Tesla to wind down Cybertruck production after years of poor sales in few markets
BNN Bloomberg · Reuters Staff ·
Tesla will wind down Cybertruck production at its Texas gigafactory around mid-2027, CEO Elon Musk said on Friday, after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks that ultimately only sold in just a handful of markets because of its heavy, angular design.
Tesla will wind down Cybertruck production at its Texas gigafactory around mid-2027, CEO Elon Musk said on Friday, after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks that ultimately only sold in just a handful of markets because of its heavy, angular design.
Musk said in an X post the 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.
While it was not immediately clear whether Cybertruck production would be moved to another facility or phased out entirely, the automaker’s Austin plant is the only known Tesla facility equipped to manufacture the model’s specialized components.
Read the full story at BNN Bloomberg · All coverage of this story