Tesla sold 1 in 5 Cybertrucks to Musk’s other companies in Q4

1 in 5

We knew Tesla had been off-loading its struggling “apocalypse-proof” Cybertrucks onto CEO Elon Musk’s other companies, but now we know just how many.

The EV company sold about one in five Cybertrucks registered in the US in the fourth quarter to Musk’s other ventures, according to Bloomberg, citing data from S&P Global Mobility. The lion’s share went to SpaceX, which accounted for 1,279 of the 7,071 total registrations, while another 60 went to xAI (now part of SpaceX), Neuralink, and The Boring Company. All told, these inter-company sales represent roughly $100 million in value, and a vital lifeline for a vehicle that has failed to gain traction with the public, forcing Tesla to scale back production.

Musk’s companies have continued to scoop up the stainless steel behemoths this year, with another 158 Cybertruck purchases in January and 67 in February.

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Jon Keegan2m

Report: Google ditches its objection to defense work, pitches Gemini to Pentagon

In 2018, Google employees protested against the company’s tech being used for the US military’s Project Maven — a drone targeting program — reminding the company of its “don’t be evil” motto.

After the controversy, the company declined to renew the contract with the Pentagon, drawing a bright line between Big Tech and the national security establishment.

What a difference a few years makes.

Google is now actively working to get its Gemini AI model to be used in classified national security settings, according to a new report from The Information. Seeking a similar deal to the one OpenAI hashed out with the Pentagon, Google reportedly wants a contract that allows use of Gemini in classified work, but with a prohibition on mass domestic surveillance and autonomous lethal weapons.

But Google is playing catch-up in a major way. Amazon and Microsoft both have been widely used for classified defense work, and contractors are already experienced in working with their cloud systems, while Google’s services have never been used in classified work.

Google and Pentagon Discuss Classified AI Deal as Company Rebuilds Military Ties

What a difference a few years makes.

Rani Molla4h

TSMC CEO on Tesla and Intel’s Terafab: “There are no shortcuts”

Tesla CEO Elon Musk has reportedly asked the chip industry suppliers for his Terafab chipmaking project to move at “light speed” in an effort to help Tesla and SpaceX manufacture the AI chips they need.

On the company’s last earnings call, Musk said chip supply would be the “limiting factor” for Tesla’s growth in about three or four years. During a presentation for the Terafab last month, Musk said, “We either build the Terafab or we don’t have the chips.” More established chipmaker Intel has since joined the effort.

Still, the world’s largest chipmaker isn’t convinced that “light speed” is physically possible. Speaking on an earnings call this morning, TSMC Chairman and CEO CC Wei offered a blunt assessment of Terafab’s ambitious timeline: “There are no shortcuts.” According to Wei, the physics of a modern foundry, which he says takes roughly five years to build and ramp, remains the ultimate speed limit, regardless of the customer’s urgency. “That’s a fundamental of the foundry industry,” he said.

Wei noted that Tesla remains a TSMC customer.

🚀 $100B

Jon Keegan19h

Alphabet’s 2015 investment in SpaceX is about to pay off handsomely with the company’s hotly anticipated IPO later this year, which is expected to be the largest in history.

Bloomberg reports that according to new financial filings, Alphabet’s investment could be worth up to $100 billion.

Google invested in SpaceX in 2015 when it, along with Fidelity, invested $1 billion in a round that valued SpaceX at $10 billion. At the end of 2025, Google owned just over 6% of SpaceX, per Bloomberg’s reporting on the more recent filings. That stake has likely been diluted due to SpaceX’s merger with xAI.

Jon Keegan

21h

OpenAI pulls out of Stargate Norway, hands data center off to Microsoft

This is the third piece of Project Stargate that OpenAI is retreating from since a flurry of announcements last year.

Rani Molla4/15/26

Barclays says autonomous couriers — think sidewalk robots and drones — could push delivery costs down to as little as $1 per order, from between $5 and $7 today and closer to $9 for traditional deliveries in high-labor-cost markets. If robots save $4 on every delivery, and enough companies start using them, the food delivery industry, including companies like DoorDash and Uber, could end up with $16 billion in extra profit every year, according to Barclays.

The catch: we’re nowhere near that world yet. Robots and drones handle less than 1% of deliveries today. Even by 2035, Barclays only sees penetration hitting around 10%.

Google’s Wing and Amazon have also been trying to crack last-mile product delivery — a reminder that this is part of a broader race to automate the most expensive leg of e-commerce.

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