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FL Frederic Lambert On Electrek

“Tesla has transitioned from an automaker looking to accelerate the advent of electric transport to this abundance company now that's focused all on AI stuff. … Now that Cybertruck is dead, a lot of Tesla shareholders have to reassess. Maybe I need to accept the reality that Tesla is really just this Cybercab company now.”

Electrek · Climate & Energy · November 2026

“Tesla has transitioned from an automaker looking to accelerate the advent of electric transport to this abundance company now that's focused all on AI stuff. … Now that Cybertruck is dead, a lot of Tesla shareholders have to reassess. Maybe I need to accept the reality that Tesla is really just this Cybercab company now.” — Frederic Lambert, Electrek

Context

A viewer asked whether the Cybertruck cancellation was really about building something else. Lambert, after noting Tesla's stock fell on the AI trade and the election results, says what he thinks the cancellation signals about the company.

Transcript

Electrek Around 29:56 into the episode
Frederic Lambert

Yeah.

Seth Weintraub

…he was killing the Model SX to build robots? Elon, where's my robot? Now Elon kills the cyber truck to build cyber taxi. Anyone else smell bull? What's the, I mean, I feel like the announcement of the cyber truck, we didn't talk about, but I think the stock is up today, which seems weird. Yeah,

Frederic Lambert

…Wave in the US, like there was a lot of things happening. So I think it was maybe just like correcting the correction. More than anything else, I mean, financially speaking, it's probably the right move, too. It's probably Tesla is doing the right move, I would think. But it's, I think it's also becoming clearer to clearer to people. Something that we've been seeing at Electric for years is that Tesla has transitioned from an automaker looking to accelerate the advent of electric transport to this abundance company now that's focused all on AI stuff. So it's, I think, I think it's for people that we've made our word pitch. No, when you mourn, we mourn the whole Tesla already, but I think there's a lot of people that still thought of Tesla as like they can still dominate this space. Like I will give you an example: Omar, Walmart, Walmart's blog, whatever is his name on Twitter, you know, the de facto like Tesla propagandist said he thought…

Seth Weintraub

Yeah. All right. Moving on. Where's my 620 miles range roadster? Yeah, don't see it.

Frederic Lambert

Yep.

Seth Weintraub

But it flies. They ought to have made an F-150 style truck too. Yeah, we talked about that. Elon was always planning to smuggle cocaine to Europe. I believe that was DeLorean, wasn't it? In the body panels of the cyber trucks, but now he now he fears Dems would catch him in investigations.

Speaker names come from our own diarization. The position is estimated from where the line sits in the episode.

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