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Tesla Cybertruck Hot Wheels models enter ‘production hell’ with delivery delays

Credit: Mattel Creations

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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.

(Credit: Mattel Creations)

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.

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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