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Watching Tesla Cybertruck’s ‘vault’ bed cover in action is hypnotizing
The Tesla Cybertruck’s design is so bold and unapologetically sci-fi that a lot of its clever features ended up being swept under the rug following the vehicle’s unveiling. Yet beyond its origami-style design and its Syd Mead-inspired looks, the Cybertruck is chock-full of innovative features. Take its Vault’s motorized tonneau bed cover, for example, which is downright hypnotizing to watch.
It’s pretty amusing to note that following the Cybertruck’s unveiling, critics of the vehicle online argued that the truck was not a real truck at all since it does not have a bed. This is a false assumption of course, since the Cybertruck actually has a 6.5-foot-long bed. It just so happened to be covered by a motorized tonneau cover that, according to the electric car maker, is sturdy enough to stand on. Tesla describes the feature in the vehicle’s page on its official website.
“With up to 3,500 pounds of payload capacity and adjustable air suspension, Cybertruck is the most powerful tool we have ever built, engineered with 100 cubic feet of exterior, lockable storage — including a magic tonneau cover that is strong enough to stand on,” Tesla wrote.
Fortunately, Tesla community member M@ttLond.re was able to capture footage of the Cybertruck’s tonneau cover in action from the unveiling event. Based on his video, it could be seen that the cover actually rolls past the rear window and gets stowed away underneath. The entire contraption is activated through a rather discrete button on the rear end of the Cybertruck. Such a system is a rather elegant Tesla-esque solution for such a utility-focused feature.
The Tesla Cybetruck’s motorized tonneau cover gives several advantages to the vehicle, the most notable of which is aerodynamics. Musk has also hinted at the cover being laid with solar panels, which could give the Cybertruck around 15 miles of range per day. These, together with the cover’s clever stow-away system, shows that a notable amount of thought went into designing the Cybertruck and its functions.
With the motorized tonneau cover engaged, drivers inside the vehicle would not be able to get a clear view of the Cybertruck’s rear using a traditional rearview mirror. To solve this, Tesla has gone ahead and utilized a rear camera in place of a traditional rearview mirror. It’s a very simple solution, and it taps into an already existing system that Tesla has used with its vehicles since the first-generation Model S came out seven years ago.
The Tesla Cybertruck is not for everyone. That much is sure. Elon Musk has given the internet ample warning in the months leading up to its release, stating several times that the Tesla Pickup Truck will be polarizing. Following the vehicle’s unveiling, Musks’ words have rung true. Yet, even in its polygonal, meme-worthy form, the Cybertruck appears to be gaining a notable number of supporters, even among those outside the Tesla community.
This could be seen in Elon Musk’s announcement that Tesla has already received 146k orders for the Cybertruck as of Saturday. That’s following an unveiling event that could have gone better, no advertising, overwhelmingly negative and sarcastic coverage from mainstream media, and absolutely no paid advertising. Musk also noted that so far, 42% of the Cybertuck’s reservation holders have opted for the dual-motor variant, 41% have selected the tri-motor setup, and 17% have ordered the vehicle’s $39,990 base version.
That’s not too bad for such a polarizing vehicle.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
