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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.
“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.”
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.
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Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.