@DrKnowitallKnows I invested in this company on START ENGINE and am sorry I did. I wished I had seen MEET KEVIN's TOUR and EVALUATION of this QUESTIONABLE company. DO Your DUE DILIGENCE on this COMPANY
Recommend doing your research before buying a washer dryer all in one. Take hours to dry your clothes. Looks good and space efficient but that's where it ends. Stackables are better. Tiny home owner here. Great video btw. Really like the Boxable concept and company.😋
Great concept, and I did invest a couple of years ago, but not more than I could afford to loose... The question at present is, will Boxabl ever be able to even partially build enough units to meet the substantial national demand in the US?
@@TheSGBrown this is why I told elon to buy land to form a private corporation around turning it into a private property , he can turn around and resale the property cutting out those stupid zoning laws .
@@BigReggii Fwiw, recently in Idaho, mobile home parks have now charged as much as $400 HOA fees. Apparently, HOA fees are legal when persons sign their rights away, while agreeing to TOS agreements; whereas zoning laws impact new construction of housing, and placement of modular/manufactured homes, etc. BOXABLE, at present, according to reports have NO licensing, nor permits for placement ANYWHERE in the country, except for unzoned private land! /shrug
Yeah, because a brand new company making houses in a totally new form with totally new tech is totally exactly identical to a company established for nearly a century building cars.
I understand transportation costs may vary. I would liked to hear how much money it would cost to erect the house on a foundation and connect it to utilities. There seem to be many advantages to a mobile home.
Above are questions for your local utility companies, local contractors, local codes departments and local water/sewer company not Boxable. All those costs vary widely depending upon where and when you want your box to be located. The difference in 1 county to the next in your state of residence can make a huge cost difference.
Heck, out in L.A. they live out on the streets in cardboard "boxables" already. For Free! Public restrooms where available to freshen up. Soup kitchens for daily bread. No charge.
We did energy reduction retrofit to our 2000 sqft all electric home coupled with 13.2 kW solar panel installation and 2 PW2 powerwalls and with other energy reduction efforts (heat pump and heat pump water heater, etc) have reduced our annual electric bill to less than $200/year (~$16/month), and export >50 % of our excess solar back to grid. We have been net positive over past 11 years, and net production/use was 460% last year, which included charging two Teslas. I like tiny houses but with effort a homeowner in a larger home can do a lot to live sustainably.
just FYI homeowners insurance can be tough with tiny homes. A lot of insurance carriers won't cover tiny home under any policies (not homeowners, landlords, not mobile/mfctured home) landlord's)
Even one may think they don't need an insurance (me too), but would the city agrees. Besides, there are city bylaws requirements. I personally think the sheer weight of 12,000 lbs will suffice. Will the city agrees At the end of day, Boxabl has to team up with local professionals, structural, architectural, to get approval.. How many cities you ask. Then one still need to liaise with the the power , sewage and water authorities to get hooked up and pay. After all, it's hard even though Kassita is not expensive and fold up for delivery is marvelous idea
Been following your channel for some time and a huge fan. Likewise big fan of the pre-built home segment and been following Boxabl for some time too. Living in Sydney we have a few problems with housing down here. Sadly not only with availability, but affordability and quality. We have very low confidence in build quality where material costs increases, sloppy builders and inspection has let to some wild cost cutting and non code construction. One of my other fav pre-builds that ship world wide is Nestron. They build to any countries codes, come fully furnished and can also do custom orders. They also have one model (Cube 2X) that you'd think was Tesla made.
I’m not pessimistic about these houses I definitely would want to own one. It’s just that when you say Elon Musk owns this, Elon musk could’ve bought this like a $6 Starbucks drink yesterday and not live in it today.
I'm an investor; but am not completely happy with the details coming out. I see that they keep expanding into new factories; which is fine, but they need to actually get to a point where they are in full production and have all details available for those who want to buy. When I invested, the Casita was $50k and came fully furnished; it still seems like a good price at $60k, with some other options for furnishing, but this information needs settled or everything still looks like a pipe-dream.
i want / need to wait 5 years to see how quickly these will deteriorate in the elements. settleing will be very bad for constructions like these , UNLESS you need to re-adjust and tighten the box yearly . LOL
I was a potential buyer My line was at 50k why? Because it's much cheaper building one of these. To avoid the headache of the construction why not cough up the 50k and be at peace of mind but 60k plus shipping no thank you.
I like the concept. Meet Kevin did the same tour and because he has a realtor and flipper background asked allot of zoning and licensing questions. Hopefully Boxabl has gotten their product up to some construction requirements. Because of Kevin's review I wouldn't buy or invest in Boxabl. Look good, didn't sound like they would hold up.
Currently, Boxabl has a waitlist of over 160,000 members with at least 4,000 paid deposits. BUT has only been able to deliver 500 total since inception. Not good. If anyone still wants to buy shares, I’d be happy to sell mine at discount.
If anyone does manage to get one permitted and installed in their backyard, they will be in for a major disappointment when they sell the property. Buyers and appraisers are going to discount these structures compared to the stick built alternative IMO.
They just need to build another factory, I thought about investing but I believe that they already have enough. I can see this business still growing because it is needed, but the Chinese are trying this market as well for extremely low cost buildings. But we need to stay AMERICAN MADE! so Boxable get your shit together with those orders!!
Something is not right about this company. I read the Business insider articles and yes BI is not always the best source for “news” but their series of articles on Boxabl were very detailed and specific about the issues of the finance and the sec investigation. The meet Kevin video was an eye opener as well. Cool idea but I see the writing on the wall.
How long do you have to wait? How can I get blue prints? Can I change things around. Need two bedrooms. Thank you! Ames, Iowa therefore we have snow. Ceiling snow load? R value of house, please. 3/3/2024
YT is deleting my comments with links to the companies currently delivering them to land-ready consumers in AZ, UT, OK, and NM. CA asked for a fixture tweak so that should be soon. KAS Construction in UT Kingdom Builder LLC in AZ Punnett Construction in OK EcoMOD Ventures in NM
Boxabl has been delayed in filing financial information, disclosing its full-year financial performance for 2022 in August. The filing showed the company sustained a $33 million operating loss in 2022, double the previous year and has not yet received the regulatory approval to sell its homes in any state in the country. Despite the loss, Tiramani and his 65-year old father, Paolo, who serves as Boxabl's CEO, raised their base salaries in 2023 to $595,000 rom $400,000. Last year, the pair each sold off about $5 million of stock in the company. They remain the majority shareholders.
