Business, Economics, and Taxes: Capitalism. Yay? >=(

[Slap Shot]

https://www.threads.net/@cherijacobus1/post/C0N9A_uORDZ

"If you want to understand how to fix a problem, you have to ask who is profiting from the problem. Not who is suffering from it."

[RaceBoarder]

Because they're for groceries now. Like 1% use them to haul.

This is the main contributing factor.

I'm actually kind of curious as to what percentage of trucks sold in the last 10 years are legitimately used as a "truck" per-se. Off the cusp guess says 35-40%.

[dxmnkd316]

I'm not defending the Clown or his ruler-made truck here...

But...

Truck Beds have been dramatically shrinking across the board for about 20 years now. It's pretty rare to see a true "long bed" truck nowadays unless you custom order. Currently on your midsize trucks like a Ranger/Colorado/Tacoma, you'll see beds sometimes under 5' (60") with the norm being 6' (72") or less.

Because they're for groceries now. Like 1% use them to haul.

[dxmnkd316]

It also isn't difficult to find a truck that will cost you at least $60,000. Those things are crazy expensive, unless you get one that's stripped down.

This is why I was shocked it was $60k

[SJHovey]

I'm not defending the Clown or his ruler-made truck here...

But...

Truck Beds have been dramatically shrinking across the board for about 20 years now. It's pretty rare to see a true "long bed" truck nowadays unless you custom order. Currently on your midsize trucks like a Ranger/Colorado/Tacoma, you'll see beds sometimes under 5' (60") with the norm being 6' (72") or less.

It also isn't difficult to find a truck that will cost you at least $60,000. Those things are crazy expensive, unless you get one that's stripped down.

[RaceBoarder]

I'm not defending the Clown or his ruler-made truck here...

But...

Truck Beds have been dramatically shrinking across the board for about 20 years now. It's pretty rare to see a true "long bed" truck nowadays unless you custom order. Currently on your midsize trucks like a Ranger/Colorado/Tacoma, you'll see beds sometimes under 5' (60") with the norm being 6' (72") or less.

[aparch]

The one that didn't even fit a bike before. Well once the tire is in there I'm sure you could fit like two or three bottles of water maybe so that's plenty of space.

Oh, and it's an extra that you need to purchase.
https://shop.tesla.com/product/cyber...ire-_-tool-kit



But.... the optional range extender is slotted to use the same location of the bed...

[French Rage]

Oh, and the spare tire sits in the bed of the truck as well.

The one that didn't even fit a bike before. Well once the tire is in there I'm sure you could fit like two or three bottles of water maybe so that's plenty of space.

[dxmnkd316]

I'll be honest, $61k is about $20k lower than I expected. I'm sure they're taking an absolute bath on every unit sold.

[Kepler]

Yikes.

Tesla's (TSLA.O) long-delayed Cybertruck will be priced starting at $60,990, over 50% more than what CEO Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers.

The truck, made of shiny stainless steel and shaped into flat planes, is partly inspired by a car-turned-submarine in the 1977 James Bond movie "The Spy Who Loved Me," Musk has said.

Its new body material and unconventional, futuristic styling has added complexity and costs to production, and threatens to alienate traditional pickup truck buyers who focus on utility, experts say.

But Musk, who has priced the vehicle's three variants between $60,990 and $99,990, said on Thursday the Cybertruck has "more utility than a truck" and is "faster than a sports car."

He drove a Cybertruck onto a stage to cheers from the crowd and later handed over vehicles to about a dozen customers at an event in Austin, Texas.

"Finally, the future will look like the future," he said about the truck's design, showing a video of the Cybertruck towing a Porsche 911 and beating another gasoline-powered 911 in a short race.

Tesla shares fell 2% in extended trading after closing off 1.6% at $240.08.

[aparch]

LOLOLOLOLOL

Cybertruck pricing was unveiled today. "Base" model costs 10k more than originally announce (and yes, pre-orders must pay the difference). Top tier is 30k more than originally announced.

Range is no where near promised, and "extra range" can be purchased through an additional truck toolbox sized battery pack.

Oh, and the spare tire sits in the bed of the truck as well.




Now if you'll excuse me, I'm gonna go oogle the new Dodge Ramcharger.

[Handyman]

You’d think some of these businesses would have their automated emails scheduled a little better, or at least change the phrasing to something very generic.

Bought a piece of jewelry for a gift and got an email on Tuesday hoping I was “enjoying the purchase” that according to the tracking info might be here tomorrow.

I keep getting "you still have items in your cart" emails even though I already bought and received the items,

[Kepler]

Take it all.

Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world’s richest almost a decade ago.

And billionaire heirs are more likely than their parents to focus on the major opportunities and challenges facing the global economy, investing in sectors such as clean energy and artificial intelligence, the Swiss lender said in a report Thursday.

“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters.

“This is a theme we expect to see more of over the next 20 years as more than 1,000 billionaires pass an estimated $5.2 trillion to their children.”

[Kepler]

What do they think it is? (The 3/5ths, not the buttplug.)

I'll bet they think it's .6 votes. Which obviously makes no sense.

[Spartanforlife4]

You’d think some of these businesses would have their automated emails scheduled a little better, or at least change the phrasing to something very generic.

Bought a piece of jewelry for a gift and got an email on Tuesday hoping I was “enjoying the purchase” that according to the tracking info might be here tomorrow.