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Musk says Tesla will end Cybertruck production in 2027
CBS News • • business
Key Points:
- Tesla announced it will cease production of the Cybertruck at its Texas factory by mid-2027 to prioritize increased production of its self-driving taxi, the Cybercab.
- The Cybertruck, unveiled in 2019 with a unique design and robust features, has struggled with quality issues, recalls, and declining sales, dropping from 38,965 units in 2024 to 20,237 in 2025.
- Analyst Dan Ives noted the Cybertruck's high price and weak demand signaled its decline, while Tesla's CEO Elon Musk is shifting focus toward robotics and autonomous vehicle technology.
- It remains uncertain whether Cybertruck production will continue at other Tesla factories, though Texas is currently the sole manufacturing site for the pickup.
- The vehicle also became a target of protest linked to Musk's political roles, with some Cybertrucks vandalized at dealerships.
