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Some Cybertruck owners say their Tesla vehicles are developing rust spots from rain. At least two members of a Cybertruck owners' forum claim their vehicles have orange specks of rust. Cybertrucks do not have a clear coat on their stainless steel body, according to the owner's manual. AdvertisementSome Tesla owners claim their Cybertrucks are starting to rust after being caught in the rain. In a post on the Cybertruck Owners forum, a member called “Raxar” wrote that they'd collected their vehicle that day and were warned that rain could cause it to rust.
Persons: , , they'd, Raxar, Vertigo3pc, Tesla, Elon Musk, Musk Organizations: Service, Delorean, , Mead Metals, Business
What it's like to take the Cybertruck camping
  + stars: | 2024-02-10 | by ( Grace Kay | ) www.businessinsider.com   time to read: +4 min
Tesla owner Ben Levin went camping in Texas with the company's newest EV, the Cybertruck. AdvertisementTesla's rough-and-tumble Cybertruck might be perfect for camping, at least according to one owner, but it's missing one key feature — enough heat in the truck's bed for chilly nights. Levin identified several Cybertruck features that made it ideal for camping, including the spacious design of the truck. Cybertruck owner bought a truck tent to go camping. AdvertisementTo combat the cooler temperatures, Levin said he'd recommend Cybertruck owners consider bringing a heated blanket or portable heater for camping trips in colder weather.
Persons: Ben Levin, Levin, , It's, VoyageATX, Elon Musk, Tesla, he'd Organizations: Service, Tesla, Campers Locations: Texas, Pace, Spicewood , Texas, Mode
Tesla may be stuck in "production purgatory" that could pressure the stock, according to Redburn Atlantic. The firm initiated coverage of the Elon Musk's EV maker on Wednesday with a sell rating and a $170 per share price target. EV sales began slowing in 2023 as consumers and businesses signaled caution toward going fully electric. The companies that will benefit most in the new EV landscape, the analyst added, will "iterate best-in-class EV platforms and scale desirable models to support high utilization at lower unit costs." Analysts polled by FactSet forecast 73 cents per share in earnings on revenue of $25.6 billion.
Persons: Adrian Yanoshik, Tesla, Yanoshik, Hertz Organizations: Elon Musk's, EV, Apple, Nvidia, Wall Street, FactSet
Read previewNew Tesla Cybertruck owners might want to wash winter road grime off their pickup as soon as possible. Manuals for other Tesla models also advise immediate removal of corrosive substances — but "to prevent damage to the paint," rather than the exterior metal itself. Road salt is one of the biggest culprits of corrosion in cars, but typically, the undercarriage is most at risk since paint can protect the body panels. Chevrolet warns salt may damage the paint of its Silverado if it remains on the exterior for extended periods of time. Of course, depending on who you ask, the Cybertruck's lack of a finish on the steel may be a feature instead of a bug.
Persons: , Tesla, Lars Moravy, Tesla's, there's Organizations: Service, Business
AdvertisementYouTuber Dennis Wang is one of the first drivers to document a cross-country road trip in the much-hyped Cybertruck, just weeks after the first vehicles were shipped to customers. But he ran into some issues along the way — including difficulties with charging and a glitch in Tesla's infotainment system. He also said that closing the tonneau, the cover that spans the back of the truck, helped improve the Cybertruck's range. But despite the hiccups along the way, Wang enjoyed the experience, especially the spacious cabin and comfort of the vehicle. "It's a fantastic truck," Wang said.
Persons: Dennis Wang, Tesla, , Wang, Joshua Tree, he's, Wang isn't, Dennis Wang Plus, YouTuber Organizations: Service, YouTube, Bloomberg Locations: Austin , Texas, California, Texas
The next Tesla after Cybertruck will be more affordable, Musk said. Musk said his company is "quite advanced" in its work on the affordable Tesla, and that he is reviewing production plans weekly. "The revolution in manufacturing that will be represented by that car will blow people's minds," Musk said. "It is not like any car production line that anyone's ever seen." Many car companies have responded to this change in demand by pulling back production plans while dealers lather on discounts to move these cars off their lots.
Persons: Musk, Tesla, , Elon Musk, Sandy Munro, Munro Organizations: Texas, Service, YouTube, EV, Ford, Tesla Locations: Mexico, Detroit
Tesla's Cybertruck doesn't have door handles but a button along its window column. Musk first teased that the Cybertruck didn't have door handles over two years ago. Earlier prototypes of the Cybertruck appeared to have a door handle along the side of the car that would pop out similar to the Model S door handles. But Musk announced in 2021 that the vehicle wouldn't have door handles. Tesla owners have complained about the company's high-tech door handles in the past.
