Tesla to Cease Cybertruck Production in 2027

Tesla plans to halt Cybertruck production by mid-2027, shifting factory resources to its Cybercab robotaxi project. The decision was announced by Elon Musk on X, stating that the Texas gigafactory will stop manufacturing the electric pickup to prioritize the robotaxi programme.

The Cybertruck, which has been in production for four years, has become a notable symbol of Tesla and Musk's public image, drawing both strong support and criticism. Its production halt marks a strategic shift in the company's focus.

Tesla shares rose slightly in premarket trading on Friday, recovering from recent declines linked to political uncertainties in Texas and broader market trends affecting artificial intelligence stocks.