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Thursday, November 12, 2026 · UTC
Markets

Tesla sets an end date for the Cybertruck, then moves it within a week

Musk said production would wind down around mid-2027, then extended it to the end of summer. Many order holders will get their deposits back.

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Stands on 13 placed sources from 3 publishers.
As of 2026-11-12 01:54 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027.[1] Five days later he announced that production will be extended through the end of summer 2027.[2] Either way the truck has an end date, less than four years after it went on sale. Why it is ending Tesla will use the factory space to ramp up production of its Cybercab robotaxi.[3] The Cybertruck gained a niche following but did not achieve mass-market sales.[4] It has had poor sales since its launch in late 2023.[5] Why the date moved The order rate is far higher than Tesla's production rate.[6] That is a late rush for a vehicle that is going away, not a reversal of its record. Even with the extension, Tesla will return deposits to many order holders.[7] Some customers posted negative reactions on social media.[8] Musk said extending production is not the most profitable choice for the company.[9] The record Tesla began customer deliveries in late 2023.[10] The 2024 Cybertruck was subject to 11 voluntary recalls, according to the National Highway Traffic Safety Administration.[11] Tesla recalled around 46,000 Cybertrucks in March 2025.[12] One buyer was close to home. SpaceX, another Musk company, spent $131 million buying Cybertrucks at retail price.[13]
Proof13 sources · 3 publishers · signed
What this stands on
  1. Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid 2027. · cnbc.comUnited States
  2. Elon Musk announced Tesla will extend Cybertruck production through end of summer 2027. · cbsnews.comUnited States
  3. Tesla will use the freed factory space to ramp Cybercab robotaxi production. · cnbc.comUnited States
  4. The Cybertruck gained a niche following but did not achieve mass-market sales. · cnbc.comUnited States
  5. Cybertruck has had poor sales since its late 2023 launch. · wardsauto.com
  6. Cybertruck order rate is far higher than Tesla production rate. · cbsnews.comUnited States
  7. Tesla will return deposits for many Cybertruck order holders. · cbsnews.comUnited States
  8. Some Tesla customers posted negative reactions about the plans on social media. · cbsnews.comUnited States
  9. Musk stated extending production is not the most profitable choice for Tesla. · cbsnews.comUnited States
  10. Tesla began Cybertruck customer deliveries in late 2023. · cnbc.comUnited States
  11. The 2024 Cybertruck was subject to 11 voluntary recalls per NHTSA. · cnbc.comUnited States
  12. Tesla recalled around 46000 Cybertrucks in March 2025. · wardsauto.com
  13. SpaceX spent $131 million buying Cybertrucks at retail price. · cnbc.comUnited States
The 2 we could place publish from United States. 1 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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