Elon Musk Can’t Legally Sell The Tesla Cybercab As Promised

ForbesWednesday, November 19, 2025 at 11:30:00 AM
Elon Musk Can’t Legally Sell The Tesla Cybercab As Promised
  • Elon Musk's plan to produce the steering wheel
  • This situation poses significant challenges for Tesla's innovation strategy and its ability to deliver on promises made to consumers and investors.
  • The development highlights ongoing regulatory complexities in the electric vehicle market, especially as Tesla recently secured a permit to operate as a transportation network company in Arizona, indicating a shift towards ride
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Fuel And Energy Prices Up Across The Board
NegativeFinancial Markets
Fuel and energy prices are on the rise this year, contradicting earlier claims of stability. The increases in diesel and electricity prices are particularly alarming, raising concerns about the economic impact on consumers and businesses alike.
Trump Urges Federal AI Regulation—To Combat ‘Woke’ State Laws
NegativeFinancial Markets
Donald Trump has called for federal regulation of artificial intelligence (AI) to counteract what he describes as 'woke' state laws. This statement follows his warning that overregulation at the state level poses a threat to the growth of AI technologies.
Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal
PositiveFinancial Markets
Saudi Arabia has entered into a partnership with Elon Musk's artificial intelligence company, xAI, to establish a data center in the kingdom. This collaboration aims to enhance Saudi Arabia's technological infrastructure and support its ambitions in the AI sector. The deal signifies a growing interest in AI technologies within the region, aligning with the country's broader economic diversification goals.
Google Cofounder Larry Page Overtakes Bezos For World’s Third Richest After Gemini 3 AI Model Announcement
PositiveFinancial Markets
Larry Page, cofounder of Google, has surpassed Jeff Bezos to become the world's third richest person following the announcement of the Gemini 3 AI model. Page's wealth increased by approximately $7.6 billion, while Sergey Brin, also a cofounder, gained around $7 billion. This shift in rankings highlights the financial impact of advancements in artificial intelligence.
Tesla Robotaxi makes a move to fulfill big Elon Musk promise
PositiveFinancial Markets
Tesla investors have shown strong support for CEO Elon Musk, with approximately 75% voting in favor of a groundbreaking pay package that could potentially reward him with $1 trillion if he significantly increases the company's value. This decision reflects the confidence shareholders have in Musk's vision for Tesla's future.
Disney's Theme Park Claims In Doubt As Summer Season Revenue Repeatedly Hits Year-Long Low
NegativeFinancial Markets
Doubts have arisen regarding the accuracy of Disney's financial documents, as it was revealed that the revenue from its theme parks division reached the lowest level of the year during the summer season for the past two consecutive years. This contradicts the company's claims in its filings that revenue typically increases during this period.
Target Predicting Weak Holiday Sales As Consumer Angst Weighs On Season
NegativeFinancial Markets
Target has expressed concerns that holiday sales will not be sufficient to reverse a challenging year for the retailer. The company is facing significant consumer anxiety, which is expected to impact spending during the holiday season.
Musk’s xAI Plans 500 Megawatt Data Center in Saudi Arabia
PositiveFinancial Markets
Elon Musk announced that his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia in collaboration with Humain, the kingdom’s state-backed AI venture. The announcement was made during a US-Saudi investment forum in Washington, where Musk was joined by Nvidia CEO Jensen Huang, indicating a significant partnership in the AI sector.