Remember those million pre-orders Tesla allegedly had for the Cybertruck, according to CEO Elon Musk? It’s getting tougher and tougher for the company to explain where all of them went.
After putting around 50,000 Cybertrucks on the road, according to a recent recall filing, the company appears to be out of pre-orders and desperately looking to juice demand. Case in point: It’s now offering up to $10,000 off certain Cybertrucks it has in inventory.
so…they intentionally lied to artificially increase demand and make their product look more compelling? can we get some fucking consumer protections regulations for fucks sake?? they’re killing us out there
This would be a matter for the Securities and Exchange Commission to come crashing down on them. This kind of statement is designed to manipulate the market, and in a normal world, would be heavily punished.
Which is why they’re killing it.
I suspect if they did, they’d be in trouble for defrauding investors.
But do laws even apply anymore?
No. The article doesn’t talk about preorders at all, and they are completely meaningless and obviously a “preorder” for a car with just a 100$ deposit doesn’t mean anything. That’s basically just signing up for a mailing list. The cyber truck as announced was ugly but with really good specs for only 40k$. It was shit and the price was minimum 70k so it didn’t sell well.
Preorders aren’t a legally defined or protected term or anything, who wants to regulate that? It’s basically just a list of emails signups so it doesn’t mean anything at all.
No it’s been doge’d by the dude who would personally benefit from it’s doge’ing.
Why do you think that was one of the first things Elon killed?