The Tesla Cybertruck Contract Saga: From High Hopes to Realignment
Key Takeaways The U.S. Department of State initially planned to award Tesla a $400 million contract for armored Cybertrucks. The negotiations for this contract began under the Biden Administration. NPR reported that the contract funding was revised to $483,000 for EVs and $3 million for supporting equipment. Questions arose about how the proposed funding jumped…