The November, 1950 issue of Popular Mechanics details the birth of the cup-holder in all its miraculous, futuristic convenience:
Travel snacks can be enjoyed while the car is in motion with a dashboard tray which prevents cold drinks or water glasses from tipping over. The tray hangs from two cords which are held on the dashboard by suction cups. Bottles or glasses rest on two disks which are suspended below the tray on chains. When not in use, the tray can be folded into small space for storage in the glove compartment.