Persons: Tesla's, Marques Brownlee, , Tesla, Elon, Musk, Brownlee Organizations: Service Locations: California
It may not be worth Tesla's while to make a Europe-friendly version of the Cybertruck. AdvertisementAfter years of waiting, the Cybertruck is finally here — but European Tesla fans shouldn't get too excited. There are a few reasons why it's unlikely to be sold across the Atlantic anytime soon. Advertisement"For a vehicle in the category of the Cybertruck, there's not a huge market in Europe, because pickup trucks generally are not very common." Elon Musk at the Tesla Cybertruck delivery event.
Persons: , Tesla, Pedro Pacheco, Pacheco, there's, Elon Musk Organizations: EU, Service, European, Tesla, Gartner, NAC, CCS, Business Locations: Europe, European Union, EU, North America
The Cybertruck will start at $60,990, tens of thousands more than what Tesla promised in 2019. It was the opposite, horrible launch event, disappointing range, almost abusive pricing considering what was promised," wrote one Tesla fan on Reddit . "For me, this potential purchase was always always about two things, setting aside the design: range & price. The company is offering a "range extender" which it says will bring the Cybertruck closer to its promised range. Prominent tech YouTuber Marques Brownlee also criticized the discrepancy between what Tesla promised in 2019 and what it is offering now.
Persons: Elon Musk, Austin Gigafactory, Tesla, , Austin gigafactory, Musk, Cybertruck subreddit, Elon, I've, it's, YouTuber Marques Brownlee Organizations: Service, Business
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Brownlee also said he appreciated the high level of visibility in the truck, which has a massive windshield. "It feels way more nimble in parking lots and it feels like it shrinks the wheelbase, the whole dimensions of the truck," Brownlee said. The Cybertruck doesn't have any door handles — a feature that some new Cybertruck owners appeared to struggle with during the delivery event. Brownlee expressed some concerns about the lack of door handles on the Cybertruck.
Persons: YouTuber Marques Brownlee, he's, Tesla, , Brownlee, I'm, Marques Brownlee, Elon Musk Organizations: Service, YouTube Locations: California
Tesla is selling a $55 Cybertruck decal inspired by Elon Musk's infamous window smashing incident. "OMFG decal" references moment a Tesla engineer smashed the Cybertruck's windows with a steel ball. AdvertisementTesla is selling a Cybertruck decal inspired by the windows that famously smashed during a demonstration at the futuristic pickup's unveiling. Elon Musk was left red-faced after the Cybertruck's windows failed in a demonstration. That means it still remains unclear whether the Cybertruck's windows are actually as unbreakable as Musk initially suggested.
Persons: Tesla, Elon Musk's, , Franz von Holzhausen, Elon Musk, Frederic J . Brown, Holzhausen, Austin — Organizations: Service, Elon Locations: Austin
Tesla's Cybertruck still makes no sense. Elon Musk livestreamed a delivery event for the pickup truck on Thursday. How it makes sense for Tesla, Elon Musk, or people's daily commutes is still anyone's guess. On its website, Tesla describes the vehicle as being "built for any planet," thanks to its durable and rugged design. "The truck looks absolutely awful.
Persons: Tesla's, Elon Musk, , Musk, 04EfaB01Fb — Jon Erlichman, Gun, I've, Gene Munster, Morgan Stanley, Tesla Organizations: Service, Texas, Porsche, Plaid, CNBC Locations: Texas, Wyoming
But since Musk unveiled it four years ago, all three Detroit automakers have shown electric trucks of their own. Musk said the Cybertruck's body is made of a stainless steel alloy developed by Tesla. When Musk unveiled the truck four years ago, he said production would start in 2021. On its website, Tesla said the a rear-wheel-drive version of the truck would start at an estimated $60,990. When the truck was unveiled in 2019, Tesla said the base version would start at $39,900, with a tri-motor, long-range model costing $69,900.
