
Elon Musk announces the end of manufacturing for the polarizing electric truck at Texas Gigafactory
AI-generated summary
The Cybertruck was unveiled in 2019 with a notable demonstration failure involving its 'armor glass'. Its design was inspired by the Lotus Esprit submarine from the 1977 film 'The Spy Who Loved Me'.
One of the most polarizing vehicles on the road will soon be history. Elon Musk says Tesla will wind down manufacturing of its Cybertruck at the company's gigafactory in Texas mid next year.
The truck's embarrassing unveiling in 2019 may have been somewhat prophetic. Musk had a metal ball thrown at the truck's window to demonstrate its, quote, "armor glass."
The window shattered. So they tried another one. Same result.
Patrick George covers the auto industry for the Wall Street Journal. He notes that the Cybertruck's demise is tied to several factors, including its deeply hit-or-miss design. It is a very big, angular, imposing, kind of brutal looking thing, and people really love it or hate it.
Musk says the design was inspired in part by the 1977 James Bond film "The Spy Who Loved Me," specifically by a sleek roadster nicknamed Wet Nellie that plunged into the water and transformed into a submarine.
Patrick George says the truck also suffered a string of recalls and manufacturing issues. He also pointed out the Cybertruck's unique image problem as it became tied to Elon Musk's shift into right-wing politics. In the end, it seems like the Cybertruck's cause of death was insufficient demand. It just had not been selling very well.
Cody and Michelle Abner, outside Fort Worth, Texas, already own one Cybertruck. Cody Abner said he considered getting another order, while Michelle Abner noted that they now have a collector's item. She remarked that while she still thinks it looks like a dumpster, they like to be different and that driving a green Cybertruck makes people remember you.
AI outlook — possibilities, not facts
Tesla will cease manufacturing Cybertrucks in mid-2026.
Very likely · Within months

AI shares show recovery after a $2 trillion loss, as investors react to election results restricting data center development. Analysts warn of potential market bubbles and systemic risks linked to the circular investment patterns of major AI firms.

Sequoia announced a broad overhaul including closing its London office and ending its scout program, a model it pioneered 17 years ago. Rival Andreessen Horowitz has revamped its own scout network, while former Sequoia scout Roxanne Varza said the program helped mature Europe's early-stage investment landscape but may have run its course.

Crusoe, an eight-year-old Denver-based data center developer valued at $30.9 billion, confirmed Friday it sold an unfinished data center project in southeastern Wyoming to Google. Google will invest $17 billion to develop the campus after reportedly raising concerns about cost and construction timeline under Crusoe's management. Crusoe is also developing another data center for Google near Amarillo, Texas.

OpenAI is valued at $1.25 trillion after raising $11 billion in new funding, according to Bloomberg, following a $122 billion round in March at a $852 billion valuation. The company may raise up to $20 billion, down from an initial $30 billion target at $1.4 trillion, as tech stocks fell and public opinion turned against AI companies after the midterms. Rival Anthropic filed its S-1 to go public last week.

Tesla will end Cybertruck production around mid-2027 at its Austin, Texas facility to prioritize Cybercab robotaxi production, CEO Elon Musk announced on X. Sales have declined sharply, with Kelley Blue Book estimating 20,237 units sold last year, down about half from the prior year.

DraftKings offers new users $200 in bonus bets and three months of free NBA League Pass after a $5 wager, while SportsLine experts recommend Cavaliers, New Mexico, and Packers picks for Friday's NBA Cup, college football, and NFL games.