Overview
- S&P Global Mobility data reported Thursday by Bloomberg shows SpaceX registered 1,279 Cybertrucks in Q4 2025, with Musk-linked companies totaling 1,339 of 7,071 U.S. registrations.
- Analysts using the same dataset say Cybertruck registrations would have fallen 51% year over year in Q4 without those inter-company buys.
- Musk’s companies kept buying in early 2026 with 158 registrations in January and 67 in February, a haul worth over $100 million at Q4 prices.
- Industry figures show U.S. Cybertruck sales dropped about 48% in 2025 to just over 20,000 units, underscoring weak consumer demand versus early projections of 250,000 a year.
- Tesla launched a cheaper AWD trim in February, then raised the listed price and delayed delivery timing, making Q2 the first full-quarter gauge of demand at the lower entry point.