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Arcimoto CEO Mark Frohnmayer talks MLM Cybertrike
Arcimoto CEO Mark Frohnmayer took the time to chat with me about the company’s new Mean Lean Machine (MLM) Cybertrike. Arcimoto is known for its Fun Utility Vehicle and you might remember that Tesla’s Chief Designer, Franz von Holzhausen once took one for a spin.
This is part one of our interview.
Mark initially introduced the new e-trike at the company’s Ramp It Up event back in February. The new MLM Cybertrike is actually Arcimoto’s fourth-generation prototype.
The new version of the MLM has major improvements in the suspension, the first packaging study of the company’s MicroFutureDrive and carbon fiber wheels.
Mark Frohnmaher on naming the MLM Cybertrike
“It’s a project of true passion for a brilliant team of engineers.”
He explained that this version is the true prototype for the mid-line edition of the Mean Lean Machine, which is what they are calling the Cybertrike Edition.
He also told me where the name, Cybertrike came from.
“One of the guys on the team who’s been a key on the design was really, really hot on that name. And then a bunch of the Tesla fans out there who follow us kept saying it. So, I was like, ‘alright, mid-line version’s the Cybertrike.’”
Features of the MLM Cybertrike.
Mark told me that this version has a near-production intent frame and if you compare the differences between versions three and four, this one “has substantially more carrying capacity.”
He further explained.
“A rack on the back, a rack mount on the back, a rack mount on the front, a rack mount on the steering stem. It has major refinements to the suspension.”
It also has carbon fiber wheels and lighter motors. Mark explained that all of these improvements will yield significant ride improvements.
The Heart Of Platform 2
“It also has our first packaging instance of the MicroFuture Drive which is the heart of Platform 2. When we talk about Platform 2 and MicroFuture Drive, that is a combined integrated battery–a large battery for an e-bike class vehicle.”
“We’re targeting 1.8kWh and then all of the electronics, the inverters, the phone-home, GPS, VCU–all of that in one box. As you know with the Mean Lean Machine, there’s no chain, there’s no belt. You don’t get grease on your leg. There’s one motor on each wheel and then you’re actually pedaling a motor–a generator. And that is your throttle.”
It also allows for recharging while it’s sitting stationary.
Arcimoto’s acquisition of Tilting Motor Works
Mark spoke of technology from Tilting Motor Works, which the company acquired last year.
“All of that together is leveraging the best in class in the world, we believe, tilting three-wheeled design technology that we’ve acquired with Tilting Motor Works last year. And then adding on just next-level EV tech to make for a truly, truly unique, and awesome ride.
“When you think about that, it is a three-wheeler that has a ride feel of a two-wheeled machine but with some significant advantages. Much better stability, much better traction. You’ve got independent control of each of the three wheels. Even if you lose traction on one wheel, the vehicle can adjust.”
Stay tuned for Part 2 of our interview.
If you have a tip, feel free to send them to johnna@teslarati.com
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
