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Wave Of Cybertruck Owners Report "Zero Ability To Charge" As Power Conversion System Nightmare Deepens

Zero Rss
3 months 1 week ago
Wave Of Cybertruck Owners Report "Zero Ability To Charge" As Power Conversion System Nightmare Deepens

For months, several auto news outlets and EV forums and auto-focused YouTubers have been tracking what some are calling a "hidden time bomb" inside Tesla's Cybertruck: a growing number of owner complaints linked to Power Conversion System failures.

The PCS failure, according to those reports, can paralyze charging and key electrical functions, in some cases leaving the roughly 7,000-pound stainless truck immobilized until service or replacement parts are available.

"Tesla is risking a backlash from Cybertruck owners affected by Power Conversion System (PCS) failures. This prevents trucks from using Level 2 (AC) charging. While Tesla is aware of these issues, it has only offered a fix on a case-by-case basis rather than issuing a recall to replace the faulty parts across the fleet," Autoevolution wrote in a report.

Here's where things get weird. The report continued:

Tesla fans are always happy that the EV maker has far fewer recalls than other carmakers. On the other hand, critics point out that Tesla prefers to deal with failures quietly by forcing owners to sign NDAs. This makes it appear that Tesla EVs have fewer problems than other car models. It also allows Tesla to address failures without notifying the NHTSA and issuing a recall.

For Cybertruck owners, this approach has become increasingly obvious during the past months. An unusually large number of Cybertruck owners have been affected by a wave of PCS failures that can prevent the truck from charging via AC. This negates one of the most important advantages of an EV: cheap overnight charging at home. The good news is that, in most cases, DC charging remains available.

Another report suggests that early 2024 and 2025 Foundation Series trucks are the most discussed, and there is concern that repairs could become expensive once the basic 4-year/50,000-mile warranty expires.

Auto blog Not A Tesla bluntly asked:

Where is the Recall?

Despite the clear pattern of failure affecting dozens of confirmed vehicles, and reports that some service centers proactively replace the PCS when trucks come in for unrelated tire or trim service, there is no official NHTSA recall or proactive owner notification specifically addressing the PCS hardware defect.

For now, early Cybertruck owners are left hoping their PCS either fails safely within the initial 50,000-mile warranty window or survives long enough for Tesla to officially acknowledge the defect and issue a sweeping recall.

What X users are saying:

Day 16
Cybertruck PCS2 failure, in for service
Started at 62% charge and is in low power mode
Now at 39% and expected 2 weeks more till parts arrive.
Who else has been waiting longer? pic.twitter.com/eOtrHztct5

— Gary - contractorsPOV⚡🦺 (@contractorsPOV) April 16, 2026

Sooo according to this my VIN is affected 😞
Hopefully I don’t ever see the issue and Tesla figures out how to fix it before it becomes a problem. https://t.co/IelPOzwVeH pic.twitter.com/OrmUbxnIup

— Tesla Owners of Kentucky (@KentuckyToc) April 24, 2026

@Tesla PCS2 Failure can leave you with zero ability to charge your vehicle.
It would be equivalent of someone putting a locking gas cap that can't be removed on a gas vehicle. When you run out, you're done.
Everyone with a Cybertruck should inundate Tesla service for an… pic.twitter.com/WK6LbufQJM

— Gary - contractorsPOV⚡🦺 (@contractorsPOV) April 10, 2026

Mine went into a failure mode last month. The replacement occurred this past week. They also replaced the Device Cluster and two harnesses. I did hear a service advisor mention a bulletin but I haven’t been able to find it in SI. My appointment was for Monday 3/2 and it was… pic.twitter.com/qzW3mnSXfR

— Scott Brown (@TechScottBrown) March 8, 2026

Guys, what’s wrong with my Cybertruck?

Am I cooked??? pic.twitter.com/ksoBEGfmym

— LilHumansBigImpact (@BigImpactHumans) April 15, 2026

Another one bites the dust. Cybertruck PCS failure.
Coolest part, 10 days for earliest appointment and it won't charge at a supercharger either.
I'm cooked 🫠 pic.twitter.com/j5wHCxym9S

— Gary - contractorsPOV⚡🦺 (@contractorsPOV) March 31, 2026

Tesla added free supercharging to my truck until July 20th.
Due to the PCS2 failure pic.twitter.com/v2KBWQEAlj

— Maaz Jilani (@Maazisrock) April 24, 2026

Good luck with a timely fix...  

I’m on week 8!!!

Cybertruck Owner Warning: AC Charging / PCS Failures & Backorders 🚨
If your Cybertruck’s home charging speed suddenly cut in half (or stopped completely), you are not alone. Widespread failures are hitting the Power Conversion System (PCS) / AC Converter.
🔴…

— Andreas Dettlaff (@AndreasDettlaff) June 30, 2026

YouTube channel The RED Review warned:

The Power Conversion System (PCS2) is quietly breaking down on Cybertruck owners across the country — bricking their trucks, killing AC charging, and leaving them with a $2,500+ repair bill that Tesla won't warn you about. There's no recall yet, and most owners have no idea it's happening.

