Tesla will stop making the Cybertruck in 2027, CEO Elon Musk said Friday. The decision comes after roughly 71,000 units sold since first deliveries began in November 2023, far below the 1 million reservations Musk announced during a 2023 earnings call. Senior reporter Sean O'Kane noted that the vehicle failed to meet two key promises: a 500-mile range and a sub-$40,000 price tag.
Meanwhile, autonomous drone delivery startup Zipline announced a $1.5 billion funding round, bringing its valuation to $21.5 billion. The company plans to expand its partnership with Walmart by adding 300 drone delivery sites across the United States. Zipline had previously raised $600 million early in 2026 and added another $200 million to that Series H round.
Electric truck startup Harbinger raised $240 million in a Series D round as it expands into battery storage and defense applications. Humble Robotics raised $51 million in a Series A round less than a year after founding, with Obvious Ventures leading the round and participation from Eclipse and Energy Impact Partners.
Serve Robotics announced a new business line called Physical AI Services, while continuing to expand its autonomous delivery operations and becoming a technology supplier to other robot makers. Waymo confirmed it will end its exclusivity with Uber in Austin and Atlanta starting in January 2028.
Static Media acquired automotive news site CarScoops, adding to its portfolio of 34 brands including Engadget and Jalopnik.