Tesla plans to wind down Cybertruck production next year

Tesla CEO Elon Musk announced that Cybertruck production at Gigafactory Texas will wind down by mid-2027. This strategic shift aims to free up capacity for the Cybercab robotaxi program, which Musk views as a crucial product for the company's future. The decision follows sluggish sales and ongoing challenges. While the Cybertruck is currently produced exclusively in Texas alongside the Model Y, Musk has not confirmed if production will move to another facility, though the fleet will persist.