Like the idea, I was wondering why these guys are cranking them out. I work on pre-fab modular homes in the 70's and they were put together pretty fast. Framing crew, drywall, electrical finishing crews all under one roof. This video reflects a slow process from start to finish, and it doesn't have to be that way.. as far as the cries of scams and set up cost, just haters. With a small foot print you could easily put these on slabs or crawl spaces with minimal cost. Great for beach home rentals, trade off on these to make your own tiny house mobile home park, or that hunting cabin in the mountains,,,,, these guys just need to get a better work ethic, or better workers
I am a shareholder of Boxabl and 2 on order. It's going to take a while to get them, I think. I'm excited about what they are doing. It's a great concept.
It would have been nice to have a link to buy "Elon Musk Bought a $50K BOXABL House! Now You Can Too!" and a clear answer on how long it would take to get them. I have only found reserve one which at the rate they are going could take years to get.
Reports online, as of Feb 14, 2024, from a major tiny house website, suggested that the actual "Base price of a Boxabl Casita is around $69,995, which is lower than a traditional site-built home. However, this price does not include shipping or installation costs. You'll also have to buy or lease the land where you intend to anchor your house. As earlier reported on Feb 14, 2023, (same source) Boxabl, then, had a waitlist of over 160,000 members with at least 4,000 paid deposits."
In other words, once again, no one on earth will ever allow a consumer to buy a home that ultimately costs under 50k. You will always be required to spend a minimum of $150k to $300,000 to have a move-in ready home. And that is the problem with housing in America.
As someone who has owned a trailer park problems with local codes not allowing detached homes under certain square footage usually 800. Trailers are usally cheaper built needing replacement fixtures within the first year and rotting walls and floors after the slightest water leak.
@@RobertLoPinto that was a while ago. Yes stacked but also. I like old dryers with a giant drum ( yes I have to do my own laundry - girlfriend is scared of all the junk I put in my pockets)
It took them for ever until they had a product for sale . Let's see if anyone is actually working now. ( I wanted to buy 2 a couple of years ago) Edit : as usual no houses coming off the assembly line. Too bad . Really great concept. Reminds me of aptera and the othe 3 wheel .... and Nikola
Over 500 distributed. Also not sure if you know they got international Building Code approval. That opened the door for state approvals and they are now distributing to trained Boxabl installers for approved states: AZ, UT, OK, Hawaii install was shown the other day on their FB page. NV and even heavily regulated CA are on the brink of state approvals.
Great idea, but good luck finding affordable property to build on and navigating the maze of local regulations, permits and zoning restrictions. You'll probably pay more for those than the actual building in most cases.
I agree its true with most cases but in my situation i already have 2 acres of unrestricted land and already have a tiny shed converted into a home..i just need to built another driveway and put 2 nice empty lots and have it ready…if i can put 2 of these there and rent them out with my tiny home i can make about 3k amonth..i just hope these homes are worth it..dont know anything about the quality and what the delivery/costs are
@@giantsfan8872 sounds like you have a great setup and a great opportunity for some rental income. Good for you. Lets hope this real estate bubble pops so land prices can come down for everyone else.
@@giantsfan8872 You'll be waiting for years. Reports online, as of Feb 14, 2024, from a major tiny house website, suggested that the actual "Base price of a Boxabl Casita is around $69,995, which is lower than a traditional site-built home. However, this price does not include shipping or installation costs. As earlier reported on Feb 14, 2023, (same source) Boxabl, then, had a waitlist of over 160,000 members with at least 4,000 paid deposits."
Not while it's just a caravan I'm afraid, no. Planning law in the UK & US needs to catch up with not only modern caravans/mobile homes but also population growth, the 15 minute city, electric bikes, electric cars, solar, cycle lanes, parking and more. What we really need aren't these I'm sorry to say, but tower blocks that use far less space per person and share the facilities you absolutely do not need as a 21 year old fresh out of university. We need a liveable bottom rung of the ladder. Having to live in a single family dwelling doesn't do that. Modular homes like this might be useful for speeding up construction of luxury homes for the wealthy living in the countryside or suburbs, but not for seriously solving the housing crisis. But we obviously need companies like Boxable to sell to the people who can afford to build one anyway, in order to develop the tech to the point where it becomes viable for the housing crisis. On the other hand, I'd be a lot more positive if it had a big round door, tunnel shaped rooms, and wood panelling everywhere. (A hobbit home, with a bit more ceiling height and no modern looking and therefore naff stuff and obviously a garden, not a 'yard')
Realize you are paying for the technology, unbreakable walls, streamlined process, crazy automation, these things take time. 2026-2027 should tell us everything we need to know, flip or flop
With so many cities and towns not allowing you to use smaller homes , tiny homes or unconventional homes is there a way to circumvent this issue? I would love one of these but only if I can use it on my land. Bend Oregon.
You make an excellent point re : ' cities and towns' . There are way too many random fiefdoms scattered throughout the US. Each thinking of itself as ' the United States of Randomville' . And each blocking any attempt at solving large scale societal issues like homelessness, climate change, etc. Because each fiefdom, usually run by ' Boss Hog' from ' the Dukes of Hazzard' says ' not here, not in randomville. We don't want strange lookin' houses here in Randomville' . It's so frustrating, stupid, short sited, myopic. When the human race eventually goes extinct, we will have done it to ourselves. And when the zombie apocalypse occurs, there will still be some jerk driving around issuing tall grass fines to homeowners. Ugh.
I appreciate this video but only wish the initial driveby through the factory was closer to the units. There were too many things in the way. After waiting a year for the tour why couldn't they let you walk the line a few feet from the units themselves? Sometimes you'd refer to some detail which I couldn't make out. The interior tour was much better. Gave me a very good feel for the house.
