I’d be surprised if it did, but maybe their definition of “around” is different than mine. 😉
11/30 Update - Cybertruck Delivery Event (Link)
- Thread starter Phenomenally Frantastic
- Start date
Yep. Was going to add they put themselves in a tighter box than just stating “2026.”
Off topic: Rivian CEO looks like a cleaned up version of Steve-O.
I can see why people would stop and look at a CyberTruck. I would check it out if I had the opportunity even though I’d never want one.
I kinda like the looks of that new Honda Prologue EV SUV.
I kinda like the looks of that new Honda Prologue EV SUV.
Saw a cybertruck on I10 yesterday. Looked pretty cool in person.
“I’ve never owned a Tesla simply because I’ve never needed one which meant I really didn’t know that much about the company so what I really loved about this project was discovering how insanely passionate Tesla employees and fans are about technology and innovation, like these people genuinely love what they do.
So even if you’re not a fan of electric vehicles or some of Tesla‘s designs, we should all be cheering for this aggressive, innovative, and passionate American company which employees a lot of American people because at the end of the day differences aside, we are all on the same team 🤝 (except for government mandated EV ownership, that is not on our team)”
Saw my third one at my kids soccer practice last night. My 5 yo makes a comment that it looks like something from Minecraft.
Don Lemon demanded the sun, the moon and the stars from the SpaceX boss – before being unceremoniously dumped this week, The Post has learned.
The ex-CNN anchor sent over an astronomical wish list to Elon Musk during contract talks to host a show on the billionaire’s social media platform X – including a free Tesla Cybertruck, a $5 million upfront payment on top of an $8 million salary, an equity stake in the multibillion-dollar company, and the right to approve any changes in X policy as it relates to news content, according to a document reviewed by The Post.
The ex-CNN anchor sent over an astronomical wish list to Elon Musk during contract talks to host a show on the billionaire’s social media platform X – including a free Tesla Cybertruck, a $5 million upfront payment on top of an $8 million salary, an equity stake in the multibillion-dollar company, and the right to approve any changes in X policy as it relates to news content, according to a document reviewed by The Post.
Saw first Cybertruck in the wild today. Noticed the headlights and looked to the oncoming lanes late to see it well, but I think it was in a gloss black wrap.
Anyway, prices cuts coming to Ford Lightnings:
Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightning pickup truck amid concerns about sliding demand across the EV industry. Meanwhile, an EV price war between the automakers rages on as unprofitable EV startups struggle to survive.
Let's begin with a Bloomberg report that says Ford is reducing the price of its Lightning pickup truck by up to 7.5%. Earlier this year, the company paused production of the truck and is set to resume production later in the month
The largest price cut is on the Flash extended-range model, where customers could expect to save $5,500. The model now starts at around $67,995. Ford told Bloomberg that price cuts will help it "adapt to the market to achieve the optimal mix of sales growth and customer value."
The downshift in EV demand has led Chief Executive Officer Jim Farley to reevaluate Ford's EV strategy by reducing spending on battery-powered vehicles by $12 billion, delaying the launch of various models, and beginning to offer an expanded lineup on gas-electric hybrid propulsion vehicles across North America.
Thousands of auto dealers nationwide recently warned the 'climate change warriors' in the White House: the 2030 EV push is backfiring.
"Currently, there are many excellent battery electric vehicles available for consumers to purchase. These vehicles are ideal for many people, and we believe their appeal will grow over time. The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots," the dealers said.
Many consumers do not embrace the government's and corporate America's forced EV adoption schemes. This is now entirely backfiring, as even Tesla's first-quarter deliveries lagged behind expectations, which may indicate more price cuts are coming.
"Reports of Ford reducing prices for the F-150 Lightning EV are sending shockwaves through the EV market, particularly affecting Rivian and Lucid," Bloomberg Intelligence analyst Steve Man said.
Man said, "Both startups are facing challenges that could be exacerbated by another round of EV price cuts, potentially eroding their profit margins and cash reserves at a time when they need to conserve cash."
Shares of Rivian dropped the most, down 6.5% in early afternoon trade. Shares of Lucid were down around 2.5%, and Tesla was flat on the session.
Recall analyst Adam Jonas at Morgan Stanley recently suggested consolidation is coming to the industry:
Anyway, prices cuts coming to Ford Lightnings:
Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightning pickup truck amid concerns about sliding demand across the EV industry. Meanwhile, an EV price war between the automakers rages on as unprofitable EV startups struggle to survive.
