Elon Musk has shared footage of the Tesla Cybertruck as he looks to show consumers the fabled electric vehicle is close to becoming a reality.
The billionaire owner gave a glimpse of the futuristic SUV at the car maker's new engineering headquarters in Palo Alto, California — complete with disco surroundings and dance music.
Tesla has no shortage of products in the pipeline, including its Semi goods vehicle and Optimus robot.
But it is the blocky, unconventional vehicle with a "nearly impenetrable exoskeleton" and armoured glass that caught the public's imagination when it was first unveiled in 2019.
Since then, it and other Tesla vehicles have been delayed.
In October, Mr Musk said the company was in the “final lap” of work on the Cybertruck.
There has been much speculation over the price of the vehicle, which Mr Musk originally set the cost at $39,900. Since then, other Tesla vehicles have risen in price.
On Wednesday, California Governor Gavin Newsom joined Mr Musk in announcing the launch of the new headquarters, which is located in one of computer maker Hewlett Packard (HP)'s original locations.
Mr Newson called the launch “another proof point of the renewable energy vibrancy that is California”.
In an interview with CNBC, Mr Musk said: “This was HP’s original headquarters, and so I think it’s a poetic transition from the founders of Silicon Valley to Tesla and we’re very excited to make this our global engineering headquarters.”
Last week, Elon Musk appeared at the World Government Summit in Dubai to speak about his concerns over artificial intelligence, his search for a new Twitter boss - and why we're probably alone in the universe.
UAE currency: the story behind the money in your pockets
In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
UAE currency: the story behind the money in your pockets
One in four Americans don't plan to retire
Nearly a quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of ageing in the workforce.
Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.
According to the poll from The Associated Press-NORC Centre for Public Affairs Research, 23 per cent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday.
According to government data, about one in five people 65 and older was working or actively looking for a job in June. The study surveyed 1,423 adults in February this year.
For many, money has a lot to do with the decision to keep working.
"The average retirement age that we see in the data has gone up a little bit, but it hasn't gone up that much," says Anqi Chen, assistant director of savings research at the Centre for Retirement Research at Boston College. "So people have to live in retirement much longer, and they may not have enough assets to support themselves in retirement."
When asked how financially comfortable they feel about retirement, 14 per cent of Americans under the age of 50 and 29 per cent over 50 say they feel extremely or very prepared, according to the poll. About another four in 10 older adults say they do feel somewhat prepared, while just about one-third feel unprepared.
"One of the things about thinking about never retiring is that you didn't save a whole lot of money," says Ronni Bennett, 78, who was pushed out of her job as a New York City-based website editor at 63.
She searched for work in the immediate aftermath of her layoff, a process she describes as akin to "banging my head against a wall." Finding Manhattan too expensive without a steady stream of income, she eventually moved to Portland, Maine. A few years later, she moved again, to Lake Oswego, Oregon. "Sometimes I fantasise that if I win the lottery, I'd go back to New York," says Ms Bennett.
