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If nobody wants them, are they really worth $800 million?

vice.com/en/article/tesla-repo…


Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants

Tesla is overstocked with Cybertrucks, the PS1 graphics-looking mobile monument to Elon’s deep lack of creativity.
Luis Prada (VICE)
in reply to Tofu Golem

Matthew Malthouse
Matthew Malthouse
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Ah! The eternal debate between value and cost. 🤣
in reply to Matthew Malthouse

abeorch
abeorch
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Its not even cost .. Its just at list price. I mean maybe they are making a loss on every unit and they actually cost more. Who knows.
in reply to Tofu Golem

abeorch
abeorch
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Having endured a few years of Economics and Economic History & Political Theory my personal view - They are worth only what someone is willing to pay for them - and given that Tesla aren't currently conducting reverse auction .. we just don't know. Its like the very famous cat in the box .. they are at once worth $800 million and also $0. Though they do remind me of the lines of EVs parked up in China with plants growing all over them or indeed the ghost towns of partially finished towerblocks.
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