Tesla to Wind Down Cybertruck Production at Texas Factory, Musk Says
The shift would free capacity for the Cybercab, while Cybertruck sales fell 28% through September, according to Kelley Blue Book.
- On Friday, Tesla CEO Elon Musk announced the company will wind down Cybertruck production at Gigafactory Texas around mid-2027 to make room for increased Cybercab manufacturing capacity.
- Tesla's decision follows years of persistently weak sales for the polarizing truck, which became a political touchstone as Musk allied himself with President Donald Trump amid a widening buyer divide.
- Kelley Blue Book estimated Cybertruck sales declined 48% from 2024 to 2025, with sales falling 28% through September of this year, prompting Tesla to reallocate factory space for its steering wheel-free Cybercab.
- Tesla shares declined 11% on Thursday following midterm election results, contributing to aggregate market cap losses exceeding $420 billion for Tesla and SpaceX as investors cited concerns over congressional probes.
- The strategic pivot positions Tesla toward AI and robotics, though the National Highway Traffic Safety Administration opened a formal investigation into the Cybercab in September amid ongoing regulatory scrutiny.
334 Articles
334 Articles
The Cybertruck is dead
After years of lagging sales and multiple high-profile recalls, Elon Musk announced on Friday that Tesla will start closing out production of the Cybertruck in 2027. The announcement marks the end of the road for a vehicle that became synonymous with the politics and aesthetics of MAGA: brutal, aggressive, and in-your-face. “Tesla will be winding […]
Production of Tesla's Cybertruck will wind down soon with its allure escaping most potential buyers
Elon Musk said in a social media post that Tesla will be winding down production of the Cybertruck. Kelley Blue Book estimated that the Cybertruck sales declined 48% from 2024 to 2025.
(Los Angeles = Yonhap News) Correspondent Kim Kyung-yoon = Tesla’s Cybertruck, the electric vehicle model unveiled with an ambitious entry into the pickup truck market, has shown sluggish sales...
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