These tours are formalized to attract investors and deposits… two factories later and no shipping! The original Casita has suddenly been halted for a new Casita version 2 due to have started shipping by the end of 2023… it was said to be “perfect” by the Founder! Excuse after excuse with people leaving, ex-Executive suing, counter suits, SEC investigation and they still aren’t shipping a “perfect” Casita! The cost went from a projected $50K to $89K to $TBD… increased projected shipping cost… and thousands of Depositors on the Wait List… some for two years and some people have started asking for their money back!
This is the only investment that stays at the same price $0.80 round after round because the 3 billion dollar valuation is crazy. Early investors have had no advantage over anyone else
You have to find that before you purchase it. I found the location where however it would be much cheaper building that small box then buying that and transporting it to you. If it was 50k with cheap delivery maybe then it worth it to avoid the construction headaches 60k plus delivery plus tax no thanks all pass.
Boxabl manufactures prefabricated tiny houses, designed to be a cheap alternative to traditionally constructed homes. Co-founded by son-and-father duo Galiano and Paolo Tiramani, the startup has leaned heavily on public support, raising more than $150 million in the last three years.
Mutual fund manager Leader Capital recently sued Boxabl, accusing the company of delaying the sale of shares it holds in the construction company. Leader planned to sell the stock for below the share price Boxabl recently charged investors, according to the lawsuit, which would have netted the fund manager $3.7 million if the deal hadn’t collapsed.
Boxabl didn’t disclose its 2022 full-year performance until last month, when it reported $33 million in operating losses, doubling the total from the previous year. The two co-founders raised their base salaries by nearly $200,000 for this year. They each sold approximately $5 million in company stock last year, though they remain majority shareholders. The company doesn’t have regulatory approval to sell its Casitas in any state.
This and in a lawsuit with a mining company that bought them. Even the state of Nevada won't let them to be set up, and there built there. Enjoy the mold.
I just toured the facility in Las Vegas. Not impressed. No one could answer my questions, which were very basic construction, planning questions. Couldn’t give a wait time. Just said there’s 150k on a list and you could jump up to the top at a random point. No answer as to how long it takes to make them. I thought it would be an assembly line type of production. Nope. A few people here and there just standing around. No production noise. This was early afternoon. Great idea. Poor execution. I’ll pass until they can get their act together.
Check Full Send podcast where he said during interview that he had one and used it as a guest house. He is currently living in another tiny home that he modified. He didn’t state the brand of that one though.
@@MarsOzzie The $45k house he said he had in the same podcast as his main house was an old house? It was interesting how people were accusing Boxabl of lying about the not-so-subtle hints of Elon having one and then Elon’s Full Send Podcast and 💥 boom the NDA no longer applied and many had to eat crow. 😄
This is the future. If we're ever going to get the world's population above a trillion, we're going to need more compact and affordable housing options. Large community centers aren't going to be acceptable. That leads to too much socialization and socialism. We need to keep families private and competitive. With a trillion people, the world's economy can really begin to boom. But not if it's a trillion people are sitting together, holding hands, and singing kumbayah songs. We need work and more overtime. And, we need tiny homes. Sooner or later, after these big house subdivisions grow old, they can be replaced with tiny house locations. And since new homes will be metal rather than wood, we don't need so much lumber or trees or forests. Those can become tiny home subdivisions. As for farmland? Think tiny home subdivisions. I think the Chinese are developing the conversion of fossil fuels into digestible protein, lipids and carbohydrates the body needs to work. One danger, however, is that the people who buy these things are planning to retire early or cut their working hours. We can create better brands that are more sought after to remedy this situation. They will cost much more, and must look much better too, in other words, folks are gonna have to know if you live in a cheap home or a fashionable home, and those with scruples need to be educated to understand the benefits of having high fashions. This is where future employers will need to becoming discerning with where their employees live. For example, the boss and talk to his employees about the demerits of having lazy employees who live in cheap homes, and it must be apparent that all bosses find cheap living employees unsuitable, and so the employees will feel more drawn to high fashion tiny houses. And were going to need to remove the oxygen from main stream media that makes cheap living popular, through big money media blitzes that aren't obvious. That's all in the future though. We got to break ground by getting this tiny things popular, so lets all agree that the first generation of buyers can find pleasure and popularity with cheap living tiny houses, but their kids will feel the pressure to become more fashionable (and then they'll be worker longer and harder rather than getting lazy and planning on retiring too early -- bad for the economy!) Yes, that's the plan. Lets all agree.
Just did some math based on the 60k base price. LEt me know if Im right or wrong. But at 60k a pop you could house every ho9meless person in america for around $40 billion.
Here in Palm Springs, CA they are talking about spending $30 million dollars to build a homeless center. Do you know how many of these they could purchase with that money? 500!
@@BenCadetThePastafarian Homeless is a misnomer. Homeless is a symptom not a cause. The cause is addiction, mental illness, low IQ, overall laziness, not wanting to conform to "the man," etc. Calling those people homeless is part of the problem. What they are in unemployable for whatever reason. And it is going to get worse because in the near future, due to the advancements in technology, the minimum IQ required for gainful employment will increase. Now the number of the unemployable is finite and today stands at about 15% of the general population. However the number of homeless is infinite because the minute you start handing out homes for free everyone will become "homeless." So part of the solution is to stop calling them "homeless" and call them for what they really are: "unemployable."
@@BenCadetThePastafarian By the way according to an article by the Desert Sun published May 4 2023 the count of homeless in Palm Springs, CA is 239. Palm Springs is the city where they are proposing a "navigation" center for the homeless costing a whopping $30 million dollars. They did not do a homeless count for 2024 yet.
@@joecarmo9059 I use the term "net negative" to describe them. Absolutely useless to society. Contribute nothing, only causing more harm and pollution.
You should read the top post. Once u pay for permits, construction for foundation, utility hook up you’re looking at about a 250,000 house that is smaller than regular homes.
