Elon Musk Is Making Cybertruck Sales Look Better by Selling a Huge Number to Himself

[WhiteTara]

https://finance.yahoo.com/news/elon-musk-making-cybertruck-sales-150514507.html

In 2023, Tesla CEO Elon Musk promised that his EV maker’s upcoming Cybertruck would sell like hotcakes, delivering between 250,000 and 500,000 units per year once the company hit its stride.

But over two years later, Tesla hasn’t even gotten close, in yet another instance of Musk vastly overpromising while severely underdelivering. In reality, the carmaker’s pickup truck has flopped hard, not even selling 20,000 units this year.

And the real picture could look even worse without some creative insider efforts to hide the company’s abysmal Cybertruck sales: Musk has started selling unsold Cybertruck inventory to his own companies, as Electrek reports; SpaceX has taken delivery of hundreds of the trucks and is expected to receive thousands more. Carriers were also seen delivering trucks to Musk’s AI startup xAI’s offices.

snip

While Q3 results were not quite as grim as analysts expected — expiring $7,500 EV tax credits caused consumers to rush to showrooms in the last minute — Tesla might be in for more pain after Q4 wraps up. The federal tax credit expired on September 30, as part of president Donald Trump’s so-called “Big, Beautiful Bill,” which may put a damper on already precipitously dropping sales figures.

And imagine how bad those figures would look if Musk weren’t selling a huge number of them to himself.

lie, cheat , steal is all they've got

[tanyev]

1. He's such a fraud.

[cbabe]

2. Same as rnc bulk buys

Vanity Fair
https://www.vanityfair.com › news › 2020 › 10 › is-the-gop-gaming-the-new-york-times-bestseller-lists

The NYT Best-Seller List Has an Awful Lot of Right-Wing Trump-Loving ...

In 2020, 17 books on the New York Times hardcover nonfiction best-seller list have scored their spots by dint of bulk buys.

[dalton99a]

3. No decent person should give a penny to that South African Nazi

[AZJonnie]

4. Everything Trump Touches Dies

Remember when Mango Mussolini turned the White House lawn into a tacky-ass (and probably illegal) mini-Tesla dealership?

Tough shit, Eloon. This is what happens when you involve Traitor Trump. It's axiomatic

[Blue Owl]

5. Might look good on Tesla's books but won't increase consumer appeal of those hideous abominations

[viva la]

6. I used to see one around my town--

I never see it anymore. Monstrous ugly. I bet the guy traded it in for a Ford truck!

[BannonsLiver]

14. Starting in 2023 and well into last year I saw them all the time in my city.

But I've noticed a marked decrease in sightings this year. Purely anecdotal of course, but they stand out and I get out quite a bit so am on the road on a lot.

[RedWhiteBlueIsRacist]

7. That Muskmobile is more like a minivan sporting a laundry basket than a pickup.

In the red maga area I live in, I've seen one of those hideous rolling triangles since their debut. Bubba no likey!

[Norrrm]

9. The Muskmobile freight wagon. Stylish, too.

[RedWhiteBlueIsRacist]

11. LOL!

[edhopper]

8. Keep buying Tesla stock

Fools!

[Wounded Bear]

10. Much like all of those "bestseller" books over the last couple of decades...

Some form of bulk insider purchases meant to inflate their popularity. Being that rich should be illegal.

[Norrrm]

12. tesla stock TSLA

https://www.google.com/search?q=tesla+stock&rlz=1C1AWUC_enUS1014US1023&oq=tesla+stock&gs_lcrp=EgZjaHJvbWUyFAgAEEUYORhGGIMBGPoBGLEDGIAEMg0IARAAGIMBGLEDGIAEMg0IAhAAGIMBGLEDGIAEMg0IAxAAGIMBGLEDGIAEMg0IBBAAGIMBGLEDGIAEMg0IBRAAGIMBGLEDGIAEMgoIBhAAGLEDGIAEMgoIBxAAGLEDGIAEMg0ICBAAGIMBGLEDGIAEMgcICRAAGIAE0gEKMTYwNzBqMGoxNagCCLACAfEFaCnQzfNK5N0&sourceid=chrome&ie=UTF-8

[BannonsLiver]

13. I remember our resident Musk bro writing "BeSt SeLliNG ElecTRic TruCK in THe woRLd!!11"

Anytime someone questioned the mighty Cyber Truck's future, which doesn't look so good at the moment.