Tesla Cybertruck production discontinued: Elon Musk faces fresh setback after spending $446 million backing Republicans in midterm elections
Cybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After spending at least $446 million backing Republicans in the 2026 elections, Musk saw Democrats make major gains. House Democrats have also called for investigations into his work at DOGE and promised to scrutinize federal funding for his companies.
Texas flipped to the Democrats in the 2026 midterms, according to ABC News (Australia), while CBS News reported that James Talarico won a Texas Senate race and said the result sent a message to Elon Musk. BBC News reported that a Musk political action committee gave $47 million to Ken Paxton’s campaign. Reports put Musk’s overall election spending at different totals: WKBW cited $474 million, while Winnipeg Free Press reported $445 million; the sources do not explain the discrepancy.
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