I am definitely interested in this product. Homes in a box is something I've been seeing recently that interests me but I am also interested in renewable energy and perpetual motion devices. Society is so concerned with to rape Mother Nature in order to get resources like oil and natural gas when the technology already exists so that every home on the planet could have access to free food, electricity and water. Unfortunately, we all live under an unjust system that rather see the rich free live off of our hard work and mental efforts. I look forward to the day when all of what god has bestowed upon USAll will actually be given to USAll. In the meantime shout out to all of the innovators that are still inventing and educating USAll with the wonders of this world.
I think Elon Musk is waiting for this company to go bust and then he's going to buy it. And then he'll run it in such a way as to actually make these things efficiently and actually ship them to customers as soon as possible, and then he'll get credit for solving the housing crisis. And you know what? I'm all for it. Though I'd prefer for him not to wait until it goes bust, and to simply offer to buy them out, right now
It’s been YEARS and hundreds of millions of dollars taken from investors, PROBLEM IS they have not delivered the BOXES!!! Really starting to look like a SCAM.
Well who ever has invested has gotten the Enron treatment: Boxabl didn’t disclose its 2022 full-year performance until last month, when it reported $33 million in operating losses, doubling the total from the previous year. The two co-founders raised their base salaries by nearly $200,000 for this year. They each sold approximately $5 million in company stock last year, though they remain majority shareholders. The company doesn’t have regulatory approval to sell its Casitas in any state.
They were making 2 per shift with manual and automation equipment. The number of units made per day should increase beyond that with the recently installed automation that will now be taking on the bulk of the build for the consumer grade.
There is nothing new or novel about what boxable are offering. In the UK after WW2 we built hundreds and thousands of Prefabs. Which were integrated and contained all the latest home appliances. Many of these lasted onto the 70’s before they were demolished and replaced
@@rogerstarkey5390 Anything pre 78’ build generally was full of asbestos. There have been significant improvement to prefab since then. Also the ones from 70’s took months to build in factory and shipped wide on roads with special permits across cities, counties and states. Boxabls take a couple of hours to build fully furnished and they unpack within an hour. Considerably more efficient and faster than the ones in the 70’s, 80’, and 90’s IMO.
Looking forward to Part 2 of the video! 🤐🏠
Thanks for coming out to visit us Dr. Know-it-all!
Yes, I can't wait to show that to the public. It's very exciting!
@@DrKnowitallKnowsWhat exactly is the white sponge used in this house? Is it EPS, XPS or polyurethane?
Ingenious invention tytyty for th video…….. how long is the waiting list 600 of these would make a charatible community
@DrKnowitallKnows I invested in this company on START ENGINE and am sorry I did. I wished I had seen MEET KEVIN's TOUR and EVALUATION of this QUESTIONABLE company. DO Your DUE DILIGENCE on this COMPANY
@@marros1445please…what issues do you see?? I’m seriously considering buying one. Thank you.
Imagine being with the professionals who build the thing youre learning about and talking more than they do
Recommend doing your research before buying a washer dryer all in one. Take hours to dry your clothes. Looks good and space efficient but that's where it ends. Stackables are better. Tiny home owner here. Great video btw. Really like the Boxable concept and company.😋
Good to know.
Lots of advertizing but no ETA!!!
Says someone who didn't order. Are you a customer?
Great concept, and I did invest a couple of years ago, but not more than I could afford to loose... The question at present is, will Boxabl ever be able to even partially build enough units to meet the substantial national demand in the US?
Probably NOT, due to zoning; permits; unions, etc.
@@TheSGBrown this is why I told elon to buy land to form a private corporation around turning it into a private property , he can turn around and resale the property cutting out those stupid zoning laws .
@@BigReggii Fwiw, recently in Idaho, mobile home parks have now charged as much as $400 HOA fees. Apparently, HOA fees are legal when persons sign their rights away, while agreeing to TOS agreements; whereas zoning laws impact new construction of housing, and placement of modular/manufactured homes, etc. BOXABLE, at present, according to reports have NO licensing, nor permits for placement ANYWHERE in the country, except for unzoned private land! /shrug
I toured the Nissan factory in Nashville, TN. Hundreds of robots, hundreds of employees, ALL WORKING 24/7. This place is nearly empty of any activity.
They talk a big game but they're full of s***
Yeah, because a brand new company making houses in a totally new form with totally new tech is totally exactly identical to a company established for nearly a century building cars.
@@I_Am_SciCurious I admire Boxabl's ingenuities. Unlike cars, Boxabl has to meet city's bylaw requirements. How many cities, one may ask.
Didn't Elon say that he doesn't have a boxable? Pretty sure he corrected the record on this a while back.
Yes he did
He has one. He doesn’t live in it. It’s at Spacex HQ next to his residence.
Yup, he never lived in one. Space X bought a few for the employees. But never purchased another one. BOXABL has been misleading to the public.
I understand transportation costs may vary. I would liked to hear how much money it would cost to erect the house on a foundation and connect it to utilities. There seem to be many advantages to a mobile home.
Above are questions for your local utility companies, local contractors, local codes departments and local water/sewer company not Boxable. All those costs vary widely depending upon where and when you want your box to be located. The difference in 1 county to the next in your state of residence can make a huge cost difference.
Heck, out in L.A. they live out on the streets in cardboard "boxables" already. For Free! Public restrooms where available to freshen up. Soup kitchens for daily bread. No charge.
We did energy reduction retrofit to our 2000 sqft all electric home coupled with 13.2 kW solar panel installation and 2 PW2 powerwalls and with other energy reduction efforts (heat pump and heat pump water heater, etc) have reduced our annual electric bill to less than $200/year (~$16/month), and export >50 % of our excess solar back to grid. We have been net positive over past 11 years, and net production/use was 460% last year, which included charging two Teslas. I like tiny houses but with effort a homeowner in a larger home can do a lot to live sustainably.
tesla has a box now, installed with everything solar electric.
For it to have 4 people in there it doesn’t look crowded.
