Elon Musk Accused of Using SpaceX and xAI Funds to Secretly Buy Up Cybertrucks Amid Plummeting Sales
Once hailed as the symbol of the electric vehicle future, the Tesla Cybertruck is now turning into a serious headache for the American automaker. According to multiple sources, sales have fallen sharply below expectations — and Elon Musk is reportedly using his other companies to quietly “rescue” the struggling model from within.
Tech outlet Electrek reported that SpaceX and xAI – both run by Musk – have purchased hundreds of Cybertrucks in recent weeks. The official explanation is that these vehicles will replace existing gasoline-powered fleets in order to align with Musk’s clean-energy goals. However, analysts believe the move may actually be an effort to reduce unsold inventory and artificially boost Tesla’s sales numbers.
Thousands of Unsold Cybertrucks Pile Up in Austin
When it debuted, Tesla projected annual sales of up to 300,000 Cybertrucks. In reality, the company has sold only about 5,000 units in the first quarter of 2025. Reports from U.S. media suggest that thousands of unsold Cybertrucks are sitting idle at Tesla’s Austin, Texas, factory — even after repeated price cuts.
The Cybertrucks bought by SpaceX and xAI have been transported to locations such as Starbase in Boca Chica, the Starlink plant in Bastrop, and several xAI facilities.
Footage from the NASASpaceflight YouTube channel shows convoys of Cybertrucks arriving at Starbase over recent days. Another clip hints that the vehicles may be used to replace older company cars or distributed among staff.
Temporary Fix or Financial Window Dressing?
The decision to buy Tesla’s unsold inventory through Musk’s own companies has split public opinion. Supporters argue that it’s a pragmatic step toward electrifying Musk’s corporate fleets. Critics, however, claim it’s nothing more than an accounting maneuver designed to inflate sales figures and ease pressure from investors and markets.
For now, the “Cybertruck bailout” by SpaceX and xAI helps reduce Tesla’s warehouse backlog and keep production lines running. But the bigger question remains:
Can this internal buyback truly revive Tesla’s struggling EV lineup — or is it merely buying time for a product that’s rapidly losing its spark?
News
Exclusive:“Erika Kirk’s Emotional X Post Leaves America in Tears After Dоnɑld Tгuмρ Tribute to Charlie”
Erika Kirk Posts Emotional Message on X Thanking Dоnɑld Tгuмρ and Fans for “Unforgettable Love” Toward Her Late Husband Charlie…
EXCLUSIVE :During the season premiere of The View, Ana Navarro delivered a bold remark that reverberated across the United States. In a stunning moment, she openly took aim at the President, leaving viewers both shocked and uneasy. But what was the true focus of her criticism—and how did the studio audience respond in real time? The full story unfolds below.
Ana Navarro And ‘The View’ Co-Hosts Slam President Trump For Deploying ICE, National Guard On Cities: “They Want To Terrorize…
SHOCKING NEWS :The ladies of The View made a striking return in the season premiere, with hosts Whoopi Goldberg, Joy Behar, Sunny Hostin, Sara Haines, Ana Navarro, and Alyssa Farah Griffin joining forces to challenge Robert F. Kennedy Jr.’s misleading claims about vaccines. They also criticized the Trump administration for deploying ICE and the National Guard to major cities such as Washington, D.C., and Chicago, sparking nationwide concern. Read the full story in the comments below…
The ladies of The View kicked off their very first episode back from their summer hiatus with a tense discussion about President Trump’s decision…
EXCLUSIVE :The wait is finally over! Whoopi Goldberg and the co-hosts return TOMORROW on ABC for an all-new season!
Whoopi Goldberg’s Defiant Return: A Calm Yet Powerful Monologue That Took The View By Storm in the most anticipated moment of daytime…
THE VIEW IS BACK:After a mysterious week-long pause that left millions of viewers confused, executives finally broke their silence September 8 marks a game-changing return as Season 29 promises shocking live moments, hilarious clashes, and unfiltered conversations that could redefine the show’s legacy forever. With new guests, hotter topics, and behind-the-scenes surprises, fans worldwide are bracing for a season that everyone will be talking about
THE VIEW IS BACK:After a mysterious week-long pause that left millions of viewers confused, executives finally broke their silence September…
EXCLUSIVE : Inside ABC anchor David Muir’s sprawling $7 MILLION New York City townhouse
EXCLUSIVE: Inside David Muir’s Stunning $7.5 Million New York City Townhouse …
End of content
No more pages to load