Tesla Cybertruck production discontinued: Elon Musk faces fresh setback after spending $446 million backin

The Economic Times · ET Online · 2026-11-06 11:36 UTC

Cybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After spending at least $446 million backing Republicans in the 2026 elections, Musk saw Democrats make major gains. House Democrats have also called for investigations into his work at DOGE and promised to scrutinize federal funding for his companies.

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In a post on X, a platform he owns, Elon Musk said production wind-down would enable the automaker to accommodate increased output of its newly launched Cybercab model, which the billionaire has made central to Tesla's robotaxi ambitions. He did not reveal whether it plans to stop making them entirely or shift production elsewhere, but did say the decision was to "make room" for building more of its self-driving Cybercab cars.

"Cybertruck fleet will be around for a long time," Musk said in response to a user on X, calling the model the "best vehicle Tesla has ever made" and the wind-down the "end of an era".

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