Dream job lol, stand around and eat snacks and hang out
just FYI homeowners insurance can be tough with tiny homes. A lot of insurance carriers won't cover tiny home under any policies (not homeowners, landlords, not mobile/mfctured home) landlord's)
Isn't that Baxable built this like a tank! No need HOME insurance...
Even one may think they don't need an insurance (me too), but would the city agrees. Besides, there are city bylaws requirements. I personally think the sheer weight of 12,000 lbs will suffice. Will the city agrees At the end of day, Boxabl has to team up with local professionals, structural, architectural, to get approval.. How many cities you ask. Then one still need to liaise with the the power , sewage and water authorities to get hooked up and pay. After all, it's hard even though Kassita is not expensive and fold up for delivery is marvelous idea
Been following your channel for some time and a huge fan.
Likewise big fan of the pre-built home segment and been following Boxabl for some time too. Living in Sydney we have a few problems with housing down here. Sadly not only with availability, but affordability and quality. We have very low confidence in build quality where material costs increases, sloppy builders and inspection has let to some wild cost cutting and non code construction.
One of my other fav pre-builds that ship world wide is Nestron. They build to any countries codes, come fully furnished and can also do custom orders. They also have one model (Cube 2X) that you'd think was Tesla made.
I’m not pessimistic about these houses I definitely would want to own one. It’s just that when you say Elon Musk owns this, Elon musk could’ve bought this like a $6 Starbucks drink yesterday and not live in it today.
I'm an investor; but am not completely happy with the details coming out. I see that they keep expanding into new factories; which is fine, but they need to actually get to a point where they are in full production and have all details available for those who want to buy. When I invested, the Casita was $50k and came fully furnished; it still seems like a good price at $60k, with some other options for furnishing, but this information needs settled or everything still looks like a pipe-dream.
i want / need to wait 5 years to see how quickly these will deteriorate in the elements. settleing will be very bad for constructions like these , UNLESS you need to re-adjust and tighten the box yearly . LOL
@@andreavandekleut6379 build a pad for it
I was a potential buyer
My line was at 50k why?
Because it's much cheaper building one of these. To avoid the headache of the construction why not cough up the 50k and be at peace of mind but 60k plus shipping no thank you.
Wonder why they don't just use tankless hot water heaters, Big space savers.
I like the concept. Meet Kevin did the same tour and because he has a realtor and flipper background asked allot of zoning and licensing questions. Hopefully Boxabl has gotten their product up to some construction requirements. Because of Kevin's review I wouldn't buy or invest in Boxabl. Look good, didn't sound like they would hold up.
The company is in trouble!
Yes, they are scammers.
I'd live in a box down by the river.
you would call that living as Box of bull instead of Boxabl!
Currently, Boxabl has a waitlist of over 160,000 members with at least 4,000 paid deposits. BUT has only been able to deliver 500 total since inception. Not good. If anyone still wants to buy shares, I’d be happy to sell mine at discount.
If anyone does manage to get one permitted and installed in their backyard, they will be in for a major disappointment when they sell the property. Buyers and appraisers are going to discount these structures compared to the stick built alternative IMO.
They just need to build another factory, I thought about investing but I believe that they already have enough. I can see this business still growing because it is needed, but the Chinese are trying this market as well for extremely low cost buildings. But we need to stay AMERICAN MADE! so Boxable get your shit together with those orders!!
Something is not right about this company. I read the Business insider articles and yes BI is not always the best source for “news” but their series of articles on Boxabl were very detailed and specific about the issues of the finance and the sec investigation. The meet Kevin video was an eye opener as well. Cool idea but I see the writing on the wall.
I agree that something doesn’t smell right.
Be great if they had a garage/workshop ground floor on which to stack an apartment.
The have played with that idea ...you can stack 3 units.
2 at ground level, 15 feet apart, with a third on top resting on the ends.
How long do you have to wait? How can I get blue prints? Can I change things around. Need two bedrooms. Thank you! Ames, Iowa therefore we have snow. Ceiling snow load? R value of house, please. 3/3/2024
They are not permitted anywhere residential. Not one has been delivered to a non-cooperate entity.
YT is deleting my comments with links to the companies currently delivering them to land-ready consumers in AZ, UT, OK, and NM. CA asked for a fixture tweak so that should be soon.
KAS Construction in UT
Kingdom Builder LLC in AZ
Punnett Construction in OK
EcoMOD Ventures in NM
WRONG!!
Modular home builder faces SEC inquiry
Boxabl’s business practices, executives, funding scrutinized
Boxabl has been delayed in filing financial information, disclosing its full-year financial performance for 2022 in August. The filing showed the company sustained a $33 million operating loss in 2022, double the previous year and has not yet received the regulatory approval to sell its homes in any state in the country.
Despite the loss, Tiramani and his 65-year old father, Paolo, who serves as Boxabl's CEO, raised their base salaries in 2023 to $595,000 rom $400,000. Last year, the pair each sold off about $5 million of stock in the company. They remain the majority shareholders.
Like the idea, I was wondering why these guys are cranking them out. I work on pre-fab modular homes in the 70's and they were put together pretty fast. Framing crew, drywall, electrical finishing crews all under one roof. This video reflects a slow process from start to finish, and it doesn't have to be that way.. as far as the cries of scams and set up cost, just haters. With a small foot print you could easily put these on slabs or crawl spaces with minimal cost. Great for beach home rentals, trade off on these to make your own tiny house mobile home park, or that hunting cabin in the mountains,,,,, these guys just need to get a better work ethic, or better workers
Sounds like they went up in price. Originally they said each unit would be $50,000.
I am a shareholder of Boxabl and 2 on order. It's going to take a while to get them, I think. I'm excited about what they are doing. It's a great concept.
I hope you are not scam with this company,
It would have been nice to have a link to buy "Elon Musk Bought a $50K BOXABL House! Now You Can Too!" and a clear answer on how long it would take to get them. I have only found reserve one which at the rate they are going could take years to get.
