Tesla Cybertruck Sales Were Inflated by a SpaceX Buying Spree

Started by ergophobe, April 17, 2026, 05:28:08 PM

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ergophobe

About 20% of all cyber truck sales were to Space X in the last quarter with data

https://www.bloomberg.com/news/articles/2026-04-16/tesla-leans-on-elon-musk-s-spacex-to-buoy-sagging-cybertruck-sales


I suspect we'll see more nuggets as Space X files to go public

littleman

I honestly don't understand why Tesla isn't $50/share, or less.  They have lost in their edge in the EV market, dropped a few models, the robo-taxi program is stubbornly hanging on to camera only tech and the cybertruck is generally regarded as garbage.

It has a P/E Ratio of 372 while also having declining sales for two years in a row.  How does that make any sense?