Tesla winds down Cybertruck production as Musk shifts focus to robotaxis
Investing.com · Frank DeMatteo ·
Tesla winds down Cybertruck production as Musk shifts focus to robotaxis
Investing.com -- Tesla (NASDAQ: TSLA) is preparing to wind down production of its highly anticipated Cybertruck, marking a major setback for one of Elon Musk's most ambitious automotive projects as the company shifts its focus toward autonomous driving and robotaxis.
In a post on X on Friday, Musk said Tesla would begin winding down Cybertruck production at its Gigafactory Texas facility around the middle of next year, freeing up factory capacity to manufacture more of its Cybercab robotaxis.
"Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production," Musk wrote.
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