Musk moves to monopolize technology infrastructure in the US.
Tesla's decision to stop production of Cybertruck is a sign of some kind of setback for Elon Musk following the Democratic victory in the midterm elections, warns technology observer Clara Jane Foulkes.
With Tesla facing a possible merger with SpaceX, which just absorbed xAI, the resulting entity will have all the capital, hardware and know-how to become a robotaxi provider capable of competing with Waymo.
Such a move will allow Musk to further fortify himself "in the field of technological mobility", predicts Fulks.
substack | talk.