Reports online, as of Feb 14, 2024, from a major tiny house website, suggested that the actual "Base price of a Boxabl Casita is around $69,995, which is lower than a traditional site-built home. However, this price does not include shipping or installation costs. You'll also have to buy or lease the land where you intend to anchor your house. As earlier reported on Feb 14, 2023, (same source) Boxabl, then, had a waitlist of over 160,000 members with at least 4,000 paid deposits."
In other words, once again, no one on earth will ever allow a consumer to buy a home that ultimately costs under 50k. You will always be required to spend a minimum of $150k to $300,000 to have a move-in ready home. And that is the problem with housing in America.
As someone who has owned a trailer park problems with local codes not allowing detached homes under certain square footage usually 800. Trailers are usally cheaper built needing replacement fixtures within the first year and rotting walls and floors after the slightest water leak.
False information!!
Seperate washers and dryers is nice when you have multiple loads. While one is drying the next load can be washing. For this home probably not needed.
Combo units are horrible. Never gets dry because you can wash more per volume than you can dry. ( I used to have one)
@@CHMichael Hopefully you can replace it with a vertically stacked pair instead.
@@RobertLoPinto that was a while ago. Yes stacked but also. I like old dryers with a giant drum ( yes I have to do my own laundry - girlfriend is scared of all the junk I put in my pockets)
Or spend a few bucks for a clothes line.
@@pillarwatch Tell us you live on the west coast without telling us.
Or
Clothes line? What is this, 1825?
What exactly is the white sponge used in this house? Is it EPS, XPS or polyurethane?
Does this require a city permit in N California?
It took them for ever until they had a product for sale . Let's see if anyone is actually working now.
( I wanted to buy 2 a couple of years ago)
Edit : as usual no houses coming off the assembly line. Too bad . Really great concept. Reminds me of aptera and the othe 3 wheel .... and Nikola
Over 500 distributed.
Also not sure if you know they got international Building Code approval.
That opened the door for state approvals and they are now distributing to trained Boxabl installers for approved states: AZ, UT, OK, Hawaii install was shown the other day on their FB page.
NV and even heavily regulated CA are on the brink of state approvals.
You should be ashamed of yourself promoting a scam like this
No deliveries just promises.
What's the "R" factor in the walls, floor and ceiling? It can't be much over R-16
Great idea, but good luck finding affordable property to build on and navigating the maze of local regulations, permits and zoning restrictions. You'll probably pay more for those than the actual building in most cases.
I agree its true with most cases but in my situation i already have 2 acres of unrestricted land and already have a tiny shed converted into a home..i just need to built another driveway and put 2 nice empty lots and have it ready…if i can put 2 of these there and rent them out with my tiny home i can make about 3k amonth..i just hope these homes are worth it..dont know anything about the quality and what the delivery/costs are
@@giantsfan8872 sounds like you have a great setup and a great opportunity for some rental income. Good for you. Lets hope this real estate bubble pops so land prices can come down for everyone else.
@@giantsfan8872 You'll be waiting for years. Reports online, as of Feb 14, 2024, from a major tiny house website, suggested that the actual "Base price of a Boxabl Casita is around $69,995, which is lower than a traditional site-built home. However, this price does not include shipping or installation costs. As earlier reported on Feb 14, 2023, (same source) Boxabl, then, had a waitlist of over 160,000 members with at least 4,000 paid deposits."
Kevin thinks they are scammers.
There's an awful lot of real activity happening so I disagree
As in “Meet Kevin”?
Yeah, I’m not sure how much I value his opinion on anything whatsoever.
Don't trust that Kevin but he has a point.
The same Kevin that believed in and allegedly promoted now defunct FTX, Kevin?
If feels like Kevin's opinion is now leaning towards what benefits his businesses including ratings. I've stopped following Kevin 😢
Not while it's just a caravan I'm afraid, no. Planning law in the UK & US needs to catch up with not only modern caravans/mobile homes but also population growth, the 15 minute city, electric bikes, electric cars, solar, cycle lanes, parking and more. What we really need aren't these I'm sorry to say, but tower blocks that use far less space per person and share the facilities you absolutely do not need as a 21 year old fresh out of university. We need a liveable bottom rung of the ladder. Having to live in a single family dwelling doesn't do that. Modular homes like this might be useful for speeding up construction of luxury homes for the wealthy living in the countryside or suburbs, but not for seriously solving the housing crisis. But we obviously need companies like Boxable to sell to the people who can afford to build one anyway, in order to develop the tech to the point where it becomes viable for the housing crisis.
On the other hand, I'd be a lot more positive if it had a big round door, tunnel shaped rooms, and wood panelling everywhere.
(A hobbit home, with a bit more ceiling height and no modern looking and therefore naff stuff and obviously a garden, not a 'yard')
Can we order a different floor? I’m not wild about vinyl,
60k? If there’s a market for it at that price, great, but that seems ridiculously high for a tiny home. Very nice design though
Just buy a old house for that price.
Realize you are paying for the technology, unbreakable walls, streamlined process, crazy automation, these things take time. 2026-2027 should tell us everything we need to know, flip or flop
Have you been to California?
Doghouses cost more than that.
J/k but not really😄
You must live in a cheap part of the work for me one bed apartment is $200,000
Where water and electricity coming from and the land to put the house and where our vast to go ?
With so many cities and towns not allowing you to use smaller homes , tiny homes or unconventional homes is there a way to circumvent this issue? I would love one of these but only if I can use it on my land. Bend Oregon.
You make an excellent point re : ' cities and towns' . There are way too many random fiefdoms scattered throughout the US. Each thinking of itself as ' the United States of Randomville' . And each blocking any attempt at solving large scale societal issues like homelessness, climate change, etc. Because each fiefdom, usually run by ' Boss Hog' from ' the Dukes of Hazzard' says ' not here, not in randomville. We don't want strange lookin' houses here in Randomville' . It's so frustrating, stupid, short sited, myopic. When the human race eventually goes extinct, we will have done it to ourselves. And when the zombie apocalypse occurs, there will still be some jerk driving around issuing tall grass fines to homeowners. Ugh.
@@cshaw9083 Ty
We loved our tour!
The governments should have addressed the housing issues 50 years ago!
