“$800 million worth”?
“Nobody wants”?
Sounds like creative accounting…
this post was submitted on 13 May 2025
993 points (98.1% liked)
Technology
70267 readers
4211 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
They tried that in Canada and got caught. They'll get a free handy for doing it in the US under Tump though.
That’s what Trump’s big legal battle with New York was about - lying about the value of a penthouse or something.
So much of these “rich” fuckers wealth is just bullshit on paper.
load more comments
(1 replies)
The photograph that says it all. Let's remember Elon Musk for the Nazi that he is.
This photo is taken out of context, though. I mean, he slapped his chest before the salute, and he did it twice in a row... Ah shit nevermind, he's a Nazi.
The hand on his heart really does make you think twice about the meaning though, just like it did with that other guy.
Wow. I had no doubt it was a salute, but seeing them side-by-side is chilling
load more comments
(2 replies)
load more comments
(1 replies)
load more comments
(1 replies)
load more comments
(1 replies)
If nobody wants them, then they are worth $0.
You could definitely sell those for more than $0. The batteries alone aren't cheap.
So somewhere inbetween as the article says "more than 10,000 units" and "$800m" so they appear to be valuing them at ~$80k/unit which is ridiculously optimistic.
My guess is closer to 1/3rd of that value but nobody likes to lose half a billion in the blink of an eye
load more comments
(3 replies)
load more comments
(3 replies)
Next week: US Department of Defence announces purchase of fleet of Cybertrucks.
Can't wait to meet the successor to M1 Abrams: the M2 Sad Tin Can.
load more comments
(2 replies)
If nobody wants them... they are not worth that amount. simple economics.
supply and demand...
load more comments
(9 replies)
You know, by stock market logic, this would mean they aren't actually worth $800m
If the stock market had anythign to do with logic Tesla wouldn't be worth more than all other car manufacturers combined
load more comments
(1 replies)
load more comments
(4 replies)
I am expecting them to end up as ICE technicals, used to hunt down dissidents like...checks notes...American citizens, children, and the elderly.
So your saying one will be able to avoid ICE by simply escaping on days when its raining?
load more comments
(1 replies)
load more comments
(3 replies)
$800 Million Worth of Cybertrucks
Cybertrucks aren't worth the glass of the molotovs that ignite them.
Worth and cost are not synonyms.
load more comments
(3 replies)
Cybertrucks are just sitting around, waiting for someone to officially label them the DeLorean of the 21st century.
Hey! You take that back! DeLoreans were always cool cars. Their demise wasn't due to lack of popularity, the company just had problems getting established, and ultimately didn't survive its initial growth phase.
Nobody despised the DeLorean, or it's owner. They just ran out of money, and he tried a desperate Hail Mary play, that didn't work.
load more comments
(14 replies)
"nobody wants" or 60% of Americans can't afford basic living expenses?
load more comments
(10 replies)
Wait, now it's only $700 million. $400 million. $34 million... And it's $6.50.
Yeah, I guess there is someone out there who would buy a fleet of dumpster cars for $6.50.
Can someone explain how the demographic of people who loved to park their gas guzzlers to purposefully block tesla charging stations are now Musk fanboys all of a sudden?
Oppositional Defiant Disorder.
load more comments
(3 replies)
Time to bury them in the desert right beside the ET Atari cartridges.
load more comments
(2 replies)
Is that price at full retail price or cost of parts. Either way, sounds like someone misjudged the market by a lot and needs to be ejected from their CEO role.
load more comments
(3 replies)
$800 million worth is giving a lot of value to something they can barely give away. Maybe $800K worth of material after the cost of dismantling.
load more comments
(5 replies)
view more: next ›