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Tesla Cybertruck sales inflated: SpaceX bought 1,279 units
- jazz9k 7mo agoThis also happens in the Startup community....
- nickff 7mo agoIt is very popular in many industries; when it is accomplished by convincing re-sellers to take in more stock than they desire, it is called 'stuffing the channel'. Book publishers are famous for doing this to achieve 'best-seller' status.
- jgbuddy 7mo agoWhat would the alternative have been? Not reporting that they were purchased at all? The premise here seems to be that spacex purchased the trucks for the sole purpose of inflating the tesla reporting, which of course makes no sense from a business perspective
- benj111 7mo agoExcept when the CEO of publicly owned Tesla gets paid based on performance.
- browningstreet 7mo agoElon keeps doing things that make no sense from a business perspective and he’s defended by people who exclaim it couldn’t have happened like that because it makes no sense from a business perspective.
- deleted 7mo ago[deleted]
- nitwit005 7mo agoThe general behavior of doing things that don't particularly make sense from a business perspective, to make numbers look better, is unfortunately common. People exploit it by doing things like trying to get a discount near end of quarter.
- bmitc 6mo agoI'm fairly certain that a lot of Musk's recent moves of creating that umbrella AI company, doing things like this, etc. are all to pass around the dept he took on when he purchased Twitter. He's effectively money laundering his debt through a ton of shenanigans.
- bonesss 6mo agoThe unfortunate corollary to that reasoning: Elons shenanigans and election interference were well aimed efforts to create favourable regulations and a regulatory that would directly enrich him and enable more shenanigans. Seen as a corrupt investment, with DOGE data access in the middle, buying an election through Twitter has been directly profitable for Elon with obvious and visible downstream upsides for his financiers partners and collaborators in such shenanigans.
- LiquidSky 6mo agoYou need to be careful here, you're falling into the inverse "Elon is a visionary genius" trap: "Elon is an evil genius". For example: >buying an election through Twitter It's weirdly forgotten now, but Musk didn't want to end up owning Twitter. After making the impulsive buy offer, he spent that summer and fall desperately trying to get out of the deal. He finally gave in when it became clear he was going to lose in court. It was a major failure for him, and it's odd seeing this aspect of the Twitter purchase memory-holed and reframed as some 19D chess move.
- aucisson_masque 7mo ago> The premise here seems to be that spacex purchased the trucks for the sole purpose of inflating the tesla reporting, which of course makes no sense from a business perspective I think you missed the part where Tesla is overevaluated and any bad news could utterly crush it's share value.
- solarkraft 7mo ago“This makes no sense” => “I don’t understand the purpose” The most obvious motive is juicing the numbers.
- qq66 7mo agoIt makes no sense? When the companies have the same CEO?
- none2585 7mo agolol bro Fucking of course it makes sense they are both owned by Elon.
- solid_fuel 6mo ago> What would the alternative have been? Not reporting that they were purchased at all? They could have purchased any other vehicle, from any other manufacturer. Any other heavy duty truck would be a better choice than the Cybertruck, which is impractical and poorly designed. > The premise here seems to be that spacex purchased the trucks for the sole purpose of inflating the tesla reporting, which of course makes no sense from a business perspective It's almost like the owner of SpaceX, which is doing quite well right now, made a decision designed to benefit the owner of Tesla, which is struggling to sell a bunch of 2-ton chrome shitboxes. Wonder what those two individuals have in common. I'm sure that anyone, even you, will be able to figure it out with a little googling.
- snypher 6mo agoThey're around 6,600lbs (3,000kg) so maybe even 3 tons of shitbox!
- darthnebula 6mo agoJust the fact that this comment has been voted down just goes to show that Hacker News is no longer the place it once was. Pretty sad.
- hnburnsy 7mo agoCurrently no in stock new or used and a two month delivery estimate.
- vel0city 7mo ago> two month delivery estimate. Their website for my zip said two weeks. Which seems like a long while, seeing as how their big "can't-call-it-a-dealsership" nearby has like 20-30 sitting on the lot for a while. I imagine they'd make their two week estimate early. There's about 30 or so listed used online around me.
- deleted 7mo ago[deleted]
- thelastgallon 6mo agoWait for SpaceX to resell these to Tesla at a significant loss. Tesla sells these used at a decent profit, boosting both numbers and profits.
- ChrisArchitect 7mo ago[dupe] https://news.ycombinator.com/item?id=47799420 https://news.ycombinator.com/item?id=47799420
- quicklywilliam 7mo agoThe real question is who bought the other 5,742 of them
- thelastgallon 6mo agoYouTube influencers who are showing off how successful they are and everyone should buy their courses to copy their success. Exhibit A for success: Cybertruck in background.
- bmitc 6mo agoIt's kind of weird. I haven't met a single person in real life that doesn't basically giggle out of embarrassment for the driver when a Cybertruck goes by. No one I know thinks they're cool in the slightest, and they're openly laughed at. It's bizarre that anyone thinks they're cool.
- ls612 6mo agoAt least 5-10 people in the apartment I live in, plus more on the streets of Nashville.
- bmitc 6mo agoHow is this deemed not a conflict of interest? SpaceX is almost totally funded by the government. You can't use government funds to buy your own products.
- ulfw 6mo agoWell, clearly you can.
- throwa356262 6mo agoYou must be new here
- straydusk 6mo agoI'm telling you, every time I see someone driving one it's the biggest dweeb alive