Topic: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ - page 16. (Read 7575 times)

I think it's probably a bit of both.  Sure, he could produce a few Cybertrucks now but the risk far outweighs any potential reward, to which I would argue there is none in shipping a few units now.  So obviously he's going to wait until they can get production going at full scale before doing anything.  The benefit of that is he is able to take the moral high road and give himself a pat on the back while making it seem like preorders are getting a million dollar vehicle for $40K.  Wins all around.

It makes sense though, at least from a moral point of view. I hate when the latest gadgets, and technologies go to scalpers, and they effectively rip off the public that are so desperate for it. Actually, while I hate the practice, I still blame the people willing to pay that amount I think.

You could argue he's just trying to give an excuse for delays in production, but I think its plausible to believe he's doing it for his reason given. It also looks great on Tesla, shows that they think about the customers which further increases sales.

There will be cancellations, a lot of them I would imagine. Three years is a long time to wait for a car, and you many people would have definitely put their reservation down just because rather than having any intention of buying the truck.

We all know that whatever Elon tells has to be taken with quite a pinch of salt...



OMG LOL! You are quite an optimist, aren't you?
I really liked your view on this. Good luck! (for real)

Elon said he didn’t want to start delivering them until he could do so at scale to avoid million dollar resales on the secondary market. The main factor for me will be how many people cancel their preorders. The $100 deposit is nothing but when it comes time to plunk down $70K you might see the numbers thin a bit. That is my hope anyway. I’d love to see a >50% cancellation rate so that there’s a chance I could get mine in 2022.

Tesla Cybertruck delay confirmed, now coming in 2022

I guess that it's even more delayed than you guys would think?

Sadly this is true.  According to the Cybertruck Owners Club Reservation Tracker if there are no cancellations ahead of me in line, I'm looking at an estimated delivery date in the Summer of 2023.  I can only hope that a lot of those early orders were just for fun and when it comes time to make payment we see a lot of cancellations, otherwise this may be a longer journey that I had originally anticipated.

Welcome to the club.  When did you place your preorder and what model did you opt for?

You will be lucky to get in for December 2022.

I put in a preorder for 100 bucks.

"As long as there is a conscious effort to move #bitcoin  miners toward renewables then Tesla can support that."
-Elon Musk

It certainly sounds as though Tesla will soon be resuming acceptance of Bitcoin for their products. I am fully expecting that this will happen and this Cybertruck will be purchased using Bitcoin. Hopefully in Q1 of 2022, but likely later as I think production will be slower than most expect.

One bloke I know only needed 2cm more than the length of his (small) car and he could park it. He prove it in front of me  It was some 15-18 years ago and then he became truck driver and our roads have split.
Modern cars have now all the sensors and software needed for automated parking. Yes, they need some 3-4 extra cm which cybertruck may be saving, but I'd say that this is more a commercial and no longer a game changer.
I don't say that this crab walk may not have certain use cases, but I don't find the feature so much important. Self driving, on the other hand, remains really handy, especially on long trips on the motorway. *That* was a game changer. 

And yeah, I'm still waiting for a real breakthrough in the science of batteries... That would be a huge leap forward and the (ultimate) breakthrough.

Elon Musk has announced that the Tesla Cybertruck will feature the "Crab Walk" made popular on the new GM EV Hummer.  This is expected to be unveiled when an updated Cybertruck prototype is shown to the public prior to the start of production later this year.  It's always great to see new features coming to a product you've already preordered and I'm glad to see some good news coming from Tesla on this project after the disappointment that has been Elon's trolling of crypto over the last few months.  This feature of course being referred to as "4-wheel steering" to avoid any legal disputes.  Add this in with self driving and I think it will change the parking game.

They may or may not accept Bitcoin, depending how it suits them best in that very moment.
You may have better chance to buy it from El Salvador, and may also get their citizenship with this 

Now seriously, I surely hope that you'll be able to buy it in the way you want it and also Bitcoin will be much more expensive/valuable til then, so you'll spend less.
(With some luck you'll buy the cybertruck at the price I've bought my laptop some years ago).

Elon Musk has left the door open for Tesla to resume accepting Bitcoin in the near future once positive energy trends have shown themselves in the data.  I suspect the Tesla Cybertruck will be purchasable with Bitcoin in early 2021 and suspect that I will be able to do just that.  It remains to be seen if I am correct or not, but at least this thread has some hope. 

