Tesla CEO Elon Musk said Friday the company will wind down Cybertruck production at its Texas Gigafactory around mid-2027 to make room for increased Cybercab output. The pickup gained a niche following but missed mass-market sales; Tesla has issued several voluntary recalls, and high prices were cited as a reason buyers did not take to it.
WHO:
Tesla CEO Elon Musk
WHAT:
Musk said Tesla will wind down Cybertruck production at its Texas Gigafactory around mid-2027, shifting capacity to increased Cybercab output. The Cybertruck gained a niche following but did not achieve mass-market sales, and Tesla has issued several voluntary recalls.
WHEN:
Reported Nov 6, 2026 at 12:10 PM ET
WHERE:
Texas, USA
WHY:
Musk said the production wind-down would make room for increased Cybercab production. MarketWatch attributed the Cybertruck's failure to catch on with buyers to its high prices and notable recalls.
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