Tesla CEO Elon Musk has stated that the Cybertruck would likely be Tesla’s best vehicle to date, and the all-electric pickup truck would be so impressive that its four-year wait would be worth it. But as the specs and price of the production Cybertruck were released on Thursday, a number of longtime EV watchers were quick to voice their disappointment.
In a way, it is unsurprising that many were disappointed by the production Cybertruck. The vehicle, after all, was smaller, had less range, and was significantly more expensive than the hulking steel beast that was unveiled in 2019. Even the production Cybertruck’s Armor Glass demonstration featured a baseball, which was far less impressive than the steel ball that was used four years ago.
This does not mean to say that the production Cybertruck is a complete miss, however. Far from it. A look at the production Cybertruck’s details would show that the vehicle, despite losing some size and range, gained a number of key features that make it a pretty stellar truck in its own right. Perhaps Elon Musk was right — maybe the Cybertruck is really destined to become Tesla’s magnum opus.
Here then are five features that we love about the production Tesla Cybertruck.
Steer-by-Wire
The production Cybertruck does not have a regular steering wheel. Instead, it has a rounded yoke that seems like a cross between the Model S and Model X Plaid’s yoke and a regular steering wheel. As it turns out, the Cybertruck is the first Tesla that is being shipped with a steer-by-wire system. This makes the vehicle very nimble and easy to maneuver. Tesla showed off some videos showcasing this feature, and they were quite impressive.
CONFIRMED: Cybertruck uses steer-by-wire. #DriveStainless @cybertruck @Tesla pic.twitter.com/znhO9y1tqG— Ryan McCaffrey (@DMC_Ryan) November 30, 2023
Critics of the original steering yoke in the Model S Plaid noted that the system would have worked if it used steer-by-wire. Well, the Cybertruck has it, and so far, reviewers of the vehicle seem to appreciate the feature.
Powergate
Despite being smaller than its original prototype, the Cybertruck is still a fairly large vehicle. It’s also made of stainless steel. With this in mind, consumers might find the Cybertruck’s frunk heavy and cumbersome if it was manually operated. Fortunately, this won’t be the case, as the production Cybertruck comes with a powered frunk system called the Powergate.
Tesla’s first powered frunk called Powergate.
It has one of the longest LES lighting elements on any passenger vehicle and reveals a hidden bench for two. pic.twitter.com/QrxS0q0JVa— Sawyer Merritt (@SawyerMerritt) November 30, 2023
As noted by Tesla, the Powergate features one of the longest LED lighting elements on any passenger vehicle in the world. It also reveals a hidden bench for two, plus over seven cubic feet of storage. These features, together with its powered nature, make the Cybertruck’s frunk the best in Tesla’s lineup today.
Beast Mode
The Cybertruck could be considered a flagship vehicle from Tesla. Its price certainly commands such a designation in the company’s lineup. It is then unsurprising that the electric vehicle maker gave the Cybertruck a dedicated high-performance mode called “Beast Mode.” Tesla explained Beast Mode as follows: “Cyberbeast features a rear drive unit with dual induction machines, active torque vectoring, and an electro-mechanical, front-locking differential producing a combined 845 HP.”
Beast mode Cybertruck will have 845 horsepower pic.twitter.com/TVZr097EMP— Rob Maurer (@TeslaPodcast) November 30, 2023
With Beast Mode, the Cybertruck would be able to achieve a 0-60 mph time of 2.6 seconds, a metric that actually exceeds that of the original Cybertruck prototype in 2019, which was listed with a 0-60 mph time of 2.9 seconds.
Rear-Wheel Steering
Together with its steer-by-wire system, the Cybertruck also features rear-wheel steering. Demonstrations of the Cybetruck in action show how the vehicle’s rear wheels help with maneuverability, allowing the stainless steel all-electric pickup truck to achieve a turning radius that is better than the Model S sedan. That’s pretty insane considering the physical size of the Cybertruck.
NEW VIDEO – 40 minutes of every single detail you need to know from my time driving the Tesla Cybertruck, from the stainless steel to hidden storage to the rear wheel steering to the range extender. Enjoy! Full video: https://t.co/5OaHnzpbNL pic.twitter.com/6eWstORrPr— Marques Brownlee (@MKBHD) December 1, 2023
Interestingly enough, rear steering is also a feature that is an improvement over the Cybertruck’s 2019 prototype. The hulking vehicle, when it was unveiled four years ago, did not feature a rear-wheel steering system at all, despite Elon Musk seemingly confirming the feature on Twitter prior to the 2019 unveiling.
Range Extender
While it is true that the production Cybertruck’s range is disappointing compared to the announced range of the original Cybertruck prototype from 2019, one could argue that a range extender actually makes sense. Tesla, after all, is not looking to become a niche automaker. The company wants to be a mass-market carmaker, and to do that, it must be able to produce as many vehicles as it can with the resources it has.
EXTEND
YOUR ADVENTURE
BEHOLD: The Range Extender®https://t.co/cqtl5Mi2sj pic.twitter.com/IMFvOhYPU0— Jose del Corral (@J0se) November 30, 2023
Being a large vehicle, the Cybertruck would have to eat a lot of batteries to achieve its target range from 2019. Thus, it is quite reasonable for Tesla to offer a range extender that adds about 130 miles to the Cybertruck Dual Motor (around 120 extra miles for the Cyberbeast) only to those who actually need the extra battery. Tesla could then produce the Cybertruck Dual Motor and Cyberbeast with 123 kWh battery packs, which is a pretty fair size for such a large vehicle.
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Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
