Farewell, Cybertruck: why the winding down of the ‘Maga hat on wheels’ is a sign of the times
Eccentric and overhyped, Tesla’s Cybertruck became a stand-in for Elon Musk during his ascent in the Republican party
Eccentric and overhyped, Tesla’s Cybertruck became a stand-in for Elon Musk during his ascent in the Republican party
The SpaceX-Tesla merger is increasingly sounding more like a when than an if. Bloomberg reports that the estimated $3.5 trillion tie-up could come as soon as December, but could also slip to early 2027: > The companies have also discussed a scenario in which an announcement slips into early 2027, said the people, who asked to not be identified because the discussions are private. Their boards and advisers are hammering out the terms of the tie-up and governance structure of the combined entity, among other matters, the people said. One of the complicating factors is how to keep separate Tesla’s business in China from SpaceX’s many government and defense contracts. The merger also may be upended by the Democratic Party’s success in the midterms, with many candidates running on the message of reining in Elon Musk’s corporate empire. [Link: SpaceX and Tesla Talks on Record Merger Are Said to Progress | https://www.bloomberg.com/news/articles/2026-11-12/spacex-and-tesla-talks-on-record-merger-are-said-to-progress | Bloomberg]
Musk called the merger “a good idea,” though he cautioned it wasn’t a guarantee.
Tesla’s unpredictable CEO is ready to move on from the company’s most controversial vehicle, but owners aren’t about to let him off the hook for what they see as a poor decision.
The merger would be a blockbuster for Wall Street’s dealmakers, creating a conglomerate housing EVs, energy storage batteries, rockets and satellites.
Usually, Tesla diehards defend Elon Musk’s every move. Not this time.
Production of the controversial EV was supposed to wind down spring 2027, but Elon Musk is now extending the deadline through the end of summer. Musk admits this is “not the smartest move from a profit-maximizing standpoint,” adding “there must be some room in this world for sentimentality or what’s the point?” Musk muses. Some Tesla fans have been unusually critical of the decision, while others have predictably fallen in line. [Media: https://twitter.com/elonmusk/status/2120565056429814073]
Tesla has just announced the death of its angular, norm-shattering pickup, a sci-fi stainless-steel origami shark on wheels laden with tons of cultural baggage.
Elon Musk says Tesla will refund many Cybertruck deposits because orders exceed what it can build before the Texas line closes in mid-2027.
Elon Musk defended the company's decision to stop making the Cybertruck, which will go out of production in around 8 months.
Elon Musk said the Cybertruck order rate “far exceeds” Tesla’s capacity to produce them before the pickup is retired next year, and that the company will “have to return deposits for a lot of people.” Musk once expected to deliver 250,000 of them every year, but now says Tesla can make more money by increasing robotaxi production. [Image: Musk didn’t specify how many orders are expected to be impacted in his X post. https://platform.theverge.com/wp-content/uploads/sites/2/2026/11/Elon-Musk-tesla-cybertruck-production.jpg?quality=90&strip=all]
Would you ride in a Tesla Cybercab?
This will be the fourth Texas city in which Tesla will launch robotaxis.
Three days after voters rejected Elon Musk’s brand of grievance politics, the Cybertruck is dead.
Elon Musk has announced that Cybertruck production will stop at the gigafactory in Texas to make way for a focus on humanoid robots and Cybercab production. CNN’s Allison Morrow reports.
The latest US jobs figures show a surprisingly resilient economy; a third round of bomb threats has disrupted flights and forced the evacuation of an Irish broadcaster. Follow live updates.
Tesla wanted to unseat the Ford F-150, instead it made the Edsel look successful.
The tech mogul’s pet project, which he insisted was Tesla’s best product, meets an unceremonious end as the electric vehicle maker shifts its focus to building robotaxis.