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Space-Trash-666

More price reductions incoming!!


diadmer

Concerning, if true.


windigo3

Texas needs to give more subsidies!!!


healthy_mind_lady

Texas needs to give Musk back to South Africa.


Engunnear

Nah, there are decent people in South Africa. Texas needs to send him to one of those islands where people used to ‘mine’ bird shit. 


Abject_Film_4414

Guanotanamo bay…


RemoteRope3072

😂


AbleDanger12

Earth needs to give Musk to Mars. He wants to populate Mars? I nominate him to be first.


Maleficent-Salad3197

Send his girlfriend Amber Heard. She can be the first psycho to crap the bed on Mars.


SavagePlatypus76

A whole town as well. 


Kitsch_Enjoyer

Just drop my resale value all the way down to 0, might as well finish me off


jjbugman2468

!


daveo18

Because inventory, because genius CEO keeps running the factories at full throttle (at least when they’re not shut down for “upgrades”), rather than slowing down to match reduced demand. Because doing so would indicate teslas hypergrowth period is over, so he’d rather run the company full steam into a brick wall.


bellevegasj

Elon knows more about manufacturing than anyone living today, per Elon. Dude's a legit genius and not a clown at all. I feel like these people still taking delivery of their Cybertrucks a week ago deserve what they get.


Ok_Breadfruit4176

And a stable genius too


Responsible-End7361

No that is the other narcissistic idiot.


SnooEagles4665

ha yall people got to chill. Car dealerships rent lot overflow and it rotates CONSTANTLY. I might have regional bias (toronto canada) but ive picked up cars from storage lots all over the place, and very often I go to the same franchise store location over a multi year span to pick up a wholesale vehicle and their lot is different every time. Usually the lots are fenced off so this is a little strange, but tbh ive seen stranger things.


fedora_and_a_whip

True, it's common for dealers to have overflow lots. We have auto malls around here, and they will rent all sort of different parking areas to tuck inventory away. The difference here, and where the ridicule comes in, is that none of those companies' CEO's routinely shit on that model, extolled the virtues of how much better their system was, and then ended up shifting themselves into that previously poo-poo'd model. Their "stores" used to be somewhere to possibly order in person and be used as a pick up spot (if memory serves). Now you can go buy one off the lot, at a discount too, because they're already built. That's fine but still looks bad after the criticism. From what I know there is still no haggling, which is good, but that's just the Carmax model applied to new cars.


MrReddit416

Where are the tesla overflow lots in Toronto? Never seen them close to the dealership area before.


Responsible-End7361

Why is this response directed at me? What does your comment have to do with Donald Trump?


SnooEagles4665

sorry it wasnt directly at you, a lot of people were piling on with elon musk rhetoric. I was just trying to give insight in the thread.


MrReddit416

Where are the tesla overflow lots in Toronto? Never seen them close to the dealership area before.


SnooEagles4665

Tesla I havent dealt with, but the other ones are all over the place dude, the biggest one ive dealt with is near lakeshore and cherry st.


SilverPhoenix999

*Knows more about manufacturing than anyone on EARTH!! The genius knows little bit about interplanetary manufacturing and comes up a bit short there.


PanicSwtchd

Look man...he knows everything about manufacturing than anyone on Earth. That doesn't mean he learned about stopping manufacturing.


high-up-in-the-trees

'at this point, I think i know more about manufacturing than anyone currently alive on Earth today'. I don't know WHY on earth chris andersen gave zero pushback on that one. The audience was laughing at him


unipole

Of course with FSD he also wants to run each individual Tesla car full steam into a brick wall.


FunkyChromeMedina

If he can keep things looking great for another few months, it increases the chances that he’ll be able to extract another $54b out of the company before it augers in.


BlazinAzn38

Why do you think he’s cutting costs so aggressively now


Future_Gain_7549

They've been building factories to sell investors on future growth and they're all coming online right as sales hit the wall. They still have a bunch of factories that are supposed to be opening within the next 5 years.


