Daily newsletter · Sat 7 Nov 2026
Tesla is winding down the Cybertruck three years after the first one was delivered
Elon Musk said on Friday that Tesla will stop building the Cybertruck at its Austin plant around the middle of 2027. The shares rose 4.23% to US$358.22.
So why stop making the most recognisable vehicle Tesla builds? It did not sell. The line at Gigafactory Texas was laid out for 250,000 trucks a year and has been turning out roughly 30,000. About 70,000 have gone to customers in three years.
American sales went backwards. Kelley Blue Book counted 20,237 Cybertrucks sold in the United States last year, down from 38,965 the year before. The cheapest dual-motor version still starts at US$74,990.
Musk says the floor space goes to the Cybercab, the driverless taxi at the centre of Tesla's robotaxi plans. Electrek notes that Gigafactory Texas runs at about a quarter of capacity, with more than 10 million square feet spare.
the Cybercab inherits the floor space and the expectations. Our read is that Tesla has spent three years proving it can build something extraordinary that very few people want, and the taxi replacing it has a much lower bar to clear.
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