Musk Firms Account for 19% of Q4 Cybertruck Registrations

Elon Musk's companies, led by SpaceX, accounted for nearly one in five Tesla Cybertruck registrations in the United States during the fourth quarter of 2025, a period when overall sales for the electric pickup fell short of expectations. Data from S&P Global Mobility shows that of 7,071 Cybertrucks registered nationwide from October to December, SpaceX registered 1,279 vehicles, while xAI, Neuralink, and The Boring Company added 60 more, totaling about 19 percent of the quarter's figures. These purchases, valued at more than $100 million based on the vehicle's starting price of around $70,000, continued into early 2026 with another 225 units registered in January and February.

The intercompany transactions appear to have bolstered Tesla's reported numbers at a time of weakening consumer demand. Without them, Cybertruck registrations would have declined 51 percent from the previous year. Photographs and videos from SpaceX's Starbase facility in Texas depict rows of the angular vehicles parked unused, though some have been deployed as security or support units. Wes Morrill, Tesla's Cybertruck lead engineer, confirmed in October 2025 that SpaceX was replacing its gasoline-powered...