Tesla Cybertruck

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Tesla Cybertruck Bet Not Paying Off? Ford, GM Outsell EV Giant
Benzinga· 2025-07-17 17:18
Core Insights - Tesla's Cybertruck is experiencing declining demand, falling to third place in the electric pickup market behind Ford and General Motors [1][2] - The Cybertruck has seen its sales decline for three consecutive quarters, with only 4,306 units sold in Q2 2024 [2][9] - Ford's F-150 Lightning and GM's Hummer EV have also seen sales fluctuations, with the Hummer experiencing an increase in sales [3][9] Sales Performance - In Q2 2024, Ford led the electric pickup market, while Tesla's Cybertruck ranked fifth among all electric vehicles in the U.S. with 38,965 units sold [4] - The F-150 Lightning sold 33,510 units, ranking sixth, while the Hummer EV's sales increased to 4,508 units [4][9] - Tesla's "other" category, which includes the Cybertruck, saw a significant drop to 10,394 vehicles sold, the lowest since Q1 2023 [6] Production and Future Outlook - Tesla initially aimed for an annual production capacity of 250,000 Cybertrucks, but current sales trends suggest a potential reduction in production plans [4][7] - The company may shift focus towards better-selling vehicles and new growth initiatives, such as robotaxis [7] - Tesla's stock is currently trading at $321.65, down 15% year-to-date in 2025 [8]
GMC Hummer EV outsold the Tesla Cybertruck last quarter
TechCrunch· 2025-07-16 17:19
Sales Performance - Tesla's Cybertruck sales have significantly declined, with only 4,306 units sold in Q2, compared to 4,508 units of the GMC Hummer EV sold in the same period [1] - Ford's F-150 Lightning remains the best-selling electric truck in the U.S., with 5,842 units sold in Q2, marking the lowest quarterly total for Ford in over a year [2] - Rivian's R1T also faced challenges, with sales dropping to 1,752 units in the last quarter from 3,309 units in the same period last year [3] Historical Context - The Cybertruck initially saw a peak in sales, reaching nearly 17,000 units in Q3 2024 after its launch in early 2024, but has since experienced a rapid decline [4] - The company had previously projected an annual production of up to 250,000 Cybertrucks, leading to significant unused capacity at its Texas factory [7] Market Dynamics - The decline in Cybertruck sales may be attributed to brand damage linked to Elon Musk's political involvement and the vehicle's higher-than-promised price, which exceeds the initial $40,000 target set in 2019 [5]
BloFin WOW (War of Whales) 2025 Grand Prix Opens Registration for $4.2M Trading Championship and Tesla Cybertruck Prize
GlobeNewswire News Room· 2025-07-03 08:55
Core Insights - BloFin has launched the WOW (War of Whales) 2025 Grand Prix trading competition with a total prize pool of up to $4,200,000 USDT, making it one of the most significant trading events in the cryptocurrency sector for 2025 [2][4] Group 1: Competition Overview - The WOW 2025 Grand Prix features four competition formats, including team battles, individual leaderboards, random rewards, and a spin-to-win feature, running from June 26 to July 15, 2025 [3] - The prize pool starts at $35,000 USDT and scales with total trading volume milestones, encouraging more trading activity among participants [4] Group 2: Prize Distribution - Prize distribution includes various categories: Team Competition by Trading Volume (40%), Team Competition by PNL % (20%), Individual Competition by Trading Volume (25%), and Individual Competition by PNL % (15%) [7] - Top-performing teams can win a Tesla Cybertruck, while individual champions will receive luxury giveaways [7] Group 3: Registration Details - Registration for the competition is open from June 20 to July 15, 2025, and team leaders are encouraged to form squads early to enhance their competitive advantage [9] Group 4: Company Profile - BloFin is a leading cryptocurrency exchange specializing in futures trading, offering over 480 USDT-M perpetual pairs and various trading solutions [10] - The platform emphasizes security and compliance, utilizing technologies like Fireblocks and Chainalysis for asset protection [10]
Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then
CNBC· 2025-06-29 11:00
Core Insights - Tesla's initial public offering (IPO) occurred on June 29, 2010, with a revenue of approximately $150 million, primarily from the Roadster model [1][2] - The company has evolved significantly, now being the eighth most valuable publicly traded U.S. company with a market cap exceeding $1 trillion and nearly $100 billion in revenue last year [5] - Tesla's current financial success is driven by the Model Y SUV and Model 3 sedan, along with sales of environmental regulatory credits, rather than the earlier models [6] Company Performance - An investment of $10,000 in Tesla at the time of its IPO would now be worth nearly $3 million, compared to about $57,000 if invested in the S&P 500 [4] - Tesla's stock has experienced significant volatility, with over 40 instances of gaining or losing at least 20% in a single month since its IPO [21] Leadership and Vision - CEO Elon Musk's leadership is characterized by ambitious goals, including the development of autonomous vehicles and humanoid robots, which he believes could elevate Tesla's market cap to $25 trillion [8][9] - Musk's recent political involvement and controversial statements have impacted Tesla's reputation and stock performance [16][19] Market Challenges - Tesla faces increasing competition, particularly from lower-cost Chinese manufacturers, leading to sluggish EV sales and a decline in automotive revenue for two consecutive years [12] - The company's newest model, the Cybertruck, has not gained significant traction in the U.S. market, and sales in Europe have declined for five consecutive months [13] Stock Performance Trends - Tesla's stock saw its best month in May 2013 with an 81% increase, driven by the first quarterly profit and strong Model S sales [22] - The stock's worst month was December 2022, with a 37% decline due to production halts and Musk's stock sales to fund his Twitter acquisition [26] - In February 2025, the stock plummeted 28% following disappointing earnings and concerns over reduced vehicle registrations in Europe [28]
Unplugged Performance to Showcase Tesla Builds at Electrify Expo – North America's Largest EV Festival
GlobeNewswire News Room· 2025-06-20 21:27
Core Insights - Unplugged Performance, a leader in Tesla performance upgrades, will showcase its latest builds at Electrify Expo, a major electric vehicle event in North America [1] - The event is scheduled for June 21st and 22nd, attracting EV enthusiasts, media, and families to explore the future of electrification [1] Company Developments - Unplugged Performance will display four upgraded Tesla models, focusing on performance, durability, and everyday usability [2] - Featured models include: - Tesla Model 3 Performance "Red Rocket" Track Build, designed for both track and street performance [3] - Satin Red 2026 Tesla Model Y Off-Road/Street Build, tailored for adventure [3] - UP INVINCIBLE® Cybertruck Street Build, engineered for extreme versatility [3] - Quicksilver 2026 Tesla Model Y Off-Road/Street Build, optimized for urban driving [3] Product Features - The showcased builds include advanced features such as: - UP Race Pro Coilovers with Adaptive Canceller [5] - UP Carbon Fiber Front Aero Kit and Rear Dual Spoiler [5] - 18x10.9 UP-03 Forged Wheels and Yokohama ADVAN A052 Tires [5] - Off-Road Spec 18" UP-05 Forged Wheels and Yokohama GEOLANDAR Tires [5] - HD Front & Rear Bumpers and Carbon Fiber Hood with LED Light Bar [5]
Tesla Cybertruck Crash: Off-Duty Joliet Police Officer Pays Her $164 Traffic Ticket
Joliet, IL Patch· 2025-06-20 17:12
