Tesla to Phase Out Cybertruck Production at Texas Gigafactory to Prioritize Cybercab Robotaxi

Tesla CEO Elon Musk announced that production of the Cybertruck at Gigafactory Texas will begin winding down around mid-2027. This strategic shift is intended to clear manufacturing capacity for the increased production of Tesla's upcoming 'Cybercab' robotaxi, which Musk views as a critical component of the company's future growth. The decision follows a period of mixed performance for the Cybertruck. While Musk maintains it is one of Tesla's best vehicles, sales have struggled to reach mass-market levels; estimates suggest U.S. sales dropped approximately 48% year-over-year. The vehicle has also faced challenges regarding production quality and several recalls.

By Michael Wayland · CNBC ·

Tesla to Phase Out Cybertruck Production at Texas Gigafactory to Prioritize Cybercab Robotaxi

Tickers: $TSLA

Topics: Cybercab robotaxi Cybertruck production wind down Gigafactory Texas Tesla manufacturing shift

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Part of the story Tesla to Wind Down Cybertruck Production to Prioritize Cybercab Expansion (16 articles)

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