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Tesla Cybertruck bed frame crushes myth of pickup's alleged inability to do 'real work'
There is no doubt that over the years, pickup trucks — once built exclusively for heavy-duty work and utility — have pretty much become massive luxury vehicles that feature posh interiors and a smooth ride. Even the Ford F-150, America’s number one pickup, has spawned off variants like the Platinum and Limited trims that are more optimized for comfort than rugged, no-nonsense work.
This is one of the reasons why the Tesla Cybertruck attracted some dismissal and ire among pickup truck purists when it was unveiled. Tesla is known as a premium vehicle manufacturer, and its electric cars, while at times lacking the usual luxury finishes of their Audi and Mercedes-Benz counterparts, are still considered by some as “luxury” vehicles. Teslas are known and expected to be quick, tech-focused, and fun to drive. But as actual work vehicles? Not so much.
The Tesla Cybertruck is unlike any other pickup truck available in the market today. With an XY design that echoes the 80’s science fiction movies and a theme that is centered on the company’s mastery of in-vehicle tech, the Cybertruck is every bit a Tesla as its stablemates: the Model S, Model X, Model 3, and Model Y. Thus, despite the truck’s tough looks and impressive specs, the all-electric pickup truck received some criticism for allegedly being a vehicle that simply cannot be used for any “real work.”
This reaction was so notable that it did not take long before it became evident that the Cybertruck may end up having a “Cowboy Problem,” which refers to longtime pickup truck veterans possibly avoiding the vehicle due to its lack of utility and real-world use. But inasmuch as this may be the case, the fact remains that the Cybertruck is designed to have as much utility as the best pickups on the market. This means that Tesla designed the vehicle to be used for a variety of functions, from family trips to serious construction work.
A teaser for this was stealthily hinted at by Tesla during the pickup’s unveiling event, which was eventful on its own right with its meme-worthy moments. During a point in the Cybertruck’s presentation, Elon Musk quickly went over a slide that featured the vehicle with various attachments. One featured the Tesla ATV, another featured an overlanding kit that included a stove, and another featured a large trailer. Most interestingly, another image featured the Cybertruck in a construction site with what appeared to be a bed rack or a ladder rack.
Elon Musk has already stated that the Cybertruck will have several attachments that will make it into an ideal vehicle for a variety of purposes. The Tesla CEO, for one, mentioned that the Cybertruck would have a fold-out solar attachment that would allow the truck to recharge about 30 to 40 miles worth of range per day when parked outdoors. With this in mind, the addition of a custom ladder rack for the Cybertruck is definitely possible. A bed or ladder rack, after all, is an extremely valuable tool for the Cybertruck that would allow owners to transport large items to construction sites.
Transporting large items safely requires vehicle owners to make sure that their cargo is secured properly. When transporting items like ladders, some pickup drivers drive with their tailgate down and their cargo secured with bungee cords, ropes, or tie-downs. This is pretty risky, as the items may fall off during transit. Using a ladder rack reduces the chances of these events happening, while ensuring that cargo space is maximized. This will be incredibly valuable for Cybertruck operators, as the all-electric pickup is capable of carrying 3500 lbs. worth of payload.
What is rather interesting with the Cybertruck’s ladder rack is that it seems to follow the vehicle’s angular, XY theme. A look at Tesla’s teaser image of the Cybertruck’s bed or ladder rack shows a simple design, suggesting that the production of the item will probably not cost much. This could result in the Cybertruck’s ladder or bed rack being priced competitively versus other popular racks in the market. This would likely make the Cybertruck even more successful among contractors, as they would be able to maximize the massive vehicle’s generous storage and cargo capacity, while enjoying its low operating costs and its impressive specs.
H/T Earl Banning.
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Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
