Tesla has another Cyberflop, lots of cheap Ford electric pickups, VW in trouble, and more

Let's start with the CyberCab.

So there was a CyberCab launch yesterday.

And if you remember, if you were listening to the last podcast, we gave sort of a prediction about it.

And we were already like...

Our expectations were as low as it gets.

We didn't expect much from it for the main reason that at the core of it, the cyber cab doesn't solve anything for autonomy that Model Y is not already doing.

So it's just a new form factor in the very limited...

All the hardware, all the software is virtually the same on Model Y. It's just a different form factor in the very limited Robotaxi fleet.

Now, despite those low expectations, they couldn't even meet that because the event wasn't really even an event itself.

I mean, it was an event for the people there, but they didn't end up live streaming it, which was very disappointing for a Tesla fan that couldn't get there.

And I mean, we could speculate exactly as to why they didn't live stream it.

My guess would be that they didn't want something bad to happen live and it couldn't fix it.

I think that's the most likely explanation.

But also, as Jamie reported earlier this week, this is a relaunching of the vehicle too.

So it's not like there's much to talk about anyway.

And sure enough, there was not a ton to talk about.

I mean, what they said, they opened up a new website to announce the cyber cab.

They went on a website where fleet buyers, fleet owners can reach out to Tesla to talk about buying some of these vehicles for their own fleet.

to then put on the RoboTaxi network, which is something that Tesla has been saying is going to happen since 2018.

If you remember, I said the whole Tesla is now an appreciating asset.

That was based on, you buy your Tesla and now you can put it on the, back then it was a Tesla network.

Now it's the Tesla RoboTaxi, but you could put them in that network and then they will earn money.

I know of two companies that did that and went bankrupt because of it, because they couldn't make it happen.

And Mr.

Green in Europe at one point had 4,000 vehicles and they went bankrupt with like 40 million in losses, investor money, because they believed Elon when he said that.