Cointime update: Elon Musk said on November 6 that Tesla will phase out Cybertruck production by mid-2027, freeing capacity at its Texas Gigafactory for the Cybercab robotaxi. The Cybertruck has fallen far short of Tesla’s 250,000-unit annual sales target: US sales fell 48% in 2025 to 20,237 vehicles, then dropped a further 38% through September 2026.
Tesla to End Cybertruck Production by Mid-2027, Shift to Robotaxi
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