Tesla

Tesla will end production of the Cybertruck next year, saying the line will make room for increased Cybercab (Robotaxi) production. The vehicle sold about 70,000 units in three years—far short of Musk’s 250,000-a-year projection—and reportedly incurred $1.9bn in losses amid multiple recalls, fires and technical issues. The Cybertruck’s unconventional design, safety problems and political associations with Elon Musk depressed mainstream demand and cemented its status as a polarizing, cult vehicle. » Więcej na theguardian.com

Merger talks between Tesla and SpaceX are reportedly progressing; an announcement could come as early as December. A share-swap with SpaceX as the buyer is being discussed as a possible structure, with strategic overlaps in AI, autonomous driving, robotics and chip manufacturing. Negotiations are not finished: special committees are reviewing the deal, Musk is not participating because of conflicts of interest, and shareholder approval as well as valuation and a possible premium for Tesla shareholders are decisive. » Więcej na deraktionaer.de

Elon Musk announced Tesla will continue manufacturing the Cybertruck through the end of summer 2027 to give the company more time to fulfill orders. He had previously said production would wind down by mid-2027 and warned Tesla may need to refund many customer deposits because order demand far exceeds production capacity. Musk said the extension is not the most profit-maximizing decision but justified it on sentimental grounds amid customer frustration. » Więcej na cbsnews.com

Elon Musk announced winding down Cybertruck production, saying the model is not unprofitable but its production complexity has a high opportunity cost compared with ramping Cybercab robotaxi output. The move follows sustained criticism over the vehicle’s design and safety, including European restrictions, and reports of negative public reactions from owners. Tesla will redirect resources toward higher-priority projects rather than expanding Cybertruck manufacturing. » Więcej na theguardian.com

Following quarterly results and comments by Elon Musk, speculation about a merger of Tesla and SpaceX is dominating the discussion. Jefferies lowered its price target for Tesla from $400 to $375, while JPMorgan and other analysts see strategic logic for a combination and JPMorgan considers a 30–35% premium possible. Experts predict high probabilities of a merger by 2027, while products such as Cybercab and Optimus are still in early testing phases and are not expected to generate material revenue before mid-2027. » Więcej na deraktionaer.de