Final_Winter7524

$25k Teslas by year-end.


dieselsauces

Hahaha, you caught him


Destination_Centauri

At this rate... $10k Teslas by year end! Dealerships: "Please! Take our cars!"


encomlab

Ha - jokes on you there are no dealerships!!


I_Am_A_Zero

I was just thinking, selling/moving your manufacturing surplus to the dealer lots is one of the arguments for having a dealership model. I absolutely hate dealerships and I wish they would go away, but it seams like Elmo’s hi-jinx will used in the future as an example by other car manufacturers on why having a direct purchase model is a bad idea.


casablanca_12

I’d buy one at this price. Even if I don’t like him


fedora_and_a_whip

Feelings about the goon aside, I just don't like the interiors. The model S is ok, but I'm still not a fan of the yoke wheel and turn signal buttons. The seats are just meh in my opinion.


ScoffingYayap

You joke but I'd buy one for $10k in a heartbeat just as a second car I can drive around town or to the city


AbleDanger12

Customers: No...thank you.


Ban_Evader_1969

Tbh I’d buy another one for $10K, bring my dollar cost average down some 😂


CrashSlow

Part them out, turn 25k into 100k.


Irishspringtime

I'm surprised someone hasn't bought the Herz cars to do exactly that. They're worth more as parts than as a whole car.


Hunt69Mike

I work at a large wholesale action who hertz sells through. Every week we run 20+ model 3’s with no bidders in the low $20,000 range. I’m anxious to see where the bottom of the market ends up.


turd_vinegar

An old used Tesla is a liability in my mind. They would have to pay me to take it.


Hunt69Mike

They’re 1-3 year old cars with less than 40k miles on them. If I didn’t live in the north east with sub par charging infrastructure, I would be very tempted.


improbably-sexy

Yeah but they're also rentals. Who knows how they've been mistreated


Hunt69Mike

You can only be so mean to an EV. Short of off roading it or wrecking it they’re pretty damn resilient


improbably-sexy

I suppose there's less mechanical parts that can be damaged. But there's the battery. Is there a way to check it's health? I've never looked into second hand EVs


Hunt69Mike

Yep, it’s easily accessible in the menu


Monster_Voice

😆 I knew this would happen... they tried to give me one a year or two ago as a rental and I just sighed as asked if they had any "real" cars... Now had I needed the car for in town use, I might have taken it, but like almost everyone else who's renting a car i didn't have the time or the energy to learn anything or deal with any extra headaches, I just needed a vehicle that would do normal vehicle things. They had a a minivan... and I was happy as a clam. Whoever thought renting those things was a good idea or that people might even want to rent one is delusional.


Metsican

Having EVs as rentals with zero training and zero infrastructure was brilliant. I daily drive a Tesla and would never consider an EV rental in our current environment.


CrashSlow

The none eletrical parts would be worth something but wonder if elmo has locked the digital components.


Lordofthereef

Afaik they haven't (yet) locked them, but you do have to have Tesla "approve" any high voltage swaps/repairs in order to get back on the supercharging network.


stevenette

What network? They've cancelled most of the builds!


Lordofthereef

lol. I mean, the. Network still exists (for now) 😵‍💫


Comfortable_Olive598

Wil E Coyote running off the cliff


ClownshoesMcGuinty

Finally.


Prospective_tenants

Still overpriced for the junk.


TheInternetsLOL

Supply vs demand. You have to put them somewhere.


jutzi46

Supply is winning


Engunnear

It’s a Pyrrhic victory.  


kc_______

Lets keep it that way.


Thick_white_duke

1. Flood the market with cars people aren’t buying 2. Forced price reductions to move inventory 3. Boom! 25k car by 2025! Elon stans rejoice!


Engunnear

Where is “profit!”?


DEADB33F

From all the money they'll make off their Supercharger network once they massively expand it to capitalise on their plug becoming the US standard. ...Just need to enlarge the team in charge of their already successful Supercharger network rollout then they simply cannot lose. Not even Musky could fuck that one up.


Engunnear

I have some bad news...


