Tesla plans to stop Cybertruck production by mid-2025 to prioritize the new Cybercab, aiming for public sales by the end of 2026 despite regulatory scrutiny. The Cybertruck has faced declining demand due to recalls, quality problems, and price changes. Meanwhile, Anthropic's $1.5 trillion IPO faces skepticism with possible valuation cuts and delays amid volatile AI market sentiment. Nvidia is warned of a potential bubble risk similar to Cisco's 2000 crash due to risky financing with AI startups, exposing it to defaults and capital misallocation.
Tesla's shift away from the Cybertruck toward the Cybercab marks a notable change for the company as of November 6, 2026. On Pluang, Tesla shares trade at USD 349.00, up 1.54% for the day, with a market cap of $1.36 trillion. Meanwhile, Nvidia, also in the spotlight due to AI market concerns, is priced at USD 188.61, gaining 3.86% on the day, with a market cap of $4.39 trillion as of the same time.
Tesla and SpaceX, Elon Musk's two largest public companies, lost a combined $457 billion in market value between November 3 and 5, 2026, following Democratic wins in Congress and key Texas races. Tesla's stock dropped nearly 14%, while SpaceX fell ov...
Tesla CEO Elon Musk announced that the company will stop producing the Cybertruck next year, repurposing the factory space to build two-seater Cybercab robotaxis. Despite initial high hopes and plans to sell 250,000 units annually, the Cybertruck has...
Tesla announced it will wind down production of the Cybertruck at its Texas Gigafactory by mid-2027 to make room for increased Cybercab production, which supports Tesla's Robotaxi fleet. The Cybertruck, once expected to sell up to 500,000 units annua...
Tesla CEO Elon Musk announced that production of the Cybertruck at the Texas Gigafactory will wind down around mid-2027. The Texas factory near Austin is currently the only facility known to produce components for the Cybertruck, leaving uncertainty ...
Tesla CEO Elon Musk announced plans to scale back Cybertruck production at the Texas gigafactory by mid-2027 to increase output of the new Cybercab, a key part of Tesla's robotaxi strategy. The Cybertruck, known for its futuristic design, has struggl...
