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Ah right, the price should have remained the same despite the highest worldwide monetary inflation rates in the last 40 years.

I can't imagine why would a company want to sell a product at a profit.



Gee, if only there was a comparable item to measure inflation against…

Tesla Model Y:

$39,000 in 2019, the same year the Cybertruck was announced - https://www.reuters.com/article/technology/tesla-unveils-mod...

$31,490 today - https://www.tesla.com/compare

So, a price cut then. From the same company, on the same time horizon.

--

Even on longer timelines, inflation isn't a get-out-of-jail-free card.

Tesla Model S:

$57,400 in 2009 - https://ir.tesla.com/press-release/tesla-motors-sets-new-pri...

$68,490 today - https://www.tesla.com/compare

Thats a 19.32% price increase in one of Tesla's other cars over 15 years, compared to a 52.857% price increase of the Cybetruck in the 5 years between it being announced and today.


The cheapest Model Y right now is $44,990. You have to remove the "gas savings" and other subsidies that individuals may or may not qualify for to see this cash price.


So the announced price for the ~300mi, dual-motor version in 2019 was $49k.

Today that price is $79k. ($99k if you want the first-edition Foundation series which has been the only one delivered to customers so far).

CPI inflation calculation puts $49k in 2019 as $60k today. So inflation means the price should have gone up ~$10k, but it has actually gone up ~$30k.

Also in 2019, $69k was supposed to get you 500 miles of range. The highest range configuration of the truck they shipped is 340 miles, with potentially up to 470 miles if you fill half the bed with an additional $16k battery pack that is only installable/removable by a Tesla Service Center. Nobody has seen this pack demonstrated yet or how it will handle things like Supercharging. Having half the bed taken up to achieve the max range was definitely not part of the 2019 sales pitch.


50% increase in price point, 3 years delay. Inflation is only a small part of this. The delay is more telling than the price increase.

The cybertruck was promissed as a cheaper way to make cars, its more expensive tha n the others that suffered the same inflationary forces. Save that its a new product, if they trusted that scale was going to cheap it down more than they current methods they would take a loss at the start to make a larger profit later.


Could you give some numbers to back it up? Considering the loss due to inflation from 2019 [1] I would have expected the truck to get to around $49,200.

[1] https://www.in2013dollars.com/us/inflation/2019?amount=1


What numbers am I backing up?

Should the price have remained the same? Or was 2022 not the highest year for USD inflation in 40 years (see: your own source.)

Is a company only allowed to increase their prices at a rate pegged to monetary inflation?


Whats your point here? We said they broke their promise (bait and switch, because they knew it was not assured expectation for price and delivery).

You say they have the right to brake promises, which is true.

So we agree they made a promise, broke it and raised the price beyond inflation, likely due to screwing up the production cost targets. All of that after they took reservations.

So we agree but you don't like that we're judging them badly for it?


> Is a company only allowed to increase their prices at a rate pegged to monetary inflation?

If they want to avoid a reputation for dishonesty, yes.




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