SpaceX acquired 1,279 Cybertrucks in the fourth quarter of 2025, absorbing more than 18% of Tesla‘s entire US volume for the period, according to registration data from S&P Global Mobility reported by Bloomberg on Thursday.
Elon Musk’s SpaceX, was the single largest identifiable buyer of the angular stainless-steel pickup in the quarter, with other Musk-controlled ventures acquiring an additional 60 units.
Combined purchases by the billionaire’s companies accounted for 1,339 of the 7,071 Cybertrucks registered in the US between October and December — roughly 19% of the total.
The disclosure sharpens concerns that the Cybertruck is failing to find broad appeal among US buyers more than two years after its launch, with internal purchases by Musk’s ecosystem propping up headline figures during a period of slowing external demand.
A documentary posted last year by the ‘NASA Space Flight’ YouTube channel, focused on SpaceX operations, showed dozens of Cybertrucks parked and being delivered at company facilities.
Tesla‘s dedicated Cybertruck account on X commented on the post by saying, “Should be called Cyberbase tbh.”
Q1 Deepens the Slump
The Q4 buying pattern preceded the steepest quarterly decline on record.
Tesla delivered 3,519 Cybertrucks in the US in the first quarter of 2026 — the lowest figure since deliveries began in November 2023, according to Cox Automotive data.
The result marked a 45.1% drop from 6,406 units in the same period a year earlier and a 15% decline from 4,140 units in the fourth quarter of 2025.
The deterioration came amid the February launch of a cheaper Cybertruck trim priced from $59,990, which has seen strong order books but whose first deliveries are scheduled to begin only in June.
Tesla sold just over 20,300 Cybertrucks in the US in 2025, a 48.1% decline from the prior year.
The figure represented 8.1% of the 250,000-unit annual production run Musk had forecast in 2019 when he first unveiled the model.
Q1 Total US Sales
Tesla disclosed global vehicle deliveries of 358,023 units in the first quarter, up 6.3% year-on-year but roughly 7,000 short of the analyst consensus of 365,645 the company had published the prior week.
US deliveries reached 117,300 units, or 32.8% of the global total, per Cox Automotive.
Of those, Tesla sold 78,591 Model Y units and 31,672 Model 3 units in the US. The Model S, Model X and Cybertruck — all built exclusively in the US and therefore less exposed to international demand — accounted for 7,037 US registrations combined.
The Model S and Model X figures were influenced by Tesla‘s decision to end production of both flagship sedans on March 31, announced on the January earnings call.
The Cheaper Trim Delay
Tesla introduced the new entry-level Dual-Motor All-Wheel Drive Cybertruck in February at $59,990. After Musk hinted at a price increase, demand surged and the trim is now listed from $69,990 following a confirmed $10,000 rise.
First deliveries were originally scheduled for June, but orders placed as of Monday are now estimated to arrive in 2027. The higher-trim Premium AWD and Cyberbeast variants, priced from $79,990 and $99,990 respectively, show delivery windows of 10–12 weeks.
The new entry trim shares the 325-mile EPA range of the other variants but trades away cabin equipment, including the premium interior, a full center console and the full speaker array. Tesla has applied a similar specification-split approach to the Model Y and Model 3 standard variants introduced late last year.
An earlier attempt to expand the Cybertruck’s addressable market — the Long Range Rear-Wheel Drive trim priced at $69,990 — was launched in early 2025 and discontinued by September after disappointing demand.
That variant predated the termination of the $7,500 federal EV tax credit on September 30.
Lineup in Transition
Musk described the Cybertruck earlier this year as “the best vehicle Tesla has ever made so far.”
The company has recently said it plans to transition to a fully autonomous Cybertruck line with the potential to be deployed in commercial delivery fleets.
On X last week, Musk noted that the Cybertruck rear bench seats three and accommodates three child seats.
Asked whether Tesla would build a minivan, he replied that “something way cooler than a minivan is coming,” without specifying the reference.
Tesla management has repeatedly said the company will not launch any new vehicles other than fully autonomous models and the forthcoming Roadster.
A recent Reuters report cited sources saying Tesla is developing a compact electric SUV smaller and cheaper than the Model Y.
The Cybertruck is also available in select Middle Eastern and Asian markets. US production capacity at Gigafactory Texas stands at 125,000 units annually.
