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Elon Musk says Tesla Cybertruck launch will be ‘biggest on Earth this year’
Tesla CEO Elon Musk has predicted that the Tesla Cybertruck launch will be bigger than any other product launch in the world this year, ahead of the delivery event set to take place on Thursday.
Musk appeared for an almost-90-minute interview with reporter Andrew Ross Sorkin for the New York Times 2023 Dealbook Summit on Wednesday, during which the two talked about subjects ranging from Tesla and SpaceX to artificial intelligence (AI), the ongoing Israel-Hamas conflict, free speech and more.
During the conversation, Musk predicted that the Thursday Cybertruck launch would be “by far” this year’s largest product launch, adding that he’s done “more than any human on Earth” for the environment by selling electric vehicles (EVs).
“[The Cybertruck event] will be the biggest product launch of anything by far on Earth this year,” Musk said during the summit. “Whether you hate me, like me or are indifferent, do you want the best car or not the best car?”
Tesla Cybertruck official webpage updated with delivery event countdown
Musk and Sorkin also discussed several other topics surrounding Tesla, including the company’s Full Self-Driving (FSD) beta. When pressed on how his companies were handling the competition, Musk noted that his companies aren’t intended to be competitive, highlighting how Tesla has even open-sourced its patents so other companies can use them.
Near the end of the conversation, Sorkin also asked Musk about the safety of autonomous vehicles, and when computer-driven vehicles would be “politically palatable” for the public.
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“First of all, humans are terrible drivers,” Musk said. “So they will text and drive, drink and drive, they get into arguments. They, you know. They do all sorts of things in cars that they should not do.”
“So it’s actually remarkable that there are not more deaths than there are,” Musk added.
“What we’ll find with computer driving is, I think, probably an order of magnitude reduction in deaths. The U.S. has actually far fewer deaths per capita than the rest of the world. If you go worldwide, I think there’s something close to a million deaths per year due to automotive accidents. So I think computer driving will probably drop that by 90 percent or more? It won’t be perfect, but it’ll be 10 times better.”
“The self driving thing is something I’ve been optimistic about,” Musk added. “We’ve certainly made a lot of progress. If anybody has tried the has been using the sort of full self driving beta, the progresses you know, every year has been substantial. It’s really not the point where in most places, it’ll take you from one place to another with no interventions.”
“And the data is unequivocal that that supervised, Full Self-Driving is somewhere around four times safer. Maybe more than than just be human driving by by themselves. So I can certainly see it coming.”
Other topics surrounding Tesla included Musk’s prediction that the Model Y will become the world’s best-selling car this year, how much the CEO appreciates Chinese automakers, regulations on his companies and more. When asked if he thought full autonomy was another five or ten years away, Musk said “definitely not.”
Musk also disccused the recent decision from the UAW to launch union campaigns at Tesla and other automakers, saying that “if Tesla gets unionized, it will be because we deserve it and we failed in some way.”
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You can watch Musk’s full interview at the New York Times Dealbook Summit below, featuring discussions on Tesla, the Chinese auto market, the U.S. political climate and much, much more.
Watch the live interview of Elon Musk from the DealBook Summit in New York. @andrewrsorkin will ask about Musk’s latest trip to Israel and the future of the tech billionaire's business empire. https://t.co/Oz2xeBlU65
— DealBook (@dealbook) November 29, 2023
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.
Elon Musk told The Economist that artificial intelligence will likely surpass the combined intelligence of every human on Earth within about five years, and that humans may not remain in charge once that happens. In a wide-ranging interview with editor-in-chief Zanny Minton Beddoes, recorded at Giga Texas for the outlet’s Insider series, Musk compared the widening gap between AI and human intelligence to the gap between humans and chimpanzees.
“It’s hard to imagine that the chimpanzee would be in charge,” he said, addressing what happens to human authority once AI moves far beyond us.
Elon Musk reiterates his most optimistic prediction yet with “UHI” forecast
Musk’s timeline stretches out from there. Five years for AI to out-think humanity combined, ten years before humans lose meaningful control, and by 2036, he says, money itself may stop mattering.
Musk notes that if robots and AI produce more goods and services than people could ever consume, currency loses its purpose. He told Beddoes that governments could respond with direct payments, what he called “universal high income,” a term he first used in an X post last August describing a future where “everyone will have the best medical care, food, home, transport and everything else.”
There will be universal high income (not merely basic income).
Everyone will have the best medical care, food, home, transport and everything else.
Sustainable abundance.
-— Elon Musk (@elonmusk) August 24, 2025
He also floated a more surprising prediction that deflation, and not inflation, would become the bigger economic problem, since expanding the supply of goods and services faster than the money supply grows would push prices down rather than up.
None of this is new territory for Musk, who has spent years describing an “age of abundance” built on Optimus and autonomous vehicles. What’s notable is the timing. The interview landed the same week Tesla shares dropped roughly 19 percent following a second quarter earnings report that beat on revenue but missed badly on profit, and as SpaceX stock continues to slide from its post-IPO peak.
Musk’s own net worth has fallen close to $700 billion since mid-June, according to the Bloomberg Billionaires Index, even as he describes a future where personal wealth stops being the point.
