Musk says Tesla to wind down production of struggling Cybertruck at Texas factory around mid-2027

Musk says Tesla to wind down production of struggling Cybertruck at Texas factory around mid-2027


The vehicle has faced difficulty achieving the mass market appeal predicted since its 2023 launch

Published Fri, Nov 6, 2026 · 04:26 PM

[BENGALURU] Tesla plans to wind down Cybertruck production at its Texas gigafactory around the middle of 2027 to accommodate increased production of the Cybercab, chief executive officer Elon Musk said in a post on X on Friday (Nov 6).

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 specialised components.

Tesla did not immediately respond to a Reuters request for comment sent outside regular business hours.

“Cybertruck was an incredible technology development platform and lives on through Cybercab,” Cybertruck lead engineer Wes Morrill said on X.

The Cybertruck, touted by Musk as a futuristic rival to pickup trucks from legacy automakers such as Ford, has struggled to achieve the mass market appeal Musk once predicted since its 2023 launch.

SEE ALSO

“We should be spending on capex as fast as we can – spend as fast as we can without it being too wasteful,” Musk said on the company’s July earnings call. 
BT Short Logo

THE BUSINESS TIMES INSIGHTS

Powering Asean’s Future 2026

Find out how enterprises are navigating power constraints and sustainability targets

The vehicle has also faced multiple recalls and quality control issues, while Tesla has repeatedly revised prices.

Meanwhile, Musk has made the Cybercab central to Tesla’s robotaxi ambitions.

Over time, Musk has said he intends to transform Tesla into a robotics and self-driving company, with the Cybercab as its main autonomous model within a larger driverless network. REUTERS



Source link

Posted in

Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

Leave a Comment