Tesla reported its third-quarter earnings, showing revenue slightly below expectations but strong earnings per share. The company also highlighted significant production and delivery growth, a positive milestone for the Cybertruck, and a focus on future growth despite economic challenges.
Tesla shareholders are eagerly awaiting the company’s third-quarter earnings call, where they are demanding answers on timelines for promised products, including the highly anticipated Cybertruck and the Optimus humanoid robot. The company’s history of delayed deliveries and shifting timelines has sparked concerns among investors.
Tesla’s latest autonomous vehicle, the Cybercab, has sparked debate after an engineer revealed its exterior panels are not made of stainless steel, unlike the Cybertruck. The decision prioritizes cost-effectiveness and efficiency for the high-volume robotaxi. The Cybercab, expected to launch in 2026, is priced under $30,000, making it significantly cheaper than the Cybertruck. The Cybercab’s design, while resembling the Cybertruck, aims for practicality and affordability.
The Irvine Police Department has unveiled a customized Tesla Cybertruck, believed to be the first of its kind in the nation, to support its DARE program and community outreach initiatives. The vehicle, while not a patrol car, is fully equipped for emergencies and community assistance, and its unique design aims to spark positive conversations and engagement.
Elon Musk’s Cybertruck took center stage at a high school homecoming event, driven by Donald Trump’s granddaughter Kai Trump. This appearance comes amidst growing ties between Musk and Trump, with Musk actively campaigning for the former President.
A recent report claimed Geico, owned by Berkshire Hathaway, had dropped coverage for the Tesla Cybertruck. However, the insurance giant clarified that it does offer coverage for the electric pickup truck nationwide. The initial confusion stemmed from a Tesla Cybertruck owner’s social media post sharing a letter from Geico seemingly terminating his policy. This incident highlights the unique challenges of insuring the eccentric Cybertruck, which has previously caused insurance hurdles for some owners.
Tesla has issued a recall for approximately 27,185 Cybertrucks due to a delay in the rearview camera image when shifting into reverse, potentially violating safety regulations. This recall comes after a series of previous recalls for the Cybertruck, including concerns about loose parts and windshield wipers. Despite these recalls, Tesla continues to expand its Cybertruck production and deliveries, with Mexico becoming the first country outside the US to receive the vehicle.
Tesla is set to make a highly anticipated return to the Paris Motor Show in October, showcasing a lineup of vehicles including the Cybertruck, Model S, 3, X, and Y. The event will also feature the Optimus humanoid robot, Tesla Energy solutions, and a virtual presentation from Elon Musk. Tesla’s presence adds excitement to an already busy month for the electric vehicle company, which will host its Robotaxi Day and release third-quarter financial results.
Tesla’s Cybertruck lead engineer, Wes Morrill, expressed frustration with Grok’s AI-generated images of the electric truck. Despite being trained on a vast amount of Cybertruck data, Grok failed to accurately capture the vehicle’s distinctive angular design, instead producing images of various other vehicles, including roadsters and sports cars. This highlights the limitations of current AI technology in accurately depicting complex objects.
Tesla executive Ashok Elluswamy’s playful ‘Airplane!’ GIF suggests the company is working hard to deploy its full self-driving (FSD) technology on the Cybertruck, despite previous delays. FSD features have already been partially implemented on the Cybertruck, but the full autonomous driving capability remains elusive.
