of those things.

[–] cheat700000007@lemmy.world 1 points 2 hours ago (1 children)

I see multiple daily near Vancouver - how many are repeat I don't know though

[–] xthexder@l.sw0.com 2 points 2 hours ago (1 children)

It's hard to tell when they're all the same color.

[–] tempest@lemmy.ca 1 points 1 hour ago

Here in Canada they get vinyl wrapped pretty quick to help protect from the salt.

As such they are pretty identifiable. There's about 3 in my neighborhood I see from time to time.

I actually thought they were interesting looking when they first pitched them. Would never buy one now though for all obvious reasons.

[–] dmtalon@infosec.pub 2 points 4 hours ago

I almost replied similarly, just means they didn't sell many BASE models.

I live in a relatively rural area outside a city "highway loop" and I see them all the time here. Someone down the road at a small business owns one so I see that one all the time but there are plenty around here and often wrapped in some weird colors.

[–] cheese_greater@lemmy.world 4 points 5 hours ago (1 children)
[–] Triumph@fedia.io 3 points 3 hours ago

DE is for ghost companies.

[–] bitjunkie@lemmy.world 6 points 6 hours ago

That probably just means that the Elon fanboys with enough money for it went for the higher-end AWD versions.

[–] WandowsVista@lemmy.world 5 points 3 hours ago

they should have used a focus group

[–] ulkesh@piefed.social 5 points 3 hours ago

A-hahahahahahaha. AHAHAHAHAHAHA. AHAHAHAHAHAHA!!!! breathes deeply AHAHAHAHAHAHAHA!

I didn't realize they offered a NWD option.

[–] MonkderVierte@lemmy.zip 4 points 3 hours ago* (last edited 3 hours ago)
[–] 13igTyme@piefed.social 50 points 6 hours ago (4 children)

At least the front didn't fall off.

[–] ProfessorScience@lemmy.world 35 points 6 hours ago (1 children)

Most of the time the front doesn't fall off at all! Unless a wave hits it.

[–] MalReynolds@slrpnk.net 3 points 1 hour ago* (last edited 1 hour ago)

Classic. No, I didn't click. Please don't be Rick Astley (also a classic). OK I did click and it's not. Here's the context... Clarke and Dawe - The Front Fell Off - YouTube

[–] kambusha@sh.itjust.works 14 points 5 hours ago

Tesla is towing them outside the environment.

[–] Rhaedas@fedia.io 15 points 6 hours ago

It might be better if it was made of cardboard or cardboard derivatives.

[–] BarneyPiccolo@lemmy.cafe 2 points 3 hours ago

It looks like a refrigerator on wheels, and I'll bet the ice maker doesn't work.

[–] MushuChupacabra@piefed.world 15 points 6 hours ago (1 children)

In a normal company, insisting on bringing the cybertruck to marked would have resulted in the CEO getting punted.

[–] homesweethomeMrL@lemmy.world 6 points 5 hours ago

Gotta pack the board with lickspittles and family members.

[–] panda_abyss@lemmy.ca 13 points 6 hours ago (2 children)
[–] SaveTheTuaHawk@lemmy.ca 10 points 3 hours ago (1 children)

the hot glue panel and gas pedal assembly is Musk genius. You don't understand.

[–] MonkderVierte@lemmy.zip 3 points 3 hours ago (1 children)

Why make it safe if you can still sell it to morons?

Btw, nobody sued them?

[–] teyrnon@sh.itjust.works 2 points 2 hours ago

They likely made people waive their right to sue in buying it, welcome to the 21st century.

[–] HuudaHarkiten@piefed.social 3 points 4 hours ago

Indeed it is. If it had amazing capabilities and performance off road, if it was bulletproof, if its body panels (and apparently wheels) wouldnt fall off, if it had perfect self driving capabilities... It would still be stupid.

But it doesn't have any of those tings. Its extremely stupid.

[–] floppybiscuits@lemmy.world 2 points 4 hours ago

Did life just turn into a ITYSL bit?

[–] Assassassin@lemmy.dbzer0.com 4 points 6 hours ago

Really reinforcing the whole "cyberstuck" meme, eh?

[–] rozodru@piefed.world 2 points 5 hours ago (2 children)

May fall off? hell you can total a Cybertruck with your bare hands. you can probably just pull them off without any tools.

[–] teyrnon@sh.itjust.works 2 points 2 hours ago

This kid is bombastic, but shows you the vulnerabilities in the cybertruck, up against some ford truck. He buys a new one of each and trashes them in tests, the cybertruck just fails over and over.

https://www.youtube.com/watch?v=PK_EJ3DyiiA

[–] Flower@sh.itjust.works 1 points 3 hours ago

Why bother with manual labor. Leaving it in the rain already ruins them.

[–] MedicPigBabySaver@lemmy.world 1 points 5 hours ago

Musk = POS Nazi.

[–] GuyIncognito@lemmy.ca 0 points 5 hours ago

you won't care