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Business Insider Africa·Nov 7, 202651 signal

World's first trillionaire Elon Musk to wind down Tesla's Cybertruck production after 48% sales plunge, missing chance to enter Africa's growing EV market

Tesla will begin winding down production of its Cybertruck around mid-2027 as billionaire CEO Elon Musk shifts the electric vehicle makers focus towards driverless taxis, following years of disappointing sales for the futuristic pickup. | Business Insider Africa

BusinessTSLA
Business Insider·Nov 7, 202645 signal

It's not just the Cybertruck. America's big electric-truck bet fell apart.

By Ben Shimkus You're currently following this author! Click to unsubscribe from email alerts. Kyle Grillot/Bloomberg via Getty Images, Ben Shimkus/Business Insider In the early 2020s, automakers promised big electric trucks. They've failed to meet expectations. 2026-11-07T11:01:01.229Z On paper, EV trucks made sense:

Business
bloomingbit·Nov 7, 202651 signal

Suspicious Trade Detected in US Midterm Prediction Market as $200,000 Bet Lands Just Before Poll Release

A **roughly $200,000 bet** on Pete Ricketts winning was detected on Polymarket, a prediction market tied to the U.S. midterm elections, one hour before a poll was released. The user reportedly made a **$77,000 profit** on the Ricketts bet and repeated the pattern in Michigan's Senate race with a **roughly $622,600 bet** on Abdul El-Sayed to win. Researchers said the repeated **large bets** placed just before poll releases are fueling suspicions of nonpublic information use, while Brett Goldstein said **further investigation is needed**.

Business