Cybertruck's Days Are Numbered. Here's What Tesla Has Planned.

The Motley Fool · Patrick Sanders ·

Tesla is clearing space in Texas for the Cybercab, but the robotaxi bet has far more to prove than the pickup it’s replacing.

Tesla (TSLA +2.02%) CEO Elon Musk has never been shy about making bold predictions. But sometimes, even his most ambitious ideas don't work out quite as planned.

That appears to be the case with the Cybertruck, Tesla's futuristic electric pickup that first went on sale in 2023. Musk announced Friday that the company will wind down production at its Texas Gigafactory around mid-2027.

It's an admission that the Cybertruck hasn't lived up to expectations. But for Tesla stock, the more interesting story is the Cybercab, which is what Musk intends to build in its place.

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