Let's begin with a Bloomberg report that says Ford is reducing the price of its Lightning pickup truck by up to 7.5%. Earlier this year, the company paused production of the truck and is set to resume production later in the month
The largest price cut is on the Flash extended-range model, where customers could expect to save $5,500. The model now starts at around $67,995. Ford told Bloomberg that price cuts will help it "adapt to the market to achieve the optimal mix of sales growth and customer value."
The downshift in EV demand has led Chief Executive Officer Jim Farley to reevaluate Ford's EV strategy by reducing spending on battery-powered vehicles by $12 billion, delaying the launch of various models, and beginning to offer an expanded lineup on gas-electric hybrid propulsion vehicles across North America.
Thousands of auto dealers nationwide recently warned the 'climate change warriors' in the White House: the 2030 EV push is backfiring.
"Currently, there are many excellent battery electric vehicles available for consumers to purchase. These vehicles are ideal for many people, and we believe their appeal will grow over time. The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots," the dealers said.
Many consumers do not embrace the government's and corporate America's forced EV adoption schemes. This is now entirely backfiring, as even Tesla's first-quarter deliveries lagged behind expectations, which may indicate more price cuts are coming.
"Reports of Ford reducing prices for the F-150 Lightning EV are sending shockwaves through the EV market, particularly affecting Rivian and Lucid," Bloomberg Intelligence analyst Steve Man said.
Man said, "Both startups are facing challenges that could be exacerbated by another round of EV price cuts, potentially eroding their profit margins and cash reserves at a time when they need to conserve cash."
Shares of Rivian dropped the most, down 6.5% in early afternoon trade. Shares of Lucid were down around 2.5%, and Tesla was flat on the session.
Recall analyst Adam Jonas at Morgan Stanley recently suggested consolidation is coming to the industry:
First cybertruck spotted on 4/11? Must live around poors. Have seen at least one every single day for 10 days now (not counting the two I see almost everyday at school drop off). Best was seeing a 65+ year young grandmother get out of one.
Can get a good deal on a model y right now with the price cut. Attempting to move more units to get closer to projections, and/or attempting to get rid of stock before spy shots of the model y refresh hit.
Would think the not-so-secret Model 3 plaid will be made available soon. Already having some issues with current/newish model 3 production, so interested to see how new sku factors in.
Can get a good deal on a model y right now with the price cut. Attempting to move more units to get closer to projections, and/or attempting to get rid of stock before spy shots of the model y refresh hit.
Would think the not-so-secret Model 3 plaid will be made available soon. Already having some issues with current/newish model 3 production, so interested to see how new sku factors in.
Tesla Cybertruck Owners' Forum Is Already Full Of Tales Of Broken, Malfunctioning Cybertrucks
From brake light malfunctions to full-on failures, if you want to know just how bad things are with the Cybertruck, check the owners forums.
jalopnik.com
Saw a few on spring break in Texas. Looked pretty sweet if you ask me.
Shares of Rivian Automotive Inc. fell 4% in the extended session Tuesday after the EV maker posted mixed quarterly results, reporting a wider-than-expected loss but revenue above Wall Street’s expectations.
The results “set a strong foundation to the remainder of the year,” Chief Executive RJ Scaringe said on a call after the results.
Rivian RIVN, -0.77% lost $1.45 billion, or $1.48 a share, in the first quarter, compared with a loss of $1.35 billion, or $1.45 a share, in the year-ago quarter.
…
The company reaffirmed the 2024 guidance it provided earlier this year of producing 57,000 EVs and an Ebitda loss of $2.7 billion. Rivian cut down on its capital-expenditure budget required to launch R2 to $1.2 billion, a reduction of $550 million.
That cash-conservation move won praise from investors, and Rivian also said at the time it was pausing construction of its $5 billion plant in Georgia.
Rivian last week said it got more than $800 million in incentives from Illinois to expand the Normal plant.
The results “set a strong foundation to the remainder of the year,” Chief Executive RJ Scaringe said on a call after the results.
Rivian RIVN, -0.77% lost $1.45 billion, or $1.48 a share, in the first quarter, compared with a loss of $1.35 billion, or $1.45 a share, in the year-ago quarter.
…
The company reaffirmed the 2024 guidance it provided earlier this year of producing 57,000 EVs and an Ebitda loss of $2.7 billion. Rivian cut down on its capital-expenditure budget required to launch R2 to $1.2 billion, a reduction of $550 million.
That cash-conservation move won praise from investors, and Rivian also said at the time it was pausing construction of its $5 billion plant in Georgia.
Rivian last week said it got more than $800 million in incentives from Illinois to expand the Normal plant.