Watch: Your Cybertruck Has a Hidden Time Bomb (PCS2 Failure)

And another report:

We hear that Tesla is providing free Supercharging to affected Cybertruck owners, and service staff have acknowledged this as a growing problem.  

Tyler Durden Tue, 06/30/2026 - 17:20
Tyler Durden

Midtown East loses its only homeless shelter as city shutters 35-year-old center

NY Post
3 months 1 week ago
City Hall insists it is tackling New York’s homeless crisis — but in Midtown East, it’s about to get worse. At the end of business Tuesday, the Mainchance homeless drop-in center — the sole homeless center in the neighborhood — will close for good, displacing dozens of the neighborhood’s most vulnerable residents. The city decided not...
Lauren Elkies Schram

Deflation Is Not The Villain - The Overleveraged Fiat System Is

Zero Rss
3 months 1 week ago
Deflation Is Not The Villain - The Overleveraged Fiat System Is

Authored by Nick Giambruno via International Man,

It is important to clarify something here.

While mainstream economists, the financial media, academia, and other gatekeepers of the rotten fiat currency system howl about the dangers of deflation, it is worth taking a moment to consider whether it is really such a bad thing.

First, it is important to define our terms.

The correct and true meaning of inflation is an increase in the money supply. So the correct and true meaning of deflation is a decrease in the money supply. But that is not what most people mean when they refer to deflation, because the money supply rarely contracts in a fiat monetary system. When most people say deflation, they mean a general fall in prices.

One of the biggest popular misconceptions in economics is that a general fall in prices is a "bad thing."

It is an enormous misnomer. Falling prices caused by increases in productivity are actually a good thing. Who does not want to see their money go farther?

Technology is naturally deflationary. It drives down costs, increases efficiency, and makes goods and services cheaper over time.

In an honest monetary system, that would mean falling prices and rising purchasing power. In other words, your money would buy more as technology advances.

But that is not how the current system is designed to work. In fact, it does the opposite. It is like running on a treadmill that keeps accelerating.

In a fiat currency system, deflationary increases in productivity are more than offset by inflation, which benefits people who own stocks, houses, and other assets that rise with inflation, and hurts those who depend on wages denominated in the debased currency.

In short, in a fiat currency system, the benefits of deflationary technology primarily accrue to asset holders, because the forced inflation created by central banks pumps up asset values.

If we were living under an honest, hard-money monetary system, where the benefits of technology would not be offset by central banks debasing the currency, those gains would accrue more evenly across the population.

That is why I think the chart below is instructive.

It is a long-term view of real wages versus productivity.

The two tracked together well for decades, showing that as productivity increased, real wages did too. In other words, most people benefited from increases in productivity through higher real wages.

Then something changed around 1971, when that strong positive correlation broke. It was the year the US government cut the dollar's last link to gold and the dollar became a pure fiat currency.

Since 1971, there has been a growing gap between productivity and real wages.

If you could transport yourself back to the early 1970s, just as the divergence between productivity and real wages began, and ask people what they thought 2026 would look like, they might have said something like The Jetsons - flying cars, advanced technology, and a society in which everyone was better off.

They probably would not have believed you if you told them that, in reality, people would be worse off in many ways in 2026 than they were in the early 1970s, despite enormous technological progress. We may not have flying cars or The Jetsons, but there have still been significant advances. Yet people's standard of living has declined in many ways.

Today, many people are bewildered by how people could be worse off now than they were then. The answer is in this chart, which shows that the fiat system and currency debasement are the problem.

Despite advances in technology, the shocking level of currency debasement has not merely kept pace with the natural deflation that comes from increased productivity, but has vastly outpaced it... which is why people are, in many ways, worse off today than they were in the early 1970s. That prosperity has been stolen by inflation and fiat currency.

Since 1971, productivity has continued to increase, largely thanks to advances in technology, but those gains have not translated into growth in real wages as they had in the past under an honest money system. That is because under a fiat currency system, the central bank - the Federal Reserve - has created significantly more inflation than the gains in productivity, which meant real wages did not keep up.

However, those productivity gains from advancing technology did not just disappear. They were redirected somewhere else. They accrued primarily to asset holders, as wage earners chased rapidly depreciating fiat currency.

In short, the fiat currency system is a mechanism for transferring wealth created by technological productivity gains to asset holders and politically connected insiders closest to the money printer.

Frankly, it is a disgusting, dishonest system that operates at the expense of honest people.

But that is the nature of the monetary system we are all forced to live under. And it is wise to acknowledge it, understand it, and take action to protect yourself.

And now, with AI bringing a mind-bending level of productivity gains, this dynamic is about to go into overdrive.

