Musk said Tesla (TSLA.O) has a Cybertruck order backlog well above current production capacity; around June or July next year the company will dismantle existing production lines to expand Cybercab output.

People familiar said OpenAI has received about $11 billion as the first tranche of a new funding round that values the company at $1.25 tln. The round could total up to $20 bln, with remaining funds expected in coming weeks. The company had earlier aimed to raise at least $30 bln at a $1.4 tln valuation but scaled back its target. In March it completed $122 bln of financing at an $852 bln valuation.

Loud explosions were heard in Kyiv, Ukraine's capital, on the 7th (local time).