Tesla ends Cybertruck and refunds deposits
Musk says Tesla will refund many Cybertruck deposits because orders exceed capacity, with production ending in about 8 months.
What we know
Walter Bloomberg and Wall St Engine report the refunds and the roughly eight-month production end. Carole Cadwalladr mocked the framing.
How the story developed
Musk says Tesla will refund many Cybertruck deposits because orders exceed capacity, with production ending in about 8 months.
Claims of Anthropic's $895.4B compute commitments and Musk's allegation that SoftBank is defaulting on turbine orders point to infrastructure as the key AI constraint.
SoftBank is down 59% since June on debt-funded AI bets, Musk says it is defaulting on turbine orders, and protesters stormed a Microsoft data center.
Musk says Cybertruck production ends at Giga Texas around mid-next year to make room for Cybercab, and says SoftBank is defaulting on turbine orders.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.