Elon Musk says Tesla will stop making Cybertrucks in 2027
Tesla chief executive Elon Musk has said the company will cease production of its Cybertruck next year after the much-hyped autonomous electric vehicle did not meet lofty expectations. Tesla will instead focus on boosting output of its Cybercab robotaxi, Mr Musk said in a post on his X platform. "Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of…
On his X platform, Tesla CEO Elon Musk announced the company will cease production of the Cybertruck next year after the highly anticipated autonomous electric vehicle did not meet high expectations. The Cybertruck, introduced in 2019, was marketed as a robust and bulletproof pickup truck. Elon Musk had projected that Tesla would sell up to 250,000 of these vehicles annually.
However, the vehicle struggled to gain traction due to various issues, including price overruns, safety concerns, and unfavorable aesthetics. Despite the high price tag, soaring from $39,900 to as much as $100,000, Tesla only managed to sell around 50,000 Cybertrucks, significantly falling short of its sales targets. The vehicle also failed a durability test, with its windows shattering upon impact during a live demonstration at its launch.
Following this, Tesla will divert its focus towards boosting output of the Cybercab robotaxi, as stated by Mr Musk.
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Also reported by 2 other outlets
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