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Thursday, July 23, 2026

Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

Tesla is no longer planning to reach “volume production” of three of its newest products — the Cybercab, the Tesla Semi, and its Megapack 3 commercial energy-storage solution — in 2026, according to a second-quarter shareholder letter published Wednesday. The company also removed language from its …

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