4 ms·

$50k Cybertruck will never exist, any more than $30k Model 3 existed.

reducesuffering 3y ago
Musk promised $35k Model 3, which did in fact exist at first, for a couple months. It's now $39k. https://www.theverge.com/2016/3/31/11335272/tesla-model-3-announced-price-release-date-specs-preorder https://www.theverge.com/2016/3/31/11335272/tesla-model-3-an... https://www.tesla.com/blog/35000-tesla-model-3-available-now https://www.tesla.com/blog/35000-tesla-model-3-available-now
- oittaa 3y ago
  Inflation adjusted that $35k would be over $43k nowadays so it's actually quite a lot cheaper than promised. And it comes with many features included like Autopilot, which I think was a $3k option back then.
- _ea1k 3y ago
  Yep, and it was a better vehicle than originally announced to. The pack was top limited in software too, so it supercharged pretty well.
angoragoats 3y ago
The initial Cybertruck announcement had the three trim levels priced at $39,990, $49,990, and $69,990. This is a price increase of between $21k and $30k, across the board. The original top-level $69,990 trim also advertised a 500-mile range, which is now down to 320 miles. Were they just making shit up? If I had put a deposit down back in 2019 I'd be pretty upset. Edit: I just looked and Musk himself has stated that there have been over 1 million preorders/deposits for this vehicle. So they collected at least $100MM of customer money based on completely made up pricing/specs. WTF.
- m463 3y ago
  When I look at this webpage, it seems like the initial announcement all over again. They just want you to put down a deposit, and says "reserve" not "buy".
  - angoragoats 3y ago
    Yeah I agree. But there are a large number of people (I think 100k+) who put down a deposit between 2019 and today. I realize it's refundable but it's still a slimy thing to do.
- danans 3y ago
  > Were they just making shit up? > So they collected at least $100MM of customer money based on completely made up pricing/specs. WTF. Correct and correct. And not every manufacturer does this, by the way. The price/specs of the EV I pre-ordered (Volkswagen) did not change much by the time I purchased it.
  - angoragoats 3y ago
    Yeah, I'm aware. Tesla should at minimum be legally required to pay interest to anyone who requests a refund.
    - misiti3780 3y ago
      interest on a 100 dollar deposit?
      - angoragoats 3y ago
        Yes.
        angoragoats 3y ago
        I'll elaborate more: yes, because with a million plus deposits at such a low absolute dollar amount, certainly a significant portion of those are going to cancel. The ~15-25% of cumulative interest, while probably not that meaningful to each individual reservation holder, will add up in aggregate, and will hopefully act to disincentivize Tesla from making false claims about its future products again. I'd be extra pleased if the FTC issued a fine in conjunction with the above, for false advertising.
  - pkulak 3y ago
    The Volvo I ordered over a year ago has gone down in price and up on features, according to the spec sheet released today.

Musk promised $35k Model 3, which did in fact exist at first, for a couple months. It's now $39k. https://www.theverge.com/2016/3/31/11335272/tesla-model-3-announced-price-release-date-specs-preorder https://www.theverge.com/2016/3/31/11335272/tesla-model-3-an... https://www.tesla.com/blog/35000-tesla-model-3-available-now https://www.tesla.com/blog/35000-tesla-model-3-available-now

oittaa 3y ago
Inflation adjusted that $35k would be over $43k nowadays so it's actually quite a lot cheaper than promised. And it comes with many features included like Autopilot, which I think was a $3k option back then.
_ea1k 3y ago
Yep, and it was a better vehicle than originally announced to. The pack was top limited in software too, so it supercharged pretty well.

angoragoats 3y ago

The initial Cybertruck announcement had the three trim levels priced at $39,990, $49,990, and $69,990. This is a price increase of between $21k and $30k, across the board. The original top-level $69,990 trim also advertised a 500-mile range, which is now down to 320 miles. Were they just making shit up? If I had put a deposit down back in 2019 I'd be pretty upset. Edit: I just looked and Musk himself has stated that there have been over 1 million preorders/deposits for this vehicle. So they collected at least $100MM of customer money based on completely made up pricing/specs. WTF.

m463 3y ago
When I look at this webpage, it seems like the initial announcement all over again. They just want you to put down a deposit, and says "reserve" not "buy".
- angoragoats 3y ago
  Yeah I agree. But there are a large number of people (I think 100k+) who put down a deposit between 2019 and today. I realize it's refundable but it's still a slimy thing to do.
danans 3y ago
> Were they just making shit up? > So they collected at least $100MM of customer money based on completely made up pricing/specs. WTF. Correct and correct. And not every manufacturer does this, by the way. The price/specs of the EV I pre-ordered (Volkswagen) did not change much by the time I purchased it.
- angoragoats 3y ago
  Yeah, I'm aware. Tesla should at minimum be legally required to pay interest to anyone who requests a refund.
  - misiti3780 3y ago
    interest on a 100 dollar deposit?
    - angoragoats 3y ago
      Yes.
      - angoragoats 3y ago
        I'll elaborate more: yes, because with a million plus deposits at such a low absolute dollar amount, certainly a significant portion of those are going to cancel. The ~15-25% of cumulative interest, while probably not that meaningful to each individual reservation holder, will add up in aggregate, and will hopefully act to disincentivize Tesla from making false claims about its future products again. I'd be extra pleased if the FTC issued a fine in conjunction with the above, for false advertising.
- pkulak 3y ago
  The Volvo I ordered over a year ago has gone down in price and up on features, according to the spec sheet released today.