News
Tesla owner reports almost $65/day fuel savings after using Cybertruck to tow construction trailer
A Tesla owner and contractor in Missouri recently shared an observation on social media that stunned several members of the electric vehicle community. As per the Tesla owner, he is currently saving almost $65 per day on fuel costs just by using his Cybertruck to tow his construction trailer.
Dan Burke, who operates White Wolf Construction & Home Inspection, shared his experience in a post on social media platform X. As per the Tesla owner, the Cybertruck has become his around-town tow vehicle for his construction trailer. Even if the Cybertruck’s range is reduced by the trailer, the vehicle’s range is still enough for his day-to-day needs. Overall, the Tesla owner noted that the Cybertruck saves him almost $65 per day in fuel savings alone.
Cybertruck doing the work . It’s replaced my Ram as the around town tow vehicle for the construction trailer. Even with reduced range, most of my trips are 15-20 miles each way a few times a day. Saves me almost $65 a day in fuel!! pic.twitter.com/cv9aVWxu9q— Dan Burke (@DeBergo) August 13, 2024
The Tesla owner’s post unsurprisingly caught a lot of attention on social media, with skeptics doubting the Cybertruck owner’s claims. As per Burke, however, his daily fuel savings are so high because his previous around-town tow vehicle, a Dodge Ram, had a number of performance mods and a dedicated towing tune, resulting in the pickup truck requiring premium fuel and getting only 9 mpg. Thus, on a typical day, Burke noted that he would spend about $70 on fuel for his Dodge Ram.
Love seeing how people are using their Cybertruck to save money. As a bonus it's also fun to drive when not being used for work https://t.co/mixUqc8Iix— Wes (@wmorrill3) August 14, 2024
With the Cybertruck, the Tesla owner noted that his fueling costs are significantly lower. Burke noted that he charges his Cybertruck at home, where off-peak power rates are at 4.5 cents per kWh. This results in daily fuel savings of about $65, or about $325 per week on a five-week workday. Estimated savings on a regular 20-day month would be about $1,300, and since a common year is comprised of 260 work days, the Tesla owner’s annual fuel savings could reach up to $16,900.
$65 a DAY in fuel savings….
That’s dudes cybertruck payment, paid for…. In FUEL SAVINGS.
EV trucks are a no brainer for 95% of the truck population. https://t.co/bALSTK8iCG— Greggertruck (@greggertruck) August 13, 2024
“That’s how much gas I put in my Ram almost every day when I pull this trailer. It weighs 6300-ish pounds on a normal day, and the Ram gets right at 9 mpg pulling it. The Ram has a bunch of performance mods, which is great for power but sucks down fuel. Premium fuel no less because of the towing tune I run on it. The Cybertruck is averaging 675 wh/mi on the same drive if I stay off the highway. On the highway, it’s around 824-875 depending on wind. So on a typical day, 160 miles /9mpg x 3.95 = $70. If I charge at my house, off-peak it’s 4.5 cents a kWh. 100 kWh back to the battery at 4.5 cents and that’s about $65 a day in savings,” Burke explained in a post on X.
Buying a cybertruck for a work truck is a no brained. You save on fuel, maintenance and it’s fast and fun to drive on top of that.— Dan Burke (@DeBergo) August 14, 2024
Granted, one could argue that Burke is a special case since his business needs fit perfectly with the Cybertruck’s current capabilities, but one could also argue that there are a lot of business owners that could see comparable benefits today just by using Tesla’s all-electric pickup truck. There are a lot of enterprises, after all, whose operations are centered on short to medium distance towing. For these, the Cybertruck seems like a very valid viable choice today, even if Tesla is still exclusively producing Foundation Series variants for customers.
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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.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
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.