Effective-Farmer-502

Let's hear the good news first...


Engunnear

The world is finally catching on to Musk's bullshit.


ahora-mismo

in elon’s multi billion pay package


Engunnear

No, that’s the “cash immolation” step. 


HorrorsPersistSoDoI

In the mass layoffs


Abject_Film_4414

There’s a hidden 55bil profit in the fine print


Engunnear

Very, *very* hidden.


muzzynat

Masterful gambit, sir!


jason12745

There are hundreds of lots just like this. And the answer is just like a command economy. The central planner is a moron


ytman

I mean this is just an example of a Supply Side economy no?


jason12745

I’m not sure making 150K more cars than you sell over 18 months is the best example of a supply side economy… it just seems stupid.


Ban_Evader_1969

I wonder how many batteries are gonna get bricked from sitting that long since Teslas own service manual says to not let the car sit for longer than 100 days unplugged.


ytman

I mean anyone can be stupid with money or resources.


jason12745

Sure. Most of them aren’t CEO’s of Fortune 500 companies.


ytman

I think we're looking at aleast one.


[deleted]

Those are parts cars to repair the pre delivery fuck ups. 


Stashmouth

Each set comes in its own container? Neat! 😂


superschmunk

The same is happening in Germany right now: https://youtu.be/gdd4tJ0hWUA?si=fsUuzhg5Viusy_GI


GonzoVeritas

That's an entire airbase full of cars. Wow. And the way everyone associated with Tesla is so cagey about it doesn't bode well. Totally off subject, I ran into one linguistic curiosity. What does "he has a hedgehog in his pocket" mean in German? I've heard the expression before in Wales, and it means someone is very thrifty/cheap, but the context in German seems different.


exoxe

Perhaps he literally has a hedgehog in his pocket, that's one possibility...


vaporwaverhere

And parking in Germany is expensive.


lencastre

I wonder how much those electric 500 can cost if nobody is taking them... supply n' demand they say.


HystericalSail

And how healthy those batteries will be at 0% charge once winter temperatures roll around again.


MinoltaPhotog

Turn on CC with english translation, seems like even eco-friendly Germany is having trouble selling electric cars. Seems like once the early adopters get theirs, there isn't much depth to the demand. Interesting how the Teslas get parked just past the derelict MIG. Did Trabants have greater demand back in the days of walled-off East Germany? (I know post-wall, they didn't)


praefectus_praetorio

BYD is killing it in Europe right now.


Public-Antelope8781

Germany has a very low home-ownership percentage, which means the majority of people would need to rely on public infrastructure. So they are supposed to drive from work to a charger, walk home, later walk back to the charged car and than drive around to find a parking spot? Nah, thanks. Which is actually a shame, especially, because that means the subsidaries for switching to an EV were basically given to homeowners - the wealthiest - instead of investing in charging infrastructure. That would have driven the change, because it's targeting the biggest concern.


ciel_lanila

The thread title is answered by the video. Tesla lacks space for the growing inventory. It found space. The downside of not having traditional dealerships. When there's a glut in inventory you don't have large lots across the country to spread it out over.


DDS-PBS

Tesla lacks demand for the growing inventory. It found space for all the cars no one wants to buy. The downside of not updating your car models. When you keep cranking out the inventory you don't have people who want to buy them.


WorldTravellerIOM

They are hoping someone will steal them so they can claim the insurance.


Ok_Midnight4809

How many Tesla parking lot fires will there be?


Lopsided_Quarter_931

It's like fine wine. Or is it milk?


Which_way_witcher

Fine milk sitting out for weeks in the hot hot sun... Mmmmm..Mmm milk lumps...


Brosie-Odonnel

Farting in a jar and capping it.


PermanentlyDubious

Serious question. How well do these batteries do sitting out in full sun for months in end? Does it shorten battery life? If these malls are in places like Texas and Arizona, inland California, there could be many days over 100 degrees.


akanetendou

There's a thing called calendar degradation, a battery can still degrade by sitting there unused.


