I think you mean thats the price they’d need to sell at for Tesla/Musk to cover production costs, cover the sunk costs of already made capital investments (Mexico Gigafactory, etc), cover the ongoing costs of ‘Full Self Drive’ development, cover the debt of the company, cover a significant chunk of Musk’s personal debt from his leveraged buyout of Twitter (he had to finance that), and/or also some actual profit margin, go toward future stock buybacks, etc etc…
The article says, and cites, that there are over 10k unsold CyberTrucks.
10k * 80k = 800m
80k being the MSRP for the base model.
(In the case of Tesla, they own and directly operate their own dealerships, unlike most other car dealerships which are owned independently… thus the MSRP just literally is the only price you can buy them at. Tesla also makes you sign contracts when you buy a CyberTruck that more or less make it legally near impossible to resell your purchased CT second hand.)
MSRP != Cost to Produce.
If that were the case… basically all companies that sell physical things… would be Non Profits.
If you have access to Tesla’s internal accounting and finance numbers that can actually show a CyberTruck’s actual cost to produce, not only would I personally love to see that, but so would the government of Canada, I suspect, as they are currently investigating Tesla for essentially accounting fraud.
Guess they’re not really worth $800 million dollars, then, are they?
It’s probably the cost to produce them. That’s real countable money.
I think you mean thats the price they’d need to sell at for Tesla/Musk to cover production costs, cover the sunk costs of already made capital investments (Mexico Gigafactory, etc), cover the ongoing costs of ‘Full Self Drive’ development, cover the debt of the company, cover a significant chunk of Musk’s personal debt from his leveraged buyout of Twitter (he had to finance that), and/or also some actual profit margin, go toward future stock buybacks, etc etc…
The article says, and cites, that there are over 10k unsold CyberTrucks.
10k * 80k = 800m
80k being the MSRP for the base model.
(In the case of Tesla, they own and directly operate their own dealerships, unlike most other car dealerships which are owned independently… thus the MSRP just literally is the only price you can buy them at. Tesla also makes you sign contracts when you buy a CyberTruck that more or less make it legally near impossible to resell your purchased CT second hand.)
MSRP != Cost to Produce.
If that were the case… basically all companies that sell physical things… would be Non Profits.
If you have access to Tesla’s internal accounting and finance numbers that can actually show a CyberTruck’s actual cost to produce, not only would I personally love to see that, but so would the government of Canada, I suspect, as they are currently investigating Tesla for essentially accounting fraud.
https://www.carscoops.com/2025/03/canada-freezes-teslas-43m-ev-rebate-after-suspicious-sales-surge-bans-future-subsidies/
If something can’t actually sell at MSRP…
… analagously, if a house sits on market for 6, 9, 12 months, and can’t sell at a too high price…
Then the person trying to sell the thing has not recieved any real countable money; the price is likely wildly unrealistic.