

News
Tesla’s Elon Musk details Cybertruck design adjustments with Joe Rogan
Tesla CEO Elon Musk broke down some of the modifications that Tesla made to the design of the Cybertruck during his third podcast appearance on the Joe Rogan Experience. Musk indicated in November that Tesla would be redesigning the Cybertruck slightly, giving some “small improvements” to the initial design after some concerns over the size of the vehicle.
Tesla Cybertruck
Tesla unveiled its Cybertruck in November 2019 with a futuristic, Cyberpunk-themed event at SpaceX headquarters in Hawthorne, California. Musk, along with Tesla’s Chief Designer Franz von Holzhausen, unveiled the truck on stage, displaying its polarizing design and effectively indestructible steel exoskeleton.
Combined with bulletproof glass, the Cybertruck is the ultimate apocalypse vehicle, but there were some interested in the all-electric pickup size. Concerns over whether the vehicle would fit in a residential garage or in regular parking spaces were of major importance to some pre-orderers. In fact, a Supercharging site in Los Angeles actually gave design blueprints for Cybertruck-specific charging spaces that would be capable of fitting the massive truck.
Tesla finally finalized the design of the Cybertruck recently. During the Q4 2020 Earnings Call, Musk said that the company was finished making revisions to the design.
Musk stated:
“So we finished almost all of the Cybertruck engineering. So we’re no longer iterating at the design center level or design level. We’ve got the designs fixed.”
Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles, Nov. 21, 2019 (Photo: Teslarati)
Musk: Cybertruck has around 3% size reduction
New design photographs never were released by Tesla or Musk, but in the latest episode of the Joe Rogan Podcast, Musk detailed some of the changes that were made.
He told Rogan:
“That’s pretty much what it [the Cybertruck] will look like, with very small differences. You know, we adjusted the size a few percent. Like around 3% or smaller. You don’t want it to be a couple of inches too big for the tunnel.”
Rogan then asked if the revisions were based on the Boring Company’s tunnel, which Musk took Jay Leno through on an episode of MSNBC’s “Jay Leno’s Garage.” Musk said that the Cybertruck’s fit in the Hawthorne tunnel was “pretty snug,” which could have ultimately led to the revisions.
Tesla Cybertruck makes a tight squeeze through Boring Company tunnel
Cybertruck Production
Musk confirmed to Rogan that the production of the Cybertruck would have limited production at the end of 2021, and volume production “hopefully next year.” Musk indicated on the company’s recently-held Q4 2020 Earnings Call that the Cybertruck could be subjected to some delays.
He said:
“If we get lucky, we’ll be able to do a few deliveries toward the end of this year, but I expect volume production to be in 2022.”
Rogan’s full podcast with Elon Musk is available here.
Investor's Corner
Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries
The firm reiterated its Overweight rating and $355 price target.

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025.
The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.
On Tesla’s vehicle deliveries in Q3 2025
During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report.
“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.
A bright spot in Tesla Energy
Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.
“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated.
Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.
Elon Musk
Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report
Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.
The update was related in a report from The Wall Street Journal.
Memphis’ second-largest taxpayer
xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model.
The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ.
“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”
Not without controversy
Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.
As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.
News
Tesla all but confirms that affordable Model Y is coming Tuesday
It does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

Tesla has released a cryptic teaser of a product that would be announced on Tuesday, October 7, 2025. Based on the company’s hint, it does appear that the product would be the affordable Model Y that has been spotted doing road tests across the country over the past months.
Affordable Model Y sightings
Last week, news emerged that a number of key Tesla influencers visited Gigafactory Texas for a private event. These included veteran Tesla YouTubers, car reviewers, influencers on X, and even a teardown expert who provided the initial insights on how to improve the original Model 3 sedan. At the same time, an uncovered unit of the apparent affordable Model Y was posted online. The vehicle was reportedly sighted close to Giga Texas.
The new Model Y variant had some notable changes from the standard Model Y. Its fascia seemed inspired by the Model 3 sedan instead of the Cybertruck, and its roof seemed blacked out. Overall, it looked like a simpler Model Y designed to be offered at an affordable price.
The weekend teasers
Teasers about an upcoming product were posted by Tesla’s official account on social media platform X, though the electric vehicle maker made it a point to keep things very vague. Initially, a closeup video of what appeared to be an aero wheel was posted, though it was vague enough that some speculated that it could be Elon Musk’s long-announced HVAC system instead.
On Sunday, another teaser video was posted featuring the headlights of a new car. This brought speculations that the new Roadster might finally be announced. Inasmuch as a new Roadster unveiling would be exciting, however, it was evident that the headlights in the new teaser were a match to the uncovered affordable Model Y unit that was spotted close to Giga Texas a few days ago. With this in mind, it does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.
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