Tesla & SpaceX Lost $420 Billion In Market Cap This Week — Didn’t Have To Be This Way
cleantechnica.com

Tesla & SpaceX Lost $420 Billion In Market Cap This Week — Didn’t Have To Be This Way

Tesla and SpaceX lost a combined $420 billion in market capitalization after the November 6, 2026 midterm elections. The decline follows Elon Musk’s record $447 million donation to the Republican Party, his shift toward right‑wing politics, and his public attacks on Democrats. Analysts link the market reaction to concerns that Musk’s political alignment could prompt congressional scrutiny of Tesla’s and SpaceX’s operations and influence future regulatory decisions. The loss underscores the volatility of investor sentiment tied to political actions. [...]
Alas, Poor Cybertruck, We Hardly Knew Thee
cleantechnica.com

Alas, Poor Cybertruck, We Hardly Knew Thee

Tesla announced it will cease Cybertruck production at its Texas Gigafactory by mid‑2025, shifting capacity to the forthcoming Cybercab robotaxi. The electric pickup, unveiled in 2019 with a target of 250,000 units annually, delivered only about 17,000 vehicles in 2024, far short of expectations. Internal data cited by CleanTechnica shows the model generated roughly $100 million in gross profit against a $2 billion R&D spend, resulting in an estimated $1.9 billion loss. The decision follows a sharp drop in Tesla’s [...]
Tesla is ending Cybertruck production
teslarati.com

Tesla is ending Cybertruck production

Tesla CEO Elon Musk announced on X that production of the Cybertruck will cease in mid‑2027, with the shutdown slated for mid‑2026 at Gigafactory Texas to free capacity for “increased Cybercab production.” The move ends the run of the best‑selling electric pickup, which has underperformed relative to expectations due to delayed pricing and a four‑year gap between its unveiling and market launch. Reactions were mixed: some fans accepted the shift toward autonomous ride‑hailing, while others expressed disappointment. [...]
Tesla will stop making the Cybertruck in 2027
techcrunch.com

Tesla will stop making the Cybertruck in 2027

Tesla announced it will cease Cybertruck production in 2027, shifting the Texas plant’s capacity to manufacture two‑seat “Cybercab” robotaxis. The move follows three years of modest sales—tens of thousands units versus the 250,000 annual target Musk set for the late‑2023 launch. Pricing and range fell short of early promises, and the polarizing design failed to attract a broad market. The decision aligns with Tesla’s broader pivot toward AI and robotics, echoing earlier cuts to the Model S, Model X, [...]
You Need A New Car? Go Electric! It’s Superior Technology! Part 1
cleantechnica.com

You Need A New Car? Go Electric! It’s Superior Technology! Part 1

The article argues that electric vehicles (EVs) are superior to internal combustion cars, citing widespread adoption in Norway, Denmark, and China, where electric fleets dominate rail, bus, and new car sales. It highlights Tesla’s extensive Supercharger network, low maintenance, and long battery life, while noting higher upfront costs and political resistance in the U.S. The piece urges readers to consider used EVs for affordability and emphasizes the practicality of EVs for local and cross‑country driving. [...]
You Need A New Car? Go Electric! It’s Superior Technology. Part 2
cleantechnica.com

You Need A New Car? Go Electric! It’s Superior Technology. Part 2

The article explains why electric vehicles (EVs) are more convenient than gasoline cars for daily driving. It details charging options, including home Level 2 (L2) chargers and 220 V outlets, and compares charging times to gas refueling. The author cites personal experience with a 2026 Tesla Model Y, noting that charging at home takes only a few hours and eliminates routine maintenance tasks. He also discusses cost and installation considerations for different charging setups.
EVgo taps Tesla Superchargers for mass charging expansion
teslarati.com

EVgo taps Tesla Superchargers for mass charging expansion

EVgo announced the opening of its first Tesla‑compatible Supercharger site in Illinois, a 12‑stall station at Riverside Square & River’s Edge near downtown Chicago. The location uses Tesla’s Magic Dock technology, allowing both NACS and CCS plugs to connect without adapters, and delivers up to 325 kW of power at rates of $0.25‑$0.35 per kWh. EVgo plans to roll out hundreds of similar stalls across country, primarily at Regency Centers properties, leveraging Tesla’s Supercharger for Business program. The [...]