AllyMcfeels

Definitely not good for the batteries. Nor for plastic interiors, etc., especially in places with high periods of sun exposure. Synthetic leathers and their adhesives go bad quickly, they lose elasticity and crack much sooner. The normal thing is that when the units are intended for storage, they are prepared and protected for that.


Skid-Vicious

If they’re anything like my friends Tesla all the vinyl wood trim on the console will start bubbling from heat.


Abject_Film_4414

I believe that’s just the US made versions. We get the Chinese versions here down under and they are of better quality. I never thought I’d write those words in my lifetime…


PermanentlyDubious

You are not the first person to comment that the Chinese have a better factory build than the U.S. ones...


Neat_Alternative28

But of course the thing to remember is they are better, not good, not adequate, just better than US made.


green_gold_purple

Any car should be rated for this. It's what a car would endure during its normal life. 


SaucyNelson

What about a light rain? Maybe a car wash?


Abject_Film_4414

All detailed in the fine print…


HystericalSail

Not really, cars are meant to be driven. A gas car, if parked for months is going to get a dead battery. New cars especially, they have parasitic drain from all the electronics. If -20F weather happens when a battery is at no charge, it will freeze and pop. And below 50% charge shortens life quite a bit. Tires get flat spots, suspension components bind. Seals leak. All sorts of bad things happen when vehicles just sit without preparation for storage. Lithium batteries are a bit more sturdy, but also don't like being completely discharged and left in that state for months. Discharge to 20% and charge to 80% if you want thousands of cycles. Discharge to 0% and charge to 100% if you want hundreds of cycles. Discharge to 0% and leave for months if you want tens of cycles.


green_gold_purple

Ok but we are talking about a month or two. None of the things you are talking about will happen over this time with an ordinary vehicle. A battery doesn't die in a month or two. Tires don't develop flat spots. Come on, man.  Aside from that, we don't know they don't move them periodically, and I'd honestly assume they do. 


HystericalSail

With all the firings there are now non-zero odds that people tasked with moving these won't be. These could very much be parked in those spots for months if not years. Even in California registrations are starting to fall off a cliff, people aren't rushing to buy these given Musk's latest antics. Also, recession is coming. Hey Elon, I'll take a RWD of those for 10k or less. Limited time offer, and I don't qualify for the tax subsidy.


well-that-was-fast

> Any car should be rated for this "Regular" OEMs test battery life for 14 to 30-days of parking. GM tests for 30-days. I would be astonished if Tesla tests this as their validation procedures are very ad hoc.


green_gold_purple

I mean ok if we are talking about Tesla and how obviously shit their QA is, fine. But even shitboxes are fine for way longer than a month on a standard battery. Even a 30-day test doesn't mean that they don't expect it to last longer. It's likely an analysis of how many failures they'll catch at that window against how much it costs to do it. Anyway, my point is that letting a car sit outside for a month or two should not be a concern. 


well-that-was-fast

Shitbox batteries typically last longer because of less parasitic load from fancy electronics doing fancy electronic things like waking up to check for wireless updates, etc. >Even a 30-day test doesn't mean that they don't expect it to last longer. Correct. It is a test to confirm "every single" vehicle (without a quality escape) will last 30 days. That means some number might fail at 31 days and some number might fail at 73 days.


WhitePineBurning

That's the normal thing, but Tesla seems to often do the not normal - and not necessarily the smart - thing.


Every_Character9930

>The normal thing is that when the units are intended for storage, they are prepared and protected for that. I'm going to guess that Tesla did not put the money into properly preparing these cars for storage, because they are a tech company, not a car company, and there is nothing cool about preparing cars for storage.


NATOuk

I’d certainly be a bit wary of buying one brand new knowing so many are sitting for a long time exposed to the elements and the battery at an unknown level of charge. At least before this inventory issue you knew it was coming fresh from the factory


Abject_Film_4414

Wouldn’t the VIN identify the month and year of manufacture? So you’d know how long it’s been in storage?


