Tesla will phase out Cybertruck production next year, Musk says

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Set us as preferred Tesla could be discontinuing its Cybertruck by next year after numerous recalls and underwhelming sales since its launch in 2023.Cybertruck production will be “winding down” at Tesla’s Texas factory around the middle of 2027, Chief Executive Elon Musk said in a post on X on Thursday.Musk did not say whether production would shift to another facility.

The move will make room for increased Cybercab production, Musk said, Tesla’s autonomous vehicle that it hopes to build its robotaxi business around.How bad are sales of Tesla’s Cybertrucks? Nearly 20% of the vehicles went to Elon Musk’s other companies, raising questions about the vehicle’s future.If the Cybertruck is scrapped completely, it will slim down Tesla’s lineup even further after the company discontinued the Model S and X earlier this year.

Tesla’s vehicle sales now revolve around its Model 3 and Model Y, though the automaker is increasingly focused on AI and autonomous technology.The Cybercab, a gold-colored two-seater that lacks a steering wheel and gas pedal, is central to Tesla’s future.

It rolled out in Austin earlier this year but is facing scrutiny from the National Highway Traffic Safety Administration.Musk hopes the Cybercab will compete with robotaxi companies including Waymo and Zoox, though those efforts are currently far ahead in deployment and customer reach.

Business U.S.regulators are recalling nearly all Cybertrucks, the eighth recall of the Tesla vehicles since deliveries to customers began just over a year ago.The Cybertruck has been controversial since it first hit roads, with some critics saying it looks like a dumpster on wheels.

The angular, futuristic truck sells for $92,490 on Tesla’s website.Sales never met expectations set by the company.

Musk said he anticipated producing as many as 250,000 unit...