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small_model • today at 3:37 PM • 7 replies • view on HN

Hundreds of Cybercabs are driving around cities right now with no steering wheel or pedal making money and growing 20% a week, Model Y is the best selling car (of any type) in the planet. European sales are going through the roof, they are doubling production.

Cybertruck was a mistake but rest of the business is printing cash hand over fist.


Replies

pjc50 • today at 3:43 PM

> European sales are going through the roof

A side effect of Trump's war with Iran is that every country which doesn't have sufficient domestic oil production, which is most countries especially in Europe, has accelerated their EV transition. Buyers are grabbing every EV they can get their hands on, and yes Tesla are the leader there.

https://www.reuters.com/world/uk/uk-electric-car-registratio...

"Tesla (TSLA.O), led the UK BEV market year-to-date, with registrations up 25.4% from a year earlier and a 9.53% market share South Korea's Kia (000270.KS), and China's BYD (002594.SZ), continued to compete for second place, with market shares of 6.9% and 6.8%, respectively"

The Kia model breakdown: https://www.kiapressoffice.com/releases/1975 (mostly Niro, now withdrawn, then EV6)

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esalman • today at 4:55 PM

If something is growing 20% a week, it should see more than 1,000,000% growth after 1 year. I call bullshit on this one.

tzs • today at 4:03 PM

> Model Y is the best selling car (of any type) in the planet.

Depends on the year. It and the RAV4 switch places now and then.

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culi • today at 5:09 PM

> European sales are going through the roof, they are doubling production.

Only when compared to their recent record lows... the broader trend is still downwards. This is disingenuous. They are losing ground to other manufacturers in Europe

Also the Teslas that Europe is buying are made in China not the US.

The countries where EVs are increasing the most are those that have access to Chinese EVs.

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paxy • today at 4:26 PM

Not sure what numbers you are looking at but Tesla vehicle sales peaked in 2023 and have been falling every year since then. The "sales going through the roof" narrative exists on Twitter, not their balance sheet.

tw04 • today at 3:57 PM

> Hundreds of Cybercabs are driving around cities right now with no steering wheel or pedal making money and growing 20% a week

Huh? The cybercab with no steering wheel is only operating in Austin, in tiny premapped areas. There are 45 registered in Texas, and they have only been operating since September.

This isn’t Twitter, you’re generally expected to at least attempt to provide factual information here.

https://www.fox7austin.com/news/tesla-launches-cybercab-aust...

“Printing money hand over fist” is an interesting way to frame the dramatic drop in their margin on every vehicle sold.

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joquarky • today at 5:39 PM

Poe's Law is still in effect. You have to add an /s at the end.