The Tesla Cybertruck is here. It took four years since the vehicle’s initial unveiling, but here we are. The first batch of owners are receiving their Tesla Cybertrucks today, and the world’s roads will never be the same.
It took a lot to get to this point. When the Cybertruck was initially unveiled, Giga Texas has not even started its construction yet. The Cybertruck seemed like a pipe dream then, especially since the vehicle was designed so differently that critics were all but sure that the all-electric pickup truck would never be produced.
Tomorrow… pic.twitter.com/TFQY4xczEo— Tesla (@Tesla) November 30, 2023
But Tesla is Tesla, and it is a company that makes the impossible feel late. And so, one global pandemic and one new Gigafactory later, the Cybertruck is finally ready to be delivered to its first batch of customers.
Considering how important this day is, we at Teslarati will not miss the chance to cover it with a Live Blog. We’ll be updating this article over the course of the event, so please refresh the page for our latest updates.
14:48 CT – Looks like that’s a wrap. Tesla delivered quite a number of Cybertrucks to consumers during this event. I gotta admit, while the event is short, it is quite enjoyable. Thank you so much for staying with us for this live blog. Until the next time!
Here’s the full livestream of the Tesla Cybertruck delivery event on X.
Cybertruck Delivery Event https://t.co/rWd111HvHc— Tesla (@Tesla) November 29, 2023
14:42 CT – And with that, the vehicle’s first deliveries have begun. Musk comments that actual customers of the vehicle are receiving the vehicle. Musk could be heard chatting briefly with the new Cybertruck owners before they drove away in their new vehicle.
14:42 CT – Musk’s discussion now moves to the vehicle’s performance. He discusses the Cybertruck’s steer-by-wire system, which gives the Cybertruck great agility. Musk noted that the Cybertruck has a turning radius that’s smaller than a Model S.
Tesla now shows the Cybertruck racing against a Porsche 911 that’s fresh from the dealer. The pickup truck beat the 911 — while towing another Porsche 911. The Cybertruck’s 0-60 mph time of 2.6 seconds. Musk noted that the Cybertruck is “faster than a 911 while towing a 911.”
Feat of Strength 3: Cyberbeast (0-60 in 2.6s) pic.twitter.com/q0cK9zb21D— Tesla (@Tesla) November 30, 2023
14:37 CT – The Tesla CEO’s discussion on the Cybertruck now moves to the vehicle’s utility. As noted by Musk, the Cybertruck features 2,500 payload capacity, an 11,000-pound towing capacity. The bed is also 6 feet long and 4 feet wide.
Tesla now demonstrates how the Cybertruck stacks up against other pickup trucks in a pulling demo. The vehicle beat the Ford F-150 Lightning, Rivian R1T, and the Ford F-350 in the event.
Feat of Strength 2: Truck pull pic.twitter.com/senCV4YhTe— Tesla (@Tesla) November 30, 2023
“You have a truck that’s bullet tough, and can out-pull an F-350… It’s not just a grandstanding showpiece like me. It’s actually very useful,” Musk said.
14:31 CT – Elon shows off some of the Cybertruck’s crash tests. As noted by the CEO, the Cybertruck does not roll over. Tesla also shows off how the Cybertrucks’ body panels survived being shot at by a gun.
Feat of Strength 1: Shots fired pic.twitter.com/aPfpQuMXvc— Tesla (@Tesla) November 30, 2023
14:28 CT – Elon Musk opens the Cybertruck’s discussion with the vehicle’s toughness. He notes that Tesla had to develop the stainless steel used for the Cybertruck. “It has more torsional stiffness than a McLaren P1,” Musk said. “It’s a big deal.”
He also joked that four years ago, Tesla tried a demo that didn’t really go as planned. Franz steps up and throws a ball at the Cybertruck’s window. And it didn’t break this time. “The glass is tough, is basically what we’re saying,” Musk joked.
14:28 CT – Elon notes that experts said that the Cybertruck was impossible, that it would never be made. “I think it’s our best product. Finally, the future will look like the future,” Musk said.
Built for any planet pic.twitter.com/NHBlMiPg3W— Tesla (@Tesla) November 30, 2023
Kimbal also told Elon to keep himself on the light. The audience laughs.
14:26 CT – And the event is starting! Elon Musk is holding the event from the bed of the Cybertruck. The lighting could be better. Little X was a little overwhelmed, too, it seems.
14:24 CT – Alright, something is definitely happening. A promotional video for the production Cybertruck! It’s pretty epic. The video shows the all-electric pickup truck driving and ripping through every terrain imaginable. Nuts.
Also, how do you show that the Cybertruck can do “real” work? Show it being used by workers at a literal rocket factory!
The future should look like the future pic.twitter.com/jmuDOVYrYA— Tesla (@Tesla) November 30, 2023
14:23 CT – Okay, I jumped the gun there. We’re up to 23 minutes and Elon hasn’t appeared yet. Really pushing the excitement for this event, Tesla.
14:18 CT – Looks like it’s about to start. The livestream is still the same, though.
Cybertruck launch event. Let’s go!!!! pic.twitter.com/238adTxHN4— Tesla Owners Silicon Valley (@teslaownersSV) November 30, 2023
14:12 CT – Elon Musk is now 12 minutes late. Elon time it is! That said, the graphics of the Cybertruck’s 4680 cells looks pretty darn sick.
14:05 CT – Looks like we’re really just waiting for other Tesla executives to make their entrance. Meanwhile, the livestream is serenading us with some futuristic music.
14:05 CT – Footage posted on X shows that Tesla board member Kimbal Musk is now interacting with some of the event’s attendees. He looks hyped.
The Cowboy is in the house @kimbal pic.twitter.com/shHX6dVPOX— Tesla Owners Silicon Valley (@teslaownersSV) November 30, 2023
14:02 CT – Images from attendees show that the livestream has also started in Giga Texas. We’re all now waiting for Tesla executives to start the event.
14:00 CT – The livestream has started. We see a graphic of the Tesla Cybertruck’s interior and its parts floating. This totally gives sci-fi vibes, so it’s pretty nutty that this actual product will be delivered to customers later today.
13:59 CT – And we’re down to one minute before the event!
13:55 CT – Less than five minutes before the Cybertruck’s first delivery event starts its broadcast. Ah, this is very exciting. More exciting than the quarterly earnings calls, for sure.
13:50 CT – And we’re live! The countdown timer on Tesla’s official Cybertruck page is now down to its last 10 minutes. Will it start on time or is it Elon time again? We’ll find out soon.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads-up.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
