SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Tesla China confirmed no Cybertruck sales are planned for January despite recent filings and rising speculation. Challenges include regulatory hurdles, limited pickup market size, and speed restrictions.
Tesla Dismisses Cybertruck Sale Speculations for January 2025
According to a Tesla China representative who spoke with the National Business Daily (via CnEVPost), the speculations that the Cybertruck will go on sale in China on January 1, 2025, are not true.
A representative from Tesla China also stressed that the company has "no such plans" to begin selling the Cybertruck in China as of next month.
Mystery Surrounding Cybertruck's Revoked Filing
This month, rumors began circulating that Cybertruck was planning to join the Chinese market. Tesla had submitted an application to the Chinese Ministry of Industry and Information Technology (MIIT) for a Cybertruck energy consumption assessment.
On December 11, the Cybertruck was accredited with an automobile energy consumption badge by the MIIT, designating it as an M1 passenger car with a 618 km range. However, Teslarati points out that the reasons behind the revocation of this file remain a mystery.
Cybertruck Trim Levels Revealed on Tesla's Chinese Website
The three Cybertruck trim levels were most recently detailed on Tesla's Chinese website.
There are significant market limitations for pickup trucks in China, even electric ones. On highways, their speed is restricted, and after fifteen years of service, they must be scrapped.
Pickup Truck Sales Lag Behind Passenger Vehicles in China
Sales of pickup trucks in China were a meager 427,000 units between January and October of 2024, according to the China Passenger Car Association (CPCA).
On the other hand, 17.84 million units of passenger cars, including sedans, SUVs, and MPVs, were sold over the same time frame.
Attention the Cybertruck garnered during its tour of China earlier this year is indicative of the country's interest in the vehicle.
In a previous post on X, Elon Musk, CEO of Tesla, had mentioned the difficulties of getting the Cybertruck road legal in China, saying:
