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
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
News
Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
News
Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