Here's part of Elon's tweet where he mentions Bitcoin acceptance by Tesla.

I am sure he will announce in the near future that tesla can be bought using dogecoin. If you could wait sometime, you will be happy to spend cheap dogecoin and get something valuable as Cybertruck 

Guessing dogecoin will be tossed aside by him too since it's not 1% of BTC efficiency?.

Elon wouldn't come here. Not as  "Himself".

I wouldnt doubt he reads a paragraph on here once in a while.
I feel like elon played us , but I'd be lieing if I said I didnt see it all coming g a mile away. Hopefully this man loses his influence he has over crypto. Keep in mind hes still a noob to crypto. Just has enough capitol to look like a pro. If a man that smart showed up to crypto that late shilling doge of all coins ,it was just a venture. Didnt even have to think just would say "BTC" on his bio and wed get 10% boost. Retail investors are gullable af. 

I used to respect him and his ambitions still do in many aspects. But these days hes kinda just fucking the rhythm of things up. Starlink, now crypto. Seems kinda impulsive. 

Bitcoin mining was always using whatever electricity found, although I expect the hydro power be used much more.
However, I don't know what game Tesla is playing, since if they didn't sell and also don't plan to buy, they just hurt (for short term) the "value" of their investment (although they're still on profit, I know that too).

Now I wonder how long until SpaceX stops accepting altcoins. 

Elon reverses stance on Tesla accepting Bitcoin citing energy concerns.  Say it ain't so!  While he does leave the door open to accepting Bitcoin in the future, this doesn't seem like a good thing in the short term for the market and more specifically, this thread.  I intend to purchase a Cybertruck regardless of the payment method involved, but we'll have to stay tuned to see how this turns out as far as the Bitcoin aspect.

Its a cool idea.  And I am totally for it. 

And here it comes.


BUT.

I am Canadian and I also do not live inside a city.   Which means that a vehicle like this one must be able to 400 miles in the worse winter road conditions you have ever seen (you thought that Texas thing was bad lol thats a regular day here)  and do it day in and day out.  There's only a few vehicles that meet my requirements that are sold commercially. 

Out of the list there's very few that are Practical On top of being Able.

4Runners top the list.   I don't list jeeps due to the fact they rust to death so quickly and are always broken(they ARE able they just cost too much to maintain thus falling in to the unpractical category). My current 4runner has 254k miles and is a 2006  spot of rust on the back door.  that's it.   most jeeps tapped out at 10 years old without massive maintenance. my last 4runner was a 1991 tank that lasted for 500k miles and I Put it in the junk yard still running due to the rust was becoming a issue I couldn't stay on top of.

Electric Vehicles suffer badly in cold weather.  Their battery range is severely limited due the effects of cold on batteries.  A 300 mile range vehicle will be reduce to 200 at minus 15C.  LONG highways and lack of charging stations And long charging times make these vehicles very impractical in my opinion. 

I do love that stainless though.  Rust is the death of all vehicles here.  It doesn't matter how good and practical they are.   I wish my 1991 4runner had been made from stainless.  Id still have it. 

Elon Musk visited the Giga Texas factory in the Cybertruck prototype yesterday.  I imagine that must have been pretty cool to witness.  Construction of the facility has been going at breakneck speed and there's been some talk of starting Cybertruck production early at the Freemont, CA plant while we all wait eagerly for the Giga Texas factory to be completed and start rolling these babies off the assembly line. 

I added this to the OP.  Fun to see the price of Cybertruck fall so much in BTC terms so quickly.  Could you imagine what this forum's reaction would be if Elon posted here?
 "Tesla is a scam!  Elon Musk isn't being honest about the value decline of his vehicles!"  LOL

More seriously, this is a very good example of why things cannot be priced over time in BTC terms.  The price change is 100% a reflection of Bitcoin's exchange rate movement and nothing to do with the underlying asset, in this case the Tesla Cybertruck which has only become more valuable over this price period. 



It's more about what I can't do because I don't have a cybertruck.  Some people get it, some don't.  You don't, and that's ok. 

I kinda feel like that Musk is trying to make a statement with the Cybertruck. It is apparently cheaper than comparable trucks, which is the opposite of prices of electric cars when compared to gas cars (gas trucks tend to get poor gas milage). Gas trucks also tend to have high profit margins for car companies.