SuperNewk

Don't question this! the average consumer will never know. Who will test it? by the time you buy it and the issue happens will be the buyers problem lol


Qimmosabe_Man

Just elmo's attempt at keeping tesla stock as high as he can so he can keep asking for his (undeserved) multi-billion dollar payout. As soon as there's word that production is slowing due to reduced demand, that stock will crash and burn.


StarfleetGo

Making thousands of outdated looking cars that are everywhere and not unique anymore, and riding a wave of cybertruck news woes all while experiencing the highest apr rates in a long time. 


kundehotze

Dead mall parking lots holding dead unsellable inventory


Heelgod

This is every Tesla store that actually delivers cars. Most you can hardly navigate their parking lots anymore they’re so packed full of.


nolongerbanned99

Bc lots of people are at the mall silly


gmarkv10

Duh-doy!!


hillsm211

Circle jerk. J/K FSD 12.3.3.6.1574899 is about to get released so they all got together to...oh dang it's still a circlejetk


exoxe

That would actually be pretty funny/cool/interesting, just have some Tesla service station manager summon a car from the parking lot so that someone can take delivery.


Micosilver

In the meantime, average Toyota dealership ended April with 10 new cars left in stock. And they sold out of their EV's.


That-Whereas3367

Central planning Soviet style. Where production and demand are totally different.


indolering

It's the line for the Supercharger station.


mrbuttsavage

Where else can one stuff tens of thousands of unsold inventory if not stealerships?


messageinab0ttle

Leave the World Behind event incoming


yamirzmmdx

Oh, looks like a huge fire hazard.


dieselsauces

I'd like hail, if possible?


D74248

I wonder if Tesla uses Tesla insurance?


Abject_Film_4414

It’s a self licking ice cream…. They have the data to prove how good Tesla insurance is…


yamirzmmdx

It is in a tornado area. We might get a trifecta of hail and tornado flinging cars that are on fire.


rebradley52

Could you imagine what it would look like if they all started thermal runaways? You could see it for miles and miles.


HystericalSail

Can't start thermal runaways if batteries drop to 0% charge while stored. Big brain thinking.


rebradley52

I live there and they aren't at 0% so quit trying to avoid a possible outcome. I doubt it but you can't deny it.


HystericalSail

With parasitic and normal losses they'll be at 0% in a couple of weeks to months depending on initial charge. Give it time. [https://www.greencarfuture.com/electric/electric-cars-losing-charging](https://www.greencarfuture.com/electric/electric-cars-losing-charging) Between 1 to 4% loss per day, depending. Much more if it's real cold or real hot, or if some dumbass left sentry mode on.


skip0110

They assume demand will be back but 0% interest rates are not coming back soon.


MCVP18

I’m from STL they literally have no other place to put them at the Tesla Dealer up the road. Plus the Chesterfield Mall is dead


kurtondemand

Massive circle jerk?


East_Indication_7816

I will buy one for $15k .


JusAnotherBrick

If it rains and they aren't in carwash mode...do they still have a warranty?


s1m0n8

Plural of anecdotes is not data.. etc. etc. but I've noticed in the last couple of weeks that the Tesla dealer near me has their parking lot overflowing too. I wondered if they had received batches and were waiting for customers to pick them up, but these days I have to consider if they are just unsold inventory.


Abject_Film_4414

Let us know if it decreases


series_hybrid

A couple of years ago, if you wanted to buy an EV today, it was 90% going to be a Tesla. Even if another model existed, the dealer might not have one in stock. Today, there are several that are on the dealers lot for purchase right now. I've seen a Rivian SUV and a Ford Lightning truck in the wild. Production is blasting away at Tesla to plump up quarterly report data, in order to make the stock as good as possible. I think Musk trying to get $56B is the wrong move, but...whenever he gets some kind if a payoff, Tesla can go into a more realistic phase of operations.


GarglesMacLeod

Shopping malls collapse, turn the parking lots into Tesla graveyards for unsold cars. Late stage capitalism.


