IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Netflix Nearing Major Deal to Acquire Warner Bros Discovery Assets 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
Bristol Myers Faces $6.7 Billion Lawsuit After Judge Allows Key Shareholder Claims to Proceed 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
Drone footage reveals Tesla's Giga Texas is ramping up Cybertruck production, with rows of the striking vehicles lined up, preparing for mass deliveries as Tesla accelerates its manufacturing pace.
Tesla Giga Texas Boosts Cybertruck Output
Stainless steel vehicles are arranged in neat rows outside of Tesla's gigafactory in Texas, as captured by drone footage shot by YouTuber Joe Tegtmeyer. The vehicles are waiting for their deliveries. It was supposedly recorded on the morning of August 23.
Drone footage shot by Joe Tegtmeyer of Tesla's gigafactory in Texas reveals an impressive array of stainless steel automobiles patiently lining up outside the facility, ready for their arrival. It was supposedly recorded on the morning of August 23.
Cybertrucks Ready for Delivery
Along with the video, the YouTuber posted a photo showing fifty Cybertrucks lined up in a row at the manufacturing site, captioning it, "The Cybertruck Armada has activated." Wes Morrill, the lead engineer for Cybertruck, also shared the photograph.
As of this writing, Benzinga has not heard back from Tesla on their request for comment.
The Cybertruck was first delivered by Tesla in November 2023, and the company is already increasing manufacturing in preparation for a 250,000 unit delivery in 2025. According to Elon Musk, CEO of Tesla, the main problem with increasing Cybertruck deliveries is manufacturing, not demand.
Kelley Blue Book forecasts that in the second quarter of 2018, 8,755 Cybertrucks were sold in the United States, up from 2,803 in the first quarter.
Tesla Aims for 2,500 Cybertrucks Weekly
During Tesla's annual shareholder meeting in early June, Musk announced that the company had reached a weekly manufacturing pace of 1,300 Cybertrucks. He also mentioned that the company's goal for the year is to raise it even more, reaching 2,500 units by the end of the year.
Last month, Tesla announced that the manufacture of cybertrucks is on schedule to reach profitability by year's end.