Persons: Tesla, Elon Musk, , Musk, Rivian, GM's Chevrolet, Stellantis Ram, , it's, ” Tesla Organizations: DETROIT, U.S, Ford, General Motors, Detroit automakers, GM, GM's Chevrolet Silverado, Detroit, Tesla, Porsche, Ford Super Duty Locations: Austin , Texas
The truck outdoes the F-150 Lightning with up to 11,000-pound towing capacity for higher-end models. AdvertisementHere's everything else we know about the Cybertruck after its official reveal:How much the Tesla Cybertruck costsTesla now lists estimated purchase prices for all Cybertruck models on its website, before any tax credits. The all-wheel drive, 340-mile range Cybertruck costs an estimated $79,990 before tax credits, while the "Cyberbeast" 320-mile range model will run you an estimated $99,900 before any incentives. Steel bodyThe Cybertruck's steel body is made from Tesla-designed "stainless steel super alloy," according to the company. This super-rigid steel — which Tesla claims is bullet-proof — would break a traditional stamping machine, which is used to give vehicle bodies their shape.
Persons: Tesla's Cybertruck, , Tesla, Elon Musk's, Musk Organizations: Tesla, Service, Porsche
Marques Brownlee said Tesla is "straight up not delivering" on its promised specs. Tesla delivered around a dozen Cybertrucks on Thursday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "Tesla Cybertruck is notably the first time that Tesla is straight up not delivering on some of the key specs they promised," Brownlee wrote on X, formerly known as Twitter. The top tier version of the Cybertruck can also go from 0 to 60 miles per hour in 2.6 seconds.
Persons: Marques Brownlee, Tesla, , Tesla's, Marques Brownlee —, Brownlee, Elon Musk, Musk, — Marques Brownlee, Cybertruck Organizations: Service, Twitter, YouTube
At that event, Musk boasted, "It will be the biggest product launch of anything by far on Earth this year." At the event in Austin, Musk said the Cybertruck's hard steel body was bulletproof, and that its windows were "rock proof." Tesla first unveiled the Cybertruck — with its angular and unpainted hard steel body — in November 2019. The covid pandemic and other factors contributed to a two-year delay however, and Tesla only began early Cybertruck production in July this year. The U.S. electric pickup truck market has not expanded as quickly as some thought when the Cybertruck was initially revealed.
Persons: Elon Musk, Musk, Tesla, Rivian, CNBC's Mike Wayland Organizations: Ford, General Motors, Lordstown Motors, GM, CNBC PRO Locations: New York, Austin, U.S
[1/3] Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, U.S., November 20, 2023. Cybertruck, Tesla's first new model in nearly four years, is critical to its reputation as a maker of innovative vehicles. "We dug our own grave with Cybertruck," Musk said last month, warning that it would take a year to 18 months to make the vehicle a significant cash flow contributor. The billionaire has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025. Tesla has faced "enormous challenges in reaching volume production" with the Cybertruck because of its new technology and design, Musk said.
Persons: Mike Blake, Elon Musk, Tesla's, Musk, Tesla, Eric Noble, Rivian, R1T, Rivian's R1T, Ford's, Seth Goldstein, Paul Waatti, Akash Sriram, Hyunjoo Jin, Sayantani Ghosh, Bill Berkrot Organizations: REUTERS, New York Times, Dodge, Ford, General Motors, Hummer, Morningstar, Thomson Locations: San Diego , California, U.S, Bengaluru, Hyunjoo, San Francisco
An investing legend dies
  + stars: | 2023-11-29 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
AdvertisementIn today's big story, we're looking back on the life of investing legend Charlie Munger. What's on deck:But first, remembering Charlie Munger. AdvertisementCharlie Munger, the billionaire investing legend who led Berkshire Hathaway alongside Warren Buffett, died Tuesday at age 99. Despite being overshadowed by Buffett, Munger wasn't afraid to share his opinion. Speakers include Vice President Kamala Harris, President of Taiwan Tsai Ing-wen, Elon Musk, Bob Iger, Jamie Dimon, Lina Khan, Shonda Rhimes, and other major execs.
Persons: Charlie Munger, Charlie Munger Johannes Eisele, Berkshire Hathaway, Warren Buffett, Munger, I'm, Buffett, Munger's, they'd, Charles Platiau, Frederic J . Brown, Chelsea Jia Feng, Wall, Peacock, Kamala Harris, Taiwan Tsai Ing, Elon Musk, Bob Iger, Jamie Dimon, Lina Khan, Shonda Rhimes, Costco Monica Humphries, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Getty, Berkshire, Berkshire Hathaway, SevenSix Agency, Delta Air Lines, Toyota, Gucci, Google, Wall, Rockefeller, NBC, The New York Times, Taiwan, Costco Locations: Wisconsin, What's, AFP, California, Omaha, Omaha , Nebraska, Berkshire, Charles, Kensington, Chelsea, New York City, San Diego, London, New York
Would-be Tesla Cybertruck buyers still don't know how much they're spending. Apart from the few remaining details listed and the occasional cryptic tweet from Musk, there isn't much information to tell Cybertruck buyers what they're getting into. Tesla Cybertruck. That makes it even more important to give loyal truck buyers some details to work with. "If you're looking to convert average pickup truck buyers to something different, that's a little harder," Fiorani said.
