After it phases out the Cybertruck, Tesla plans to dismantle the production line and use the freed-up capacity to increase production of its autonomous Cybercab.

Fans of Tesla and the Cybertruck criticized Musk’s vision for a future with fewer private vehicles.

By Mike Colias Nov 10 (Reuters) - Tesla’s move to discontinue its Cybertruck next year is perhaps the highest-profile flameout in a category that automakers had once hyped: huge electric pickups. Tesla CEO Elon Musk said in a social media post on Saturday that the automaker would ramp up Cybertruck production at its Austin,

The sudden demise, after Tesla sunk about $2 billion into development and production, led many people to compare Cybertruck to the ultimate business-school example of a flop, the Ford Edsel. But that’s really not fair. The Edsel sold far more vehicles.

Tesla sold more of its unconventional Cybertruck electric pickups in October than it had in any one-month period for over a year, even as the company has announced plans to end production next year, according to new data released by Cox Automotive.

Tesla will wind down Cybertruck production in 2027 to make room for Cybercab production as sales plunge, prices climb, and Musk’s once-praised pickup falls short of expectations.

Tesla has slimmed its Cybertruck offerings to offer only its most expensive trim: the Cyberbeast. After announcing that the Cybertruck would no longer be produced and the company would wind down manufacturing sometime in the middle of 2027,

Elon Musk has confirmed Tesla will stop making the Cybertruck around mid-2027 to build more Cybercabs.The Latest Tech News, Delivered to Your Inbox