- Tesla is to wind down Cybertruck production at its Austin, Texas facility around mid-2027, with the line set to be dismantled next year.
- Chief executive Elon Musk announced the decision, stating the move will free up capacity to increase production of the Cybercab robotaxi.
- Tesla will add an extra shift to clear as many outstanding orders as possible before shutting down, though Musk confirmed many customers will have their deposits refunded instead of receiving their vehicles.
- First delivered in 2023, the vehicle suffered from falling demand and missed Musk's initial target of selling 250,000 units annually.
- The decision reflects Tesla's pivot towards autonomous vehicles alongside falling sales and controversy over Musk's alignment with political figures such as President Donald Trump.
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