News
Tesla Cybertruck poised to make first public appearance at Petersen Auto Museum
The Tesla Cybertruck will make its first public appearance at the legendary Petersen Automotive Museum in Los Angeles from Saturday, June 20, until Friday, June 26. This marks the first time since the pickup’s unveiling event in November that the official Tesla truck will be on display, allowing both Tesla supporters and skeptics to see the vehicle firsthand.
The Cybertruck is Tesla’s first attempt at an electric pickup truck, and it has caught the automotive world’s attention by storm. The design of the machine indicates a change in the tune of the “traditional” pickup truck look, which is usually comprised of a rectangularly-shaped cab and a bed. One of Tesla CEO Elon Musk’s main points during the Cybertruck’s unveiling event was the fact that all of the available pickup trucks on the market today are based around the same premise and design.
“Trucks have been the same for a very long time,” Musk said. “For like, 100 years, trucks have been basically the same, and we wanted to try something different.” When a photo of Chevy, Ford, and Dodge pickup trucks side by side sat behind the Tesla CEO, he indicated that it was tough to decipher which vehicle was which, because all of the designs were so similar. The Cybertruck was like none of its competitors, particularly in terms of design.
CYBERTRUCK IS ON DISPLAY at the Petersen museum starting Saturday!!! pic.twitter.com/iDYGiLeQTj
— Zack (@BLKMDL3) June 18, 2020
After the Cybertruck’s unveiling event, Tesla’s proposed design was met with support and criticism. While many loyal Tesla and Musk supporters welcomed the idea of the truck’s futuristic and cyberpunk-inspired design, others were not enthused with veering away from a more mainstream and “normal” truck design.
Regardless of the criticisms, the Cybertruck has made its impact on automotive culture. The truck’s undisputed and undeniable popularity throughout the world has captured the attention of everyone who has heard of it.
Recently, the Cybertruck appeared on an episode of Jay Leno’s Garage, where the former late-night TV show host had the exclusive privilege to drive the new, all-electric pickup through Los Angeles. Despite the $52 million in vehicles Leno owns, it was clear the Cybertruck meant something special because there is simply no vehicle like it.
Leno, a Tesla fan and owner of a Model S and an original Tesla Roadster, also had the unique opportunity to take the truck through the Boring Company Tunnel in Hawthorne.
Skepticism for the Cybertruck still exists, but perhaps the vehicle’s appearance at one of the largest automotive museums in the world will win some people over. The fact that people will get to see the sheer size and presence of the all-electric powerhouse could entice some to pull the trigger on their own Cybertruck orders.
The Cybertruck continues to be subjected to the intense scrutiny of Musk, who seems to have a new idea for the pickup quite often. Most recently, Musk teased a remote taser system for the Cybertruck, which would provide intruders with a quick zap.
Tickets for the event are available at Petersen.org and must be purchased in advance for entry.
News
Tesla enters interesting situation with Full Self-Driving in California
Tesla has entered an interesting situation with its Full Self-Driving suite in California, as the State’s Department of Motor Vehicles had adopted an order for a suspension of the company’s sales license, but it immediately put it on hold.
The company has been granted a reprieve as the DMV is giving Tesla an opportunity to “remedy the situation.” After the suspension was recommended for 30 days as a penalty, the DMV said it would give Tesla 90 days to allow the company to come into compliance.
The DMV is accusing Tesla of misleading consumers by using words like Autopilot and Full Self-Driving on its advanced driver assistance (ADAS) features.
The State’s DMV Director, Steve Gordon, said that he hoped “Tesla will find a way to get these misleading statements corrected.” However, Tesla responded to the story on Tuesday, stating that this was a “consumer protection” order for the company using the term Autopilot.
It said “not one single customer came forward to say there’s a problem.” It added that “sales in California will continue uninterrupted.”
This was a “consumer protection” order about the use of the term “Autopilot” in a case where not one single customer came forward to say there’s a problem.
Sales in California will continue uninterrupted.
— Tesla North America (@tesla_na) December 17, 2025
Tesla has used the terms Autopilot and Full Self-Driving for years, but has added the term “(Supervised)” to the end of the FSD suite, hoping to remedy some of the potential issues that regulators in various areas might have with the labeling of the program.
It might not be too long before Tesla stops catching flak for using the Full Self-Driving name to describe its platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
The Robotaxi suite has continued to improve, and this week, vehicles were spotted in Austin without any occupants. CEO Elon Musk would later confirm that Tesla had started testing driverless rides in Austin, hoping to launch rides without any supervision by the end of the year.
Investor's Corner
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.