The Tesla Cybertruck’s unique design is unlike any other vehicle on the market, and CEO Elon Musk says there is a chance the all-electric pickup could ultimately flop, but he doesn’t care.
After an Op-Ed was posted on TheTruthAboutCars.com that highlighted the possibility of the Cybertruck being Tesla’s first “flop” vehicle, meaning it won’t sell in incredibly high numbers, Musk stated that there is definitely a possibility that the truck could underperform.
“To be frank, there is always some chance that Cybertruck will flop because it is so unlike anything else,” Musk tweeted. “I don’t care. I love it so much even if others don’t.”
Musk then went on to highlight the vehicle’s unique design. “Other trucks look like copies of the same thing, but Cybertruck looks like it was made by aliens from the future,” he added.”
When Tesla designed the all-electric Cybertruck and unveiled it to the public in November 2019, one of the first portions of the presentation was an image that showed the currently available trucks that consumers can purchase. When the manufacturer’s badge is removed from the vehicle, it is tough to tell the difference between the designs, and this is exactly what Tesla was trying to avoid.
Credit: Tesla
Tesla has been a revolutionary company in the grand scheme of the automotive sector as a whole. Without the developments of Tesla’s highly talented team of engineers through the years, the EV industry would undoubtedly not be where it is today.
To be frank, there is always some chance that Cybertruck will flop, because it is so unlike anything else.
I don’t care. I love it so much even if others don’t.
Other trucks look like copies of the same thing, but Cybertruck looks like it was made by aliens from the future.
— Elon Musk (@elonmusk) July 15, 2021
The Cybertruck has mixed reviews depending on who you ask. Some are likely to tell you that the new design is a cool and unique idea that will undoubtedly turn heads when it hits the road. Others will say that it’s ugly, too futuristic, or any other harsh criticism that comes with being “different.”
In reality, the Cybertruck has amassed an impressive 1,000,000+ pre-orders since the November 2019 event. Whether those reservations will remain when the vehicle begins production later this year at Giga Texas remains to be seen. However, there is no doubt the Cybertruck has catalyzed some interest from millions upon millions of people.
Musk also added that the Cybertruck will be free of door handles and will instead use an identification system, likely powered by the rumored Samsung cameras that will be attached to the car. The doors will automatically open.
Additionally, Musk said that the production design of the Cybertruck is “almost exactly same as show car.” Just some small tweaks here & there to make it slightly better.” Musk said in an interview with Joe Rogan that Tesla did modify the truck’s dimensions by less than 3% to make it slightly less bulky, but there were not any significant redesigns made to the Cybertruck.
The truck is expected to be produced by Tesla at Giga Texas by the end of the year. Musk has said that volume production will likely begin in early 2022.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