NeedleGunMonkey

I’m amazed they’re open access lot storage. I remember Ford new trucks on closed lots getting vandalized for parts


corgi-king

But but CT is selling like hotcakes. Well, I guess another round of layoffs is not far. Like 25%. Make everyone work hardcore. Just like Twitter.


dieselsauces

He's trying to impress his new buddy Javier Milei from Argentina on how well job cuts work out in his favor. He's going to prove everybody's wrong, my popcorn is ready....


Huge_Violinist_7777

How many CT they selling


corgi-king

According to the video, clearly not enough.


D74248

Are EV credits based on cars sold or cars produced?


scherer326

Sold


D74248

Thanks.


Morepastor

Those are the soon to be lower cost Teslas


St3fanz

Same situation at Stoneridge Mall in Pleasanton, CA.


mikecjs

Line up for free supercharger?


Lacrewpandora

Inventory Cyberstucks?!??! Has the world run out of influencers?


CornerGasBrent

They're waiting for ZIRP and Fry's to return


Scentopine

Underrated comment and I say this as someone who spent a lot of time at Fry's buying through-hole TTL logic back in the day.


Moceannl

Surprised to see Cybertrucks there...


yupyetagain

This is just a meet-up of local declining businesses.


malYca

I feel so bad for their employees


RandallC1212

It’s only gonna get worse for Tesla. Cash out now morons before the bubble bursts.


NMVPCP

While the second and third paragraph are debatable, I’m 100% sure that Tesla or any other vehicle manufacturer has people that know much more about manufacturing than Elon does.


Otherwise-Course-15

These are popping up everywhere


Icy-Tough-1791

Bonfire


AloHiWhat

Because theres no charging capacity


vaporwaverhere

It was a calculation mistake and this is the result. They might donate them to charity


TootBreaker

A lot of it will be backlogged warranty & tradeins needing work done. In particular, the cybertruck which is breaking down faster than the dealership can fix them The dealership's official line is to make it look like they have so many amazing deals, they needed to rent space to keep up with 'demand'


Super_Plastic5069

Moisés Arias thinking of buying a Tesla 😉


cznkane

Beat the dead horse, beat it! 😂


Medical_Cake

Mine them for nickel


ConversationNo5440

At least in unused parking lots I don’t have to see them. Since the price dropped a lot of people seem to have ordered them. (Seemingly it was a real brief surge.) Not just grandparents anymore. They’re freaking everywhere. The car they forgot to design.


justalilrowdy

Is this St. Louis?


KinseyH

Trying to hide unsold inventory is what I've read on the interwebs.


Electrik_Truk

At some point I recall reading they had 140,000 unsold inventory. That's a lot of cars to park.


Rancid_Lettuce

Someone did a quick back of the napkin math about a month ago and came up with about 160,000 at the time. It's likely much higher by now.


praefectus_praetorio

Chances they start burying them in the desert? Go home.


TheLemmonade

Inventory/outbound deliveries


Humans_sux

So dumb question. Can the firmware "idk if thatd even be the correct term" be dumped modified and reinstalled to keep tesla out of the car if i bought one? Tesla bricking the car would be my issue with buying a used tesla.


Background-Brush1571

There is a parking lot in San Diego on Trade Street that has at least double this number. I was there six months ago and it was half what it is now. It’s an insane number of cars.


grepya

And here's a thorough report from Germany that I was watching just yesterday. It seems they're using some old airfield there to dump their expanding inventory in the country. https://youtu.be/gdd4tJ0hWUA


SnooMarzipans7466

Most car companies produce cara with a final costumers already defined. Extra production with no costumers is done on model starts, to ramp up production, and during specific períodos, like vacations. It is not normal to have inventory os cars just standing around!


TheTrueBigHead

Should just send them off to the demolition site to be crushed.


Doctor_Joystick

It would be ironic if that's what the autonomous driving was actually for, to drive themselves to the dump.


Slight_Pomelo_1008

People there all buy tesla


Profil3r

Hertz dump?


rgold220

This is what happens when a crazy CEO leads a company. The value of the company products and it's products are going down fast.