"Insulated wall technology " what's that then?
According to the site and some previous videos,
Concrete, steel, EPS foam if I’m not mistaken.
@@AndiGrant so a normal cavity wall then.
@@AndiGrantrats and insects will eat through EPS
First, it was 10,000. Then it was 50,000. Now it is 60,000. I believe before it is done it will be 100,000. Are kidding me?
I appreciate this video but only wish the initial driveby through the factory was closer to the units.
There were too many things in the way. After waiting a year for the tour why couldn't they let you walk the line a few feet from the units themselves? Sometimes you'd refer to some detail which I couldn't make out.
The interior tour was much better. Gave me a very good feel for the house.
I recommend you do the tour.. I did . Only then do you really appreciate what is going on.
@@ActiveDutyInvestor I live on the east coast so a tour is not in the cards.
@@RobertLoPinto I trip to Vegas is ALWAYS in🙃
Are the wiring issues fixed and what about permits. Cutting corners means lawsuits that will take them down.
These tours are formalized to attract investors and deposits… two factories later and no shipping!
The original Casita has suddenly been halted for a new Casita version 2 due to have started shipping by the end of 2023… it was said to be “perfect” by the Founder!
Excuse after excuse with people leaving, ex-Executive suing, counter suits, SEC investigation and they still aren’t shipping a “perfect” Casita!
The cost went from a projected $50K to $89K to $TBD… increased projected shipping cost… and thousands of Depositors on the Wait List… some for two years and some people have started asking for their money back!
I like how it went from $10k to $60k 😂
This is the only investment that stays at the same price $0.80 round after round because the 3 billion dollar valuation is crazy. Early investors have had no advantage over anyone else
I didn't see any closets in any of the units.
After the purchase of the house - will be challenging on where to put it.
You have to find that before you purchase it. I found the location where however it would be much cheaper building that small box then buying that and transporting it to you.
If it was 50k with cheap delivery maybe then it worth it to avoid the construction headaches 60k plus delivery plus tax no thanks all pass.
I’ve been on a list for 3 years! I’m upset because I also bought stock and now I realize it’s all a scam.
Actually I think Elon had SpaceX buy one for use at Boca Chica!
Box able homes fabulous wonderful like to live in one of these homes will they be in Ontario canada soon
Why don’t they use a Murphy Bed??
One lil box is 60k? If so seems a lil pricy what would it cost to .ame something comprable in size
When they'd started, they'd promoted the Boxable house at near $50. Now, with FEW actually being built, the price keeps continuing to rise, imo. /smh
Love this! Modern
What happened to the other guy with a video telling about the factory? Did he quit to lock the rest are
Isn’t Boxabl under investigation with the sec? Why is that?
Boxabl manufactures prefabricated tiny houses, designed to be a cheap alternative to traditionally constructed homes. Co-founded by son-and-father duo Galiano and Paolo Tiramani, the startup has leaned heavily on public support, raising more than $150 million in the last three years.
Mutual fund manager Leader Capital recently sued Boxabl, accusing the company of delaying the sale of shares it holds in the construction company. Leader planned to sell the stock for below the share price Boxabl recently charged investors, according to the lawsuit, which would have netted the fund manager $3.7 million if the deal hadn’t collapsed.
Boxabl didn’t disclose its 2022 full-year performance until last month, when it reported $33 million in operating losses, doubling the total from the previous year.
The two co-founders raised their base salaries by nearly $200,000 for this year. They each sold approximately $5 million in company stock last year, though they remain majority shareholders.
The company doesn’t have regulatory approval to sell its Casitas in any state.
Ponzi scheme.
This and in a lawsuit with a mining company that bought them. Even the state of Nevada won't let them to be set up, and there built there. Enjoy the mold.
I just toured the facility in Las Vegas. Not impressed. No one could answer my questions, which were very basic construction, planning questions. Couldn’t give a wait time. Just said there’s 150k on a list and you could jump up to the top at a random point. No answer as to how long it takes to make them.
I thought it would be an assembly line type of production. Nope.
A few people here and there just standing around. No production noise. This was early afternoon.
Great idea. Poor execution.
I’ll pass until they can get their act together.
The new trailer park
Basically but higher end
yes where do I order one
I like the first model better
If they can show advancement in automation I’ll invest
I think elon said he didnt buy one. He stated that in one if his interviews
Check Full Send podcast where he said during interview that he had one and used it as a guest house. He is currently living in another tiny home that he modified. He didn’t state the brand of that one though.
@@AndiGrant it's one of the old house nearby
@@MarsOzzie
The $45k house he said he had in the same podcast as his main house was an old house?
It was interesting how people were accusing Boxabl of lying about the not-so-subtle hints of Elon having one and then Elon’s Full Send Podcast and 💥 boom the NDA no longer applied and many had to eat crow. 😄
This is the future. If we're ever going to get the world's population above a trillion, we're going to need more compact and affordable housing options. Large community centers aren't going to be acceptable. That leads to too much socialization and socialism. We need to keep families private and competitive. With a trillion people, the world's economy can really begin to boom. But not if it's a trillion people are sitting together, holding hands, and singing kumbayah songs. We need work and more overtime. And, we need tiny homes. Sooner or later, after these big house subdivisions grow old, they can be replaced with tiny house locations. And since new homes will be metal rather than wood, we don't need so much lumber or trees or forests. Those can become tiny home subdivisions. As for farmland? Think tiny home subdivisions. I think the Chinese are developing the conversion of fossil fuels into digestible protein, lipids and carbohydrates the body needs to work. One danger, however, is that the people who buy these things are planning to retire early or cut their working hours. We can create better brands that are more sought after to remedy this situation. They will cost much more, and must look much better too, in other words, folks are gonna have to know if you live in a cheap home or a fashionable home, and those with scruples need to be educated to understand the benefits of having high fashions. This is where future employers will need to becoming discerning with where their employees live. For example, the boss and talk to his employees about the demerits of having lazy employees who live in cheap homes, and it must be apparent that all bosses find cheap living employees unsuitable, and so the employees will feel more drawn to high fashion tiny houses. And were going to need to remove the oxygen from main stream media that makes cheap living popular, through big money media blitzes that aren't obvious. That's all in the future though. We got to break ground by getting this tiny things popular, so lets all agree that the first generation of buyers can find pleasure and popularity with cheap living tiny houses, but their kids will feel the pressure to become more fashionable (and then they'll be worker longer and harder rather than getting lazy and planning on retiring too early -- bad for the economy!) Yes, that's the plan. Lets all agree.