I suspect we will see the gap in the chart above explode even further as AI, and future breakthrough technologies, produce the biggest productivity gains in human history, even as the US government is forced to create the largest amount of inflation in history to try to keep the debt-ridden fiat system going in the face of this historic disruption.

In other words, as technology becomes exponentially more deflationary and debt grows exponentially larger, the central bank's response will have to become exponentially more aggressive.

That means more debasement of your purchasing power to fight the very force that should be making your life cheaper.

Clearly, you want to be an asset owner in this environment so you can protect yourself from currency debasement and also benefit from tech-driven productivity gains.

But what assets should you own? I will get to that soon.

If we lived under an honest monetary system anchored in hard-to-produce money like gold, I think there would be far fewer worries about AI automation and disruption. That is because we would not live under a debt-ridden fiat system in which the government is forced to debase the currency. That would mean increases in productivity from technology would benefit far more people, as their money would go farther, prices would generally fall, and the cost of living would decline. And the government would not try to offset that with inflation.

In such a world, I do not think AI would be nearly as controversial, because it would be seen as making the average person wealthier by reducing the cost of living.

So technological deflation that increases productivity and lowers prices is most certainly not a bad thing, as the fiat economists would have you believe. It is a wonderful thing and should create more abundance and make most people wealthier... in an honest monetary system.

That is why the whole framing around this issue needs to be challenged. It is not technology that is the problem. It is the fiat currency and the highly leveraged system that is the problem.

It is also why you see charlatans promote things like universal basic income (UBI) as a solution to the supposed AI problem.

The solution to the non-problem of technological increases in productivity is most certainly not a UBI, but rather an honest hard-money monetary system in which everyone generally benefits from increases in productivity - not just asset holders and politically connected insiders closest to the money printer.

Throwing the plebs a few crumbs with a UBI to help prop up a failing debt-based fiat currency scam is not a real solution. But thankfully, there is a real solution.

It starts with understanding the monetary, economic, and political forces driving this crisis - and taking practical steps before the next major wave of instability hits.

The fiat system is already under enormous pressure from sky-high debt, endless money printing, and accelerating technological disruption. The people who understand what is happening will be in a far better position than those who are blindsided by it.

That is why I put together a free special report focused on practical solutions - the top three strategies to help protect your money, preserve your freedom, and prepare for what comes next.

Tyler Durden Tue, 06/30/2026 - 17:00
Tyler Durden

Buffett Delays Midyear Donation To Gates Foundation Amid Epstein Controversy

Zero Rss
3 months 1 week ago
Buffett Delays Midyear Donation To Gates Foundation Amid Epstein Controversy

Warren Buffett has funneled roughly $48 billion into the Gates Foundation from 2006 to 2025, typically through annual midyear transfers of Berkshire Hathaway shares. However, this year, for the first time in two decades, Buffett is reportedly delaying his usual donation as he waits for the outcome of a review into the foundation's ties to the late sex offender Jeffrey Epstein, according to a new Wall Street Journal report.

The delay comes as Buffett's relationship with Gates, a longtime friend, has reportedly become strained since the release of Justice Department files related to Epstein.

Buffett said in March that he had not spoken with Gates since the files were released and wanted to see what else emerged before making his annual giving decision.

WSJ noted:

Whatever decision Buffett makes, it isn't expected to affect his annual contributions to his family's foundations, including those run by his three children and the Susan Thompson Buffett Foundation, named after his first wife, according to the people familiar with the matter.

This year, a series of DoJ documents sparked scrutiny of Gates's ties to Epstein. He recently appeared at a congressional hearing and said that his meetings with Epstein were "a grave error in judgment."

Bill Gates with an unidentified but manifestly well-proportioned brunette number, in a photo from the Epstein files (House Oversight Committee)

Related:

Bill Gates with an unidentified but manifestly well-proportioned brunette number, in a photo from the Epstein files (House Oversight Committee)

WSJ recently reported that the Gates Foundation slashed 500 jobs, or about 20% of its staff, as the left-wing NGO has come under fire for Gates' ties to Epstein. Back in February, Gates pulled out as a keynote speaker at a high-profile global AI summit in India.

The Gates Foundation CEO recently told employees during a town hall event that the Gates-Epstein relationship had deeply tarnished the nonprofit's reputation, according to a Financial Times report.

But it is not just the Gates-Epstein ties that Buffett should be concerned about. Late last year, the Gates Foundation had to publicly sever ties with philanthropic adviser Arabella Advisors, which engineered a sprawling "dark money" network of nonprofit entities, including the New Venture Fund, Sixteen Thirty Fund, Hopewell Fund, and Windward Fund, that continues to wage color-revolution-style operations against President Trump.

All in all, it is not looking great for the Gates Foundation.

Tyler Durden Tue, 06/30/2026 - 16:40
Tyler Durden

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