Elon Musk's SpaceX and XAI Are Buying Tesla's Unsold Cybertrucks

4 months ago (electrek.co)

> Cybertruck turned out to be Tesla’s first real commercial flop.

It's not an uncommon feeling but the cybertruck is just a flop on so many levels. To me, the most striking way is visually. It's like what an 11 year-old dreams about for a truck. To me, if I want a truck EV at this point I'd pick a Rivian any day. At least those are visually appealing, where the cybertruck exudes "LOOK AT ME I'M A BIG MEME LOL".

All we need now is for Nvidia to buy them and in exchange for stock and start renting them to OpenAI

It's financial alchemy, turning capital invested in overvalued private ventures into revenue for a vulnerable public company. Conveniently, the shares of that public company can be turned into collateral for margin loans.