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Tesla Cybertruck sightings increase as Giga Texas Cyber Rodeo nears
Update: The Tesla Cybertruck was spotted cruising through Gigafactory Texas, making rounds before Cyber Rodeo.
A new photo of the Tesla Cybertruck at Giga Texas has started circulating online just as the Cyber Rodeo looms closer. A recent video of Gigafactory Texas also hints that two Cybertrucks will be present during the event, along with the Roadster and Tesla Semi.
First up is one of the clearest photos of the updated Cybertruck prototype leading up to the Tesla Cyber Rodeo event. As previously noted by Teslarati, it has been quite some time since the general public had an up-close look at the Cybertruck. In January, a few leaked photos revealed some slight changes to the all-electric pickup, including refined side mirrors, a single windshield wiper, and the removal of physical door handles.
The recent picture of the Cybertruck reveals no physical door handles on the vehicle, hinting that it may be the same one in the pictures leaked earlier this year — or at least another alpha prototype. Once Tesla’s Cyber Rodeo kicks off, more details about the changes and improvements on the Cybertruck will likely be available.
During the last earnings call, Elon Musk mentioned that Tesla added some new technology to the Cybertruck. It would be interesting to see if Tesla or Musk will discuss some of the latest additions to the pickup truck during the Cyber Rodeo.
At the Q4 and Full Year 2021 earnings call, Musk also mentioned that Tesla was still figuring out the right price point for the Cybertruck, given the new technology that was introduced to it recently. Currently, Tesla accepts preorders for the Cybertruck with a fully refundable $100 deposit.
Customers won’t get to complete their configuration until production nears, hinting at some notable changes in the Cybertruck’s variants and possibly its price. Tesla removed references to the truck’s variants and their respective prices on the configuration page as well.
In a drone video by Joe Tegtmeyer, a few cars were seen wrapped at Giga Texas, including what appeared to be two Cybertrucks. The unique shape of the Cybertruck gave them away, despite them being wrapped.
It has been a minute since the public has seen one Cybertruck, and seeing two at the same location is quite intriguing. Some have speculated that one Cybertruck looked bigger than the other, although it could just be the angle of the photo. However, Elon Musk has talked about developing a smaller Cybertruck in the past. A photo of Joe Rogan standing next to a Cybertruck also hinted that it was smaller than the one people rode during the vehicle’s 2019 debut.
Tesla Cyber Rodeo will likely answer some questions about the updates to the Cybertruck. While the focus will still be on Giga Texas and its grand opening, Tesla may surprise guests with interesting tidbits about its vehicle lineup. After all, Cyber Rodeo marks the beginning of another chapter in Tesla’s journey, as the company officially welcomes guests to its new headquarters.
Watch the video below for the latest on Tesla Giga Texas!
The Teslarati team would appreciate hearing from you. If you have any tips, reach out to me at maria@teslarati.com or via Twitter @Writer_01001101.
Elon Musk
SpaceX issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.
SpaceX issues statement on Starship V3 Booster 18 anomaly
Tesla analyst maintains $500 PT, says FSD drives better than humans now
