I don't think it's the "market climate", instead, this truck doesn't suit many truck users' purpose. I know blue-collar general contractors who were genuinely looking forward to this truck, especially at the original price point. They were thinking all their projects were around town so they wouldn't need to worry about charging, and being an EV it would require less maintenance, which costs both time and money. The Cybertruck isn't fit for their purpose as a truck.
Ford and Chevy have better offerings, but they cost more than the Cybertruck's original price point, and people are concerned about Ford and Chevy's dealerships being able to support and service these vehicles. They were thinking Tesla had the answers.
On the upside, the market is still there for the taking...
But our poor electrical grid: it could use some work to support that massive demand.
But yes, that's a good idea.
We need to continue to replace coal plants. But those are down to 16% of supply. Renewables are growing at 9% per year. No crisis detected.
On HN we're maximally exposed to the perhaps wishful thinking of people who have invested in SMRs, which are less economically efficient than conventional nuclear power plants, which suffer from high project risk.
I'm glad people like Bill Gates are investing in new generation nuclear technology. He can afford to not make money on that anytime soon.
>A 6 seat truck with a 6.5 foot truck bed and a 3500 pound capacity for $40k is genuinely competitive with GM/ Ford... https://news.ycombinator.com/item?id=21602437
and remember thinking it was cool. However $40k seems to have been wishful thinking.
What Tesla offers instead is an expensive vehicle that just screams "Musk fanboy".
In other words, Musk's ego is a very real liability for Tesla.
Jeff Bezos has just announced the anti-Cybertruck.
https://www.roadandtrack.com/news/a64580484/slate-truck-ev-p...
altruios•9mo ago
(normal) People don't want to buy a swasticar: who would have thunk it.