TechCrunch Top 3

Musk says Tesla will refund some Cybertruck deposits, defends decision to end production: Elon Musk defended the company's decision to stop making the Cybertruck, which will go out of production in around 8 months. Read More

Nvidia will investigate CEO Jensen Huang’s relationship with possible Chinese spy: In a memo to the company, Huang admitted that he had an affair. Read More

Sequoia partners reportedly blindsided when Roelof Botha joined SpaceX board: A new report claims Sequoia's recent changes undo the legacy of the firm's former steward. Read More

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Morning Must-Reads

Is Jensen Huang’s job on the line? Yale’s Jeffrey Sonnenfeld estimates it’s “about a 50-50”: Nvidia’s board is investigating Jensen Huang over his relationship with a suspected Chinese spy, and Yale’s Jeffrey Sonnenfeld thinks it’s roughly a coin flip whether Huang stays on as CEO. Read More

SNL has a new impression of Elon Musk, ‘the worst thing South Africa has ever done’: SNL seems to have its knives out for tech executives. Read More

Meta expands Instagram's AI age-guessing tech globally: Meta says it will use its AI technology to look for clues about people it suspects to be teenagers — even if they use an adult birthday. Read More

Automattic debuts a platform to deploy vibe coding apps amid a changing internet: Automattic aims to compete with likes of Lovable with Spacefast Read More

TechCrunch Mobility: The Cybertruck experiment is over: Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. Read More

Last but Not Least

If Snap's Specs are still ridiculously expensive, they're also a lot more comfortable than they used to be: Snap's Specs, which have been in development for many years now, are going to market this fall. Will they be a hit with users? Read More