Tesla performed its in-house crash testing of the Cybertruck, and because it was in compliance with Federal Motor Vehicle Safety Standards, the car can be delivered to customers. However, it does not have official safety ratings from the National Highway Transportation Safety Administration (NHTSA), and the Insurance Institute of Highway Safety (IIHS) has no plans to test the vehicle.
There’s an explanation for all of it, however.
The Cybertruck’s Situation with the NHTSA
The NHTSA does not “approve” new vehicles, but it establishes performance requirements that comply with FMVSS. Manufacturers certify compliance with these standards when they crash test internally. Some vehicles are crash-tested directly by the NHTSA, but the Cybertruck is not one of these vehicles. At least not yet.
According to a 2020 report from Consumer Reports, “97 percent of all new vehicles sold are crash-test rated by one or both of the independent organizations.”
However, as the Cybertruck’s preliminary safety ratings have been added to the NHTSA database, they do not include any specific ratings in terms of crash ratings. The only ratings are safety features, such as Front Collision Warning, Lane Departure Warning, Crash Imminent Braking, and Dynamic Brake Support, which all meet performance criteria.
The Cybertruck is not mentioned on the 2024 list of vehicles to be included in the agency’s five-star safety ratings tests.
This means the Cybertruck will not have official ratings from the NHTSA until the truck is tested by them directly, per the agency, which clarified its plans to Teslarati on Monday.
The Cybertruck’s Situation with the IIHS
The IIHS also has no plans to test the Cybertruck, the organization told us.
“Automakers do perform their own crash tests to ensure compliance with federal regulations and for internal purposes,” Joe Young of the IIHS said. “Regardless of whether the [Cybertruck] is ever tested by IIHS or for NHTSA’s NCAP program, it will still need to meet federal motor vehicle safety standards, which require certain crash test standards.”
The Cybertruck has done this, and the recommendation from the NHTSA and IIHS is more or less another nod of confidence for any vehicle that is tested. Tesla has received five-star ratings for its vehicles from the NHTSA in the past.
Young also said the Cybertruck could be tested by the IIHS in the future. However, that decision will be made after it can assess “the level of general consumer interest in the vehicle.” If it is popular enough, the IIHS may test it.
Tesla ‘highly confident’ Cybertruck is safer than other trucks: Elon Musk
Additionally, Tesla could reach out to the IIHS and nominate the Cybertruck for testing:
“The testing nomination process allows automakers to essentially reimburse us for the cost of the vehicle(s) to get it tested more quickly than we might otherwise do so. Either scenario would require vehicle availability, however,” Young said.
The IIHS also has a verification test program, which allows automakers to submit in-house data and results of crash testing. Due to limited funding and time, the IIHS cannot independently test every consumer vehicle on the market, so it can use OEM data to do so. The program is regularly audited to ensure accuracy.
However, the Cybertruck is not currently able to be a part of the verification test program. Young explained, “As a new model, the Cybertruck wouldn’t be eligible for this program in our driver-side small overlap test, and we don’t accept verification data for our updated moderate overlap frontal crash test program. It’s possible it could be eligible for a verification rating in one or more of our other tests, but that would be at the discretion of our crashworthiness team.”
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Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
