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Tesla Giga Texas lot 2 March 21 2025
Satellite image of second Giga Texas parking lot, March 21, 2025 (Sherwood News, SkyFi)

Look at all the Cybertrucks stashed outside Tesla’s factory in Texas

We count more than 500, which is roughly 1% of the entire number of Cybertrucks owned in the US. That’s a lot of stainless steel that can’t survive a car wash.

Cybertrucks represented 5% of all US Tesla sales last quarter, but they make up a huge portion of the inventory piled up outside Giga Texas, the factory where they’re produced. Our analysis of satellite imagery of the production facility suggests that about half the vehicles in the main production lots appear to be Cybertrucks.

That’s likely because the stainless steel trucks, despite recently becoming less expensive, have proven especially difficult to sell as CEO Elon Musk has taken on a more controversial role in the US government and the brand has become increasingly unpopular. The company is sitting on about $200 million worth of Cybertruck inventory, Electrek reported earlier this month.

By our count, there are more than 500 Cybertrucks — which amounts to more than 1% of the number of Cybertrucks owned in the US — being stored on lots at Giga Texas. Here’s a view of the the main parking lot there, where new vehicles reside before they’re shipped off to customers:

Tesla Giga Texas lot March 21 2025
Satellite image of second Giga Texas parking lot, March 21, 2025 (Sherwood News, SkyFi)

Here’s a second major inventory lot, which appears to be mostly Cybertucks.

Tesla Giga Texas lot 2 March 21 2025
Satellite image of second Giga Texas parking lot, March 21, 2025 (Sherwood News, SkyFi)

Since the Cybertrucks began coming off the line just over a year ago, Tesla has sold fewer than 50,000 of the vehicles in the US — something we know from government data after the vehicle’s eighth recall last month. The 6,406 the company sold in Q1 is also about half of what it sold a quarter earlier, according to data from Cox Automotive, when the truck was less of a political lightning rod. By any accounting, the Cybertruck’s numbers are far fewer than the 1.5 million preorders it originally had.

Tesla didn’t immediately respond to a request for comment.

Today, Business Insider reported that Tesla is reducing Cybertruck production and reallocating employees to work on the much better-selling Model Y lines instead, though it should be noted that Tesla’s total sales are down significantly.

As a result of the excess of Cybertrucks already produced, they’re starting to pop up in parking lots around the country as well. Tesla also seems to be using these idle Cybertrucks to tow around Model Ys as a form of advertising.

Let us know if you see any more Cybertrucks hiding in plain sight.

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Meta projected 10% of 2024 revenue came from scams and banned goods, Reuters reports

Meta has been making billions of dollars per year from scam ads and sales of banned goods, according internal Meta documents seen by Reuters.

The new report quantifies the scale of fraud taking place on Meta’s platforms, and how much the company profited from them.

Per the report, Meta internal projections from late last year said that 10% of the company’s total 2024 revenue would come from scammy ads and sales of banned goods — which works out to $16 billion.

Discussions within Meta acknowledged the steep fines likely to be levied against the company for not stopping the fraudulent behavior on its platforms, and the company prioritized enforcement in regions where the penalties would be steepest, the reporting found. The cost of lost revenue from clamping down on the scams was weighed against the cost of fines from regulators.

The documents reportedly show that Meta did aim to significantly reduce the fraudulent behavior, but cuts to its moderation team left the vast majority of user-reported violations to be ignored or rejected.

Meta spokesperson Andy Stone told Reuters the documents were a “selective view” of internal enforcement:

“We aggressively fight fraud and scams because people on our platforms don’t want this content, legitimate advertisers don’t want it, and we don’t want it either.”

Per the report, Meta internal projections from late last year said that 10% of the company’s total 2024 revenue would come from scammy ads and sales of banned goods — which works out to $16 billion.

Discussions within Meta acknowledged the steep fines likely to be levied against the company for not stopping the fraudulent behavior on its platforms, and the company prioritized enforcement in regions where the penalties would be steepest, the reporting found. The cost of lost revenue from clamping down on the scams was weighed against the cost of fines from regulators.

The documents reportedly show that Meta did aim to significantly reduce the fraudulent behavior, but cuts to its moderation team left the vast majority of user-reported violations to be ignored or rejected.

Meta spokesperson Andy Stone told Reuters the documents were a “selective view” of internal enforcement:

“We aggressively fight fraud and scams because people on our platforms don’t want this content, legitimate advertisers don’t want it, and we don’t want it either.”

$350B

Google wants to invest even more money into Anthropic, with the search giant in talks for a new funding round that could value the AI startup at $350 billion, Business Insider reports. That’s about double its valuation from two months ago, but still shy of competitor OpenAI’s $500 billion valuation.

Citing sources familiar with the matter, Business Insider said the new deal “could also take the form of a strategic investment where Google provides additional cloud computing services to Anthropic, a convertible note, or a priced funding round early next year.”

In October, Google, which has a 14% stake in Anthropic, announced that it had inked a deal worth “tens of billions” for Anthropic to access Google’s AI compute to train and serve its Claude model.

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