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SpaceX Is Buying Up an Unfathomable Number of Cybertrucks 2025/12/20 18:30
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- URL: https://futurism.com/advanced-transport/spacex-buying-unfathomable-number-cybertrucks
- Posted: 2025/12/20 13:30 EST (date: 2025/12/20)
- Topics: SpaceX Cybertruck Tesla, Inc. Elon Musk
- Summary: «Now that EV tax incentives have gone up in smoke, Tesla is expected to disappoint once again with its Q4 sales. [..] Despite a pessimistic sales forecast, Tesla’s shares have skyrocketed and are up almost 50 percent over the last six months — showing yet again how the company’s $1.5 trillion market cap is largely untethered from the success of its core business. [..] But that hasn’t stopped Tesla CEO Elon Musk from seemingly putting his thumb on the scales. As an insider source told Electrek, the billionaire’s space company SpaceX has bought over 1,000 Cybertrucks from Tesla, a number that could rise to 2,000 over time. [..] In other words, one of Musk’s other companies has allegedly spent north of $100 million on Teslas that it’s hard to imagine it finding a use for — and in what looks an awful lot like an embarrassing ploy to save face for the EV maker.»
- source: Futurism
- author: Victor Tangermann (profile)