Can 2 boxables be combined. I have a child. Please advise.
Just did some math based on the 60k base price. LEt me know if Im right or wrong. But at 60k a pop you could house every ho9meless person in america for around $40 billion.
So, they get free housing for being vandal and druggies? Hell no.
Homeless people contribute nothing to society. Not a single positive thing.
I'd be interested in getting one of these, but last I heard they were seriously backlogged and weren't producing many of them.
same was being said about Tesla in 2018/19
Here in Palm Springs, CA they are talking about spending $30 million dollars to build a homeless center. Do you know how many of these they could purchase with that money? 500!
thats not alot dude, there are thousands of homeless
@@BenCadetThePastafarian Homeless is a misnomer. Homeless is a symptom not a cause. The cause is addiction, mental illness, low IQ, overall laziness, not wanting to conform to "the man," etc. Calling those people homeless is part of the problem. What they are in unemployable for whatever reason. And it is going to get worse because in the near future, due to the advancements in technology, the minimum IQ required for gainful employment will increase. Now the number of the unemployable is finite and today stands at about 15% of the general population. However the number of homeless is infinite because the minute you start handing out homes for free everyone will become "homeless." So part of the solution is to stop calling them "homeless" and call them for what they really are: "unemployable."
@@BenCadetThePastafarian By the way according to an article by the Desert Sun published May 4 2023 the count of homeless in Palm Springs, CA is 239. Palm Springs is the city where they are proposing a "navigation" center for the homeless costing a whopping $30 million dollars. They did not do a homeless count for 2024 yet.
@@joecarmo9059 I use the term "net negative" to describe them. Absolutely useless to society. Contribute nothing, only causing more harm and pollution.
Buying land now I am just wait for the time click pick up
Overpriced garden shed. No idea why the washing machine is next to the bed, it could have been fitted in the kitchen or bathroom.
I challenge Elon musk to stay in these Tin sheds. He thinks poor people are animals
Slide out the stove to where?
I love this! Imagine college grads buying an apartment like this on an acre or so? The future of affordable housing.
You should read the top post. Once u pay for permits, construction for foundation, utility hook up you’re looking at about a 250,000 house that is smaller than regular homes.
I am definitely interested in this product. Homes in a box is something I've been seeing recently that interests me but I am also interested in renewable energy and perpetual motion devices. Society is so concerned with to rape Mother Nature in order to get resources like oil and natural gas when the technology already exists so that every home on the planet could have access to free food, electricity and water. Unfortunately, we all live under an unjust system that rather see the rich free live off of our hard work and mental efforts. I look forward to the day when all of what god has bestowed upon USAll will actually be given to USAll. In the meantime shout out to all of the innovators that are still inventing and educating USAll with the wonders of this world.
I think Elon Musk is waiting for this company to go bust and then he's going to buy it. And then he'll run it in such a way as to actually make these things efficiently and actually ship them to customers as soon as possible, and then he'll get credit for solving the housing crisis. And you know what? I'm all for it. Though I'd prefer for him not to wait until it goes bust, and to simply offer to buy them out, right now
Went from $50k to $60,000.00, common guys
YES BUT NOT THAT PRICE NEED LESS PRICE PLEASE MINNEAPOLIS MINNESOTA PLEASE LET ME KNOW
It’s been YEARS and hundreds of millions of dollars taken from investors, PROBLEM IS they have not delivered the BOXES!!! Really starting to look like a SCAM.
Is this insulated adequately for northern climates
Or the heat of the desert southwest
If this is a video sponsored by Boxable please disclose this
Show us people actually living in your homes! Stop paying influencers to hipe your homes.
YES
They going to use it in MARS
THX JOHN 🤗 for the boxable update😎💚💚💚
They will never sell one
The price don’t make sense to me. $60k C’mon
You then have to pay for the shipping after tax your looking around 70-80
Well who ever has invested has gotten the Enron treatment:
Boxabl didn’t disclose its 2022 full-year performance until last month, when it reported $33 million in operating losses, doubling the total from the previous year.
The two co-founders raised their base salaries by nearly $200,000 for this year. They each sold approximately $5 million in company stock last year, though they remain majority shareholders.
The company doesn’t have regulatory approval to sell its Casitas in any state.
Ponzi Scheme.
yes i would buy if they ever com east
Just let Elon buy you and in few years he will deliver
"my fav"
i would buy 3
At that rate theyll make 1 a day
They were making 2 per shift with manual and automation equipment.
The number of units made per day should increase beyond that with the recently installed automation that will now be taking on the bulk of the build for the consumer grade.
Nice for a vacation home but far too small for me. My house is 900 SQF and it is to small for me
I think this so cool
There is nothing new or novel about what boxable are offering. In the UK after WW2 we built hundreds and thousands of Prefabs. Which were integrated and contained all the latest home appliances. Many of these lasted onto the 70’s before they were demolished and replaced
Difference is these come flat-packed, come on the back of a lorry and just take an hour or two to erect.
@@mallamal5578 so were the prefabs. Just needs bolted and sealed
@@teslar1
They were also small, draughty and full of asbestos.
@@rogerstarkey5390 true, it was before asbestos was proved to be dangerous
@@rogerstarkey5390
Anything pre 78’ build generally was full of asbestos.
There have been significant improvement to prefab since then. Also the ones from 70’s took months to build in factory and shipped wide on roads with special permits across cities, counties and states.
Boxabls take a couple of hours to build fully furnished and they unpack within an hour. Considerably more efficient and faster than the ones in the 70’s, 80’, and 90’s IMO.
They don't have one for 60k. Their company is a scam