Core Point - An off-duty Joliet Police Officer, Kristen Ames, crashed a Tesla Cybertruck into townhomes, resulting in property damage and a $164 traffic ticket for failure to reduce speed [1][3][4] Incident Details - The crash occurred on May 31 at the corner of North Addleman Street and Tyler Drive, causing significant damage to a townhouse, including the destruction of a balcony and air conditioner [5][6] - Ames paid the traffic fine online and requested court supervision, leading to the cancellation of the scheduled court hearing [6][19] - The Cybertruck was owned by a suburban man who was not present during the incident, and a gun was found inside the vehicle [7][20] Police Response - The Joliet Police Department handled the incident internally without summoning an outside agency, issuing a single traffic ticket to Ames [4][18] - Five members of the Joliet Police Department responded to the crash, and the officer who issued the ticket was also a new recruit [16][19] - The department stated that no indicators of alcohol or drug influence were observed, thus no tests were administered [18][19] 911 Call Summary - Multiple 911 calls reported the crash, with witnesses describing the vehicle's erratic behavior and the damage to the townhouse [9][10] - One caller identified Ames as a Joliet police officer involved in the crash [12][14] Legal and Administrative Actions - The Joliet Police Department denied a Freedom of Information Act request for body camera footage, citing legal obligations [8][18] - There is no ongoing internal affairs investigation regarding Ames, and she remains on regular duty [19]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-16 22:35
Marketing & Promotion - A Gemini giveaway offers a chance to win a Tesla Cybertruck for free [1] - The giveaway has only 2 days remaining [1] - Signing up provides an extra $50 in crypto [1] Cryptocurrency - The giveaway involves cryptocurrency, with a $50 bonus for signing up [1]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-06-16 12:26
If you’ve ever wanted to own a Tesla Cybertruck 📐, this your last chance to get one FOR FREE from the @Gemini giveaway!Just 2 Days Remaining!!Sign up & get an extra $50 in crypto- https://t.co/ZzOMOl6PuQ https://t.co/VZhCUYHcxr ...
X @Elon Musk
Elon Musk· 2025-06-16 07:54
RT Teslaconomics (@Teslaconomics)The Tesla Cybertruck is a walking talking giant marketing machine. For every person that sees it, the more people get interested in Tesla, and eventually buy one bc it’s simply the best. Just watch what happens when the king of K-pop, G-Dragon, shows up in a Cybertruck in Korea. https://t.co/t0WyvLfpDb ...
Long-Term Prosperity: Investing in America's Economic Pillars
The Motley Fool· 2025-05-28 10:15
Group 1: Cheniere Energy and LNG Industry - The U.S. has become the largest liquefied natural gas (LNG) exporter, exporting 11.9 billion cubic feet per day (Bcf/d) in 2024, surpassing Qatar and Australia [2] - Cheniere Energy exported 2.33 trillion British thermal units (TBtu) in 2024, equating to 6.37 Bcf/d, and has a total production capacity of 45 million tonnes per annum (mtpa) across its terminals [3] - The current administration supports LNG growth, and Cheniere's CEO believes there is a strategic imperative to secure permits for future capacity expansion to over 90 mtpa [5] Group 2: GE Aerospace and Aerospace Industry - GE Aerospace is a market leader in commercial aerospace and defense engines, with its joint venture CFM International producing the LEAP engine, which powers the Boeing 737 MAX and is one of two options for the Airbus A320neo family [7] - GE's GE9X engine is the sole option for the Boeing 777X, and its GEnx engine dominates orders for the Boeing 787, indicating strong market presence [8] - The next generation of engines, RISE, is expected to achieve a 20% improvement in fuel efficiency over the LEAP, potentially ensuring GE's leadership in commercial aerospace engines for decades [9] Group 3: Tesla and Electric Vehicle Industry - Tesla's Model Y is the best-selling car globally and is set to improve sales with refreshed production lines in 2025 [10] - Upcoming catalysts for Tesla include the launch of its robotaxi in June 2025 and the mass production of the Cybercab in 2026, alongside lower-cost models [11] - Tesla has significantly reduced its cost of goods per vehicle, falling below $35,000 by the end of 2024, which enhances profit margins and competitiveness in the EV market [12][13] - CEO Elon Musk has positioned Tesla as a leader in the SUV market, and the company's advancements in EVs and robotaxis suggest a strong future in the industry [15]