New registration data confirms what Electrek has been reporting for six months: Tesla’s Cybertruck sales are being propped up by Elon Musk’s other companies. SpaceX alone bought 1,279 Cybertrucks in Q4 2025 — 18% of every Cybertruck registered in the US that quarter.

Without those inter-company purchases, Cybertruck registrations would have fallen 51% year-over-year instead of the numbers Tesla reported.

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