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.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
News
Tesla tops American-Made Index for sixth-consecutive year
Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.