The Cybertruck's Hilarious Failure Is A Dire Warning Of What Is To Come
It might pave the way for something even worse.
The giant rusting dumpster swasticar that is the Cybertruck is one of the largest automotive flops in history. It is a criminally ugly projection of just how moronic, ignorant and pathetic Elon Musk is. It is the vehicular form of halitosis. If the ‘ick’ could be personified on four wheels, it would be the Cybertruck. As such, it is the closest thing we have to a commercial male birth control. Considering its only target market is sci-fi-illiterate, emasculated, deeply sexually frustrated, doomsday-prepping divorced dads, its sales have been utterly woeful. I have addressed this subject before, so if, somehow, you don’t know the backstory, feel free to read my article here. But it turns out the Cybertruck’s downward spiral is much steeper than expected! Not only was it recently revealed that Musk has been quietly inflating the Cybertruck’s ‘sales figures’, but it turns out he might have been doing it significantly more than we thought. While this is a damning revelation for the Cybertruck and Tesla, that, sadly, isn’t really the issue at hand. It is the precedent it sets and what that means for the future of Musk’s little empire.
Registrations
By now, you have likely seen the headlines that roughly 20% of Cybertrucks sold in 2025 Q4 were ‘bought’ by SpaceX. This statistic comes from S&P Global, which found that of the 7,071 Cybertrucks registered in the US during 2025 Q4, 1,279 of them were delivered to SpaceX, while 60 others were delivered to Musk’s other companies, like Neuralink and xAI. So, to be accurate, 18.09% of Cybertrucks registered during this period went to Musk. That is equivalent to around $100 million worth of stock.
Why is this bad? Well, SpaceX doesn’t need that many Cybertrucks. They are likely just going to sit in a parking lot on SpaceX’s grounds and rust away. The ones that are used will probably be used for hauling engineers around — you know, a job a far cheaper and less brittle vehicle could manage. This stinks of Musk inflating the numbers by buying his own product.
The fact that this was done in secret, too, makes it all the worse. This is by far the largest fleet ‘order’ the Cybertruck has ever had! You’d think Tesla and SpaceX would be screaming from the rooftops about how good it all is. In fact, this ‘purchase’ was a related-party transaction, which occurs when any transaction, even without the exchange of funds, takes place between entities with common control or influence. Public companies, like Tesla, are required to disclose such transactions, particularly ones of this size, to maintain transparency and prevent corruption or manipulation. But no, in order for the public to become aware of this transaction, it required third-party analysis. So, this is at least damn suspicious, and at worst, illegal. Because I am no legal expert, I cannot say which.
This secrecy means we don’t know what was exchanged here, if anything at all, which is an important detail. Tesla may have simply donated SpaceX these trucks for functionally nothing, secretly wiping out $100 million worth of inventory. On the other hand, if SpaceX exchanged something of equal value, that would arguably be a gargantuan misuse of company funds. Either way, Musk’s role as CEO for either company is cast in serious doubt due to the colossal misuse of company funds and resources as well as the dire conflict of interest. This issue is horrific enough, but it is only amplified by SpaceX’s looming IPO, as it raises serious questions about what investor funds will actually be spent on.
And it gets worse.
On top of these 1,279 Cybertrucks being delivered to SpaceX, we also know that Tesla has absorbed a sizeable amount of Cybertruck inventory internally, adding them to its own servicing and production facility fleets. Again, these are jobs that the Cybertruck is arguably not suited for, and while we don’t know the exact figures, reports suggest that Tesla is internally assigning more Cybertrucks to its fleets than it needs. So, the actual number of Cybertrucks making their way to paying customers’ hands might be far lower than S&P Global has found.
Purchases, Not Registrations
This is where Cox Automotive comes in. Rather than tracking registrations, they count market purchases. In other words, they probably wouldn’t count Cybertrucks being shipped off to SpaceX or Tesla’s fleet as a sale. So, we can use Cox’s analysis as a way to accurately estimate how many Cybertrucks are actually making their way to paying customers’ hands and how many Musk is ‘buying’ himself.
Below is a graph of Cybertruck sales by quarter from Cox Automotive.
