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Tesla Cybertruck Hot Wheels models enter ‘production hell’ with delivery delays
While construction on Tesla’s Cybertruck factory, Giga Texas, seems to be moving on schedule, Hot Wheels appears to be experiencing some form of “production hell” of its own with the 1:10 and 1:64 scale versions of the all-electric pickup truck. Recent emails to preorder holders of the Tesla Cybertruck Hot Wheels edition revealed that their orders would be delayed to May 2021
Both the 1:10 and 1:64 Hot Wheels Cybertruck models are sold out and were initially listed with an expected ship date of December 2020. The five-month delay may remind early Model 3 owners of Tesla’s production hell in 2018. At the time, Tesla Model 3 reservation holders also had to exercise some patience as the company struggled to ramp the mass production of its all-electric sedan.
Redditor u/melancholicricebowl, who is also a Model 3 owner, shared an email about his limited edition 1:10 scale Hot Wheels R/C Cybertruck reservation. It stated that his order would be delayed and asked him to re-confirm the order. A similar email for the same Reddit user’s 1:64 scale Hot Wheels R/C Cybertruck order was sent later.
Official confirmation that Hot Wheels 1:10 Cybertruck has been delayed to May 2021 from r/teslamotors
The email concerning the Redditor’s 1:10 Hot Wheels Cybertruck stated there were production issues with the hobby grade-radio-controlled Cybertruck due to the COVID-19 pandemic. Mattel Creations also decided to change the product’s battery specifications.
“Battery spec update: Due to production challenges related to COVID-19, we wanted to share a change in the Cybertruck’s battery specifications. The new battery is a 9.6v @ 3Ah LiFePO4 model, with one hour of charge time and 30 minutes of run time. Don’t worry, this change shouldn’t affect its overall performance – it just means that it can reach up to 250mph scale speed!” the email stated.
The battery update may be a bold move for Mattel Creations, but one that might be appreciated by Tesla fans. Hot Wheels’ mini Cybertruck iteration will be equipped with a Lithium Iron Phosphate battery, similar to the China-Made Model 3 Standard Range Plus produced in Shanghai.
It seems like Mattel Creations will be giving Hot Wheels Cybertruck preorder holders an authentic Tesla experience, matching the EV company’s constant desire to improve the performance of their vehicles.
The email about the 1:10 scale Hot Wheels Cybertruck also included a link to its carrying case. The Reddit user who shared the information commented on the delay, stating: “A bit disappointing that we didn’t get an update until now.”
To re-confirm a Hot Wheels Cybertruck order with Mattel, Redditor u/duckduckohno advises reservation holders to include their order number, order details, ship date, name, addressed, and confirmation number in their response.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