Persons: Tesla, , Elon, It's, Musk, Cybertruck, William Huston, he's, Ed Kim, AutoPacific, Sam Fiorani, Fiorani Organizations: Service, Ford, Chevrolet, Toyota, AutoForecast Locations: San Francisco
Rivian has made its R1T electric pickup available to lease in 14 US states. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWould-be EV drivers have turned to leasing as a cheaper way to try before they buy, especially considering the high price of many electric vehicles . The Cybertruck, however, will pose a fresh challenge to Rivian's R1T pickup. The futuristic Tesla pickup is set to launch on November 30 after years of hype, with over 2 million people preordering the electric pickup .
Persons: Rivian, Elon Musk's, , Tesla's, — Tesla's, RJ Scaringe, it's Organizations: Elon, Elon Musk's Cybertruck, Service, CNBC, Leasing, Ford, Tesla, Rivians, GQ Locations: Arizona , California , Colorado , Florida, Georgia , Massachusetts, Michigan , Missouri , New Jersey , New York , Nevada , Pennsylvania, Texas, Washington
The Cybertruck's stainless steel body has made it difficult to align its panels, WSJ reported. The stainless steel has been difficult to shape into panels without gaps or alignment issues, the publication said, citing individuals who had worked on the Cybertruck. The Journal said the stainless steel is made in "coils that resemble giant rolls of toilet paper." The billionaire has said the vehicle's stainless steel body will be bulletproof and even comes with an option for fixed bulletproof windows. Munro has also pointed out that the thick stainless steel body has several perks for owners.
Persons: Elon Musk, Tesla, , Javier Verdura, Musk, you've, Giorgetto Giugiaro, Electrek, Sandy Munro, Munro Organizations: EV, Elon, Service, Street, DeLorean
New videos of the Tesla Cybertruck feature a show-stopping interior with a full glass roof. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The Tesla Cybertruck was first revealed to much fanfare in 2019, and its release has been pushed back several times since then. From what we've seen of the dashboard so far, much of the interior of the Cybertruck is surprisingly barebones. Those prices vanished from the Cybertruck website in 2021, and an official price has still been difficult to pin down.
Persons: frunk, , Tesla, we've, what's Organizations: Service, Texas
Elon Musk says the Cybertruck will be bulletproof, boasting that Tesla shot it up with a Tommy gun. Deliveries are set to start next week, with Musk warning that Tesla faces big production challenges. AdvertisementElon Musk has long claimed the Cybertruck will be bulletproof, saying he wants the futuristic pickup to be "really tough — not fake tough." As the Cybertruck's launch date nears, though, it still remains unclear just how bulletproof it is going to be. AdvertisementThis "armor glass" won't be able to stop a bullet — but Musk's said that Tesla will offer the option to buy a "beast mode" Cybertruck with properly bulletproof windows.
Persons: Elon Musk, Tesla, , Musk's, Musk, Frederic J . Brown, Al Capone, Critics, Tommy Organizations: Service, Auto, Business
Tesla plans to deliver 10 Cybertrucks at its November 30 event, an executive said. The company plans to deliver only 10 Cybertrucks during its delivery event later this month, Tesla global director of product design Javier Verdura said at a keynote address last week, the Mexican newspaper Milenio reported. Up until recently, it was unclear how many Cybertrucks Tesla planned to deliver at the event or how many it would be able to get into customers' hands this year. "We dug our own grave with Cybertruck," Musk said during Tesla's earnings call earlier in November. The Tesla CEO said the company aims to produce about a quarter million Cybertrucks per year by 2025.
Persons: Tesla, Elon Musk, , Javier Verdura, Electrek, Musk, you've Organizations: EV, Service
Tesla's $1,900 "Cyberquad for kids" is now available to buy again on the company's website. The ride-on toy, which is inspired by the Cybertruck, was recalled last year over safety concerns. AdvertisementTesla has put its "Cyberquad for kids" back on sale, weeks before the expected launch of the Cybertruck. The $1,900 kids ride-on toy, which was recalled last year over safety concerns , is once again available to buy on Tesla's website. It is, however, certified as an "electric ride-on toy," Tesla said.
Persons: Tesla, Organizations: Service, toymaker Flyer Radio, US Consumer Product Safety Commission, ATV, Business
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