Musk did not dodge the risk side of the equation either. He put the odds of AI contributing to human extinction somewhere in the 10 to 20 percent range, then arrived at what he called his “philosophical conclusion” since the technology cannot realistically be stopped and the arguably better response is to keep building it and hope the outcome leans toward abundance rather than catastrophe. “I’ve gone from exhilaration to terror regarding AI,” he told Beddoes, “even intraday.”
Tesla is adding a new “Traction Control Modes” feature to its cars for better handling in any conditions. These features will roll out to the Model 3 and Model Y, the two vehicles in Tesla’s lineup that typically do not have drive modes for various conditions.
Tesla did include this in the Model S and Model X, as well as the Cybertruck.
The new feature will roll out with the 2026 Summer Update, which Tesla announced last week and subsequently started rolling out to some owners today. The Summer Update is the latest iteration of the usual four seasonal releases the company rolls out throughout the year. These releases typically feature some owner-requested features, as well as improvements to things like the Full Self-Driving suite.
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
This release is no different. Among the changes are improvements to Navigation, new customization options with wraps and how they can be shared and stored, more functionality with the Tesla smartphone app, and new gamification with self-driving.
However, Tesla announced today that it was adding another feature to the Summer Update. Traction Control Modes will now be available with the release
Tesla describes them:
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“Choose from three updated Traction Control Modes: Auto for normal driving conditions, Slippery Surface for icy or wet roads, Stuck Assist when stuck in snow, mud, or sand. The mode resets to Auto at the start of each drive. To select, go to Controls > Dynamics > Traction Control Mode.”
Tesla’s 2026 Summer Update also includes new Traction Control Modes
📸: @PatchesHQ https://t.co/N9cD2lGP14 pic.twitter.com/ogLC5ROIgc
— TESLARATI (@Teslarati) July 26, 2026
The use of these modes will help improve a Tesla’s overall performance in less-than-ideal conditions. Typically, these traction control modes monitor wheel speed through sensors and track engine power to adjust responsiveness in various conditions.
These drive modes are not an ultimate solution to all driving conditions; just because there is a “Stuck Assist,” doesn’t mean your Tesla will dig itself out of a foot-and-a-half trench during a blizzard. It is important to remember that some of these scenarios also require some assistance from the driver. For example, driving in sand requires tires to be aired down significantly to increase traction and control.
However, this will be a welcome addition for those who use the Full Self-Driving suite and might not be convinced of its performance in adverse conditions. Some of us prefer to be in control in rain, snow, or ice, which is totally understandable. However, adjusting the Traction Control Mode while utilizing FSD in snow, rain, or ice could increase confidence and overall experience.
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Tesla’s Summer Update is already rolling out to some owners, so it should be making its way to most of the fleet over the next several weeks. The Spring Update rolled out at a very conservative pace, so if you don’t have it by the end of August, don’t be too upset. It might just be Tesla’s method.
Just hours after Starship Flight 13 achieved a successful soft splashdown of its upper stage in the Indian Ocean on July 24, Elon Musk announced an ambitious next step for the company’s next launch of the rocket.
“Unless we discover problems after mission data review, SpaceX will attempt to catch the ship with the tower on [the] next flight,” the SpaceX CEO posted on X on Friday.
That “next flight” is expected to be Flight 14. The plan involves returning the Starship upper stage, commonly called the “ship,” to the Starbase launch tower in Texas and catching it mid-air using the same mechanical “chopsticks” arms that have already proven themselves with the Super Heavy booster.
Unless we discover problems after mission data review, SpaceX will attempt to catch the ship with the tower on next flight
— Elon Musk (@elonmusk) July 25, 2026
A successful catch would mark the first time an orbital-class upper stage has been recovered this way, advancing SpaceX’s goal of full and rapid reusability for the entire vehicle.
SpaceX has already demonstrated the tower-catch technique multiple times with Super Heavy. The first successful catch came on Flight 5 in October 2024, when Booster 12 was plucked from the sky by the Mechazilla arms. Subsequent flights, including those involving Boosters 14 and 15, repeated the feat. Several of those recovered boosters were later inspected, refurbished, and flown again, proving the system’s viability for quick turnaround.
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Traditional reusable rockets, such as SpaceX’s own Falcon 9 or Blue Origin’s New Shepard, land on legs either on land or droneships. Rocket Lab has recovered its small Electron first stages by helicopter, but those are far lighter vehicles.
SpaceX Starship just nailed something it’s never done before
The China Academy of Launch Vehicle Technology (CALT), a subsidiary of the China Aerospace Science and Technology Corp. (CASC), completed a catch of its booster on July 10. They are the only entity besides SpaceX to attempt and complete the feat.
Flight 13 provided encouraging data. The ship executed a controlled reentry, flipped, and soft-landed intact in the ocean after deploying Starlink satellites, offering the first clear post-splashdown views of an undamaged heat shield. The Super Heavy booster, meanwhile, experienced a harder splashdown in the Gulf of Mexico.
Musk has previously stressed that ship catches would only follow multiple successful soft ocean landings to minimize risk of debris over land.
If Flight 14 succeeds, SpaceX would take a major stride toward routine, rapid reuse of both stages—critical for lowering launch costs and supporting ambitious plans for lunar and Mars missions. For now, teams are reviewing the Flight 13 data. Should everything check out, the next Starship flight could deliver one of the most spectacular recoveries in aerospace history.
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Elon Musk explains what happens when AI outsmarts all of us
Tesla adds new ‘Traction Control Modes’ for better handling in any conditions