Before we dive into the question at hand, let’s first take a second to bask in the glorious inadequacy of these numbers. Musk wanted to sell 250,000 Cybertrucks a year by now, equivalent to 62,500 per quarter; yet, they are currently 94.4% below that target! The Cybertruck’s sales fell faster than any other EV in 2025, and that trend has only continued, with 2026 Q1 being its worst quarter since its official launch, with sales down 45% compared to 2025 Q1! These are the numbers of a vehicle begging to be discontinued.
Now, back to our question. Cox reported 4,140 Cybertruck sales in Q4 of 2025, compared to S&P Global’s 7,071 registered Cybertrucks for the same period. In other words, it looks like 2,931 units, equivalent to $205 million worth of inventory, or 42% of Cybertrucks registered in 2025 Q4, weren’t sold to paying customers. This discrepancy implies that in 2025 Q4, SpaceX acquired 1,279 Cybertrucks, Musk’s other venture acquired 60, and Tesla may have absorbed some 1,592 Cybertrucks internally.
Admittedly, I can’t claim that every single one of these 1,592 registered-but-not-sold Cybertrucks went to Tesla’s internal fleet. Maybe Musk is giving them for free to people he hates. Or maybe there is some weird purchasing method that bypasses Cox’s radar. All I can say is that these figures suggest Tesla is absorbing FAR more Cybertrucks than we believed, and that Musk seems to have effectively bought up to 42% of Cybertrucks registered in 2025 Q4. That is more than double the amount previously suggested!
Why?
This is an obviously hollow attempt by Musk to make the Cybertruck’s annual numbers look less embarrassing. But that hasn’t really been the effect. Even if this swizz hadn’t been uncovered, shifting 7,071 Cybertrucks per quarter would still be a total disaster for Tesla.
So, what has been the actual effect?
You would think S&P Global’s findings would have had a huge impact on both companies given the potential legal dubiousness of hiding these purchases, the impending SpaceX IPO and the increased scrutiny surrounding Musk’s role as Tesla CEO. It portrays Musk as a manipulative, deceitful leader who potentially illegally conceals a huge conflict of interest and misuses funds and resources to ostensibly enrich himself.
But no, Tesla’s share price hasn’t budged, and I can’t find a single article questioning whether investors should be worried about Musk using SpaceX to potentially ‘buy’ $100 million worth of vehicles he doesn’t need from himself.
This is why this transaction is so much worse than a crap attempt at making the Cybertruck look better than it is.
I fear Musk is testing the waters and setting a precedent.
In a previous article, I discussed how Musk could meet his $1 trillion pay packet targets without actually delivering any growth at all, and this debacle has paved the way for a few of them.
For example, the fourth target was for Musk to deliver one million Bots by 2035. Tesla defines “Bot” as “any robot or other physical product with mobility using artificial intelligence manufactured by or on behalf of the company” — yet, somehow, the company’s vehicles do not count. After putting this Cybertruck precedent in place, Musk could just create a million useless AI robots and have SpaceX, now flush with IPO proceeds, buy them all.
Likewise, the sixth target was to create a succession plan for the CEO position. Is it now possible that SpaceX will simply buy out Tesla? Or better yet, what if SpaceX only agrees to buy Tesla for the $8.5 trillion that Musk needs for his pay packet to be worth the reported $1 trillion?
I’m not saying this is what will happen. What I am saying is that a precedent has been set by Musk ‘selling’ a large number of Cybertrucks to his other companies without experiencing any legal or material consequences. The boundaries, rules, and social expectations that separate these corporations have been eroded away. This will enable Musk to create his own self-cronyism-flavoured circular economy, acting like a perpetual motion machine that produces nothing but still makes Musk more theoretically wealthy.
Musk is nothing but a grifter, and this mess reeks of a potential for future grifting. We should be pretty damn suspicious of what is going on with the Cybertruck, not because it is a hilarious failure, but because of what it might allow Musk to enact down the line.
Thanks for reading! Everything expressed in this article is my opinion, and should not be taken as financial advice or accusations. Don’t forget to check out my YouTubechannel for more from me, or Subscribe. Oh, and don’t forget to hit the share button below to get the word out!
The Ketamine NAZI asshole should be in prison for stealing all of our Social Security data!!!
Meanwhile, he’s in court making a fool of himself, lying under oath about whether or not he wanted OpenAI to switch from nonprofit to for profit.