Elon Musk says Tesla will wind down Cybertruck production at Giga Texas around mid-2027 to make room for the Cybercab
Musk announced the change in a post on X, a day after Tesla shares fell 10.77%. He did not say whether the stainless-steel pickup will be built anywhere else.
Photo: Alexander-93 / Wikimedia Commons (CC BY-SA 4.0)
Tesla's most polarizing vehicle has an end date at its only known factory. Elon Musk said in a post on X that the company will wind down Cybertruck production at Gigafactory Texas around the middle of 2027, freeing up space to build more Cybercabs, the two-seat robotaxi at the center of Tesla's self-driving plans. The announcement, reported by Reuters, The Verge and Tesla North, comes after one of the worst two-day stretches for the stock this year.
What Musk said
The post was short. Musk wrote that Tesla "will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production," according to Tesla North, which published the post in full. Reuters and The Verge reported the same timeline.
What he did not say is just as important. Musk did not specify whether Cybertruck production would move to another facility or stop altogether, according to Reuters. The Verge and The Business Times noted that the Austin plant is the only Tesla factory known to build the truck and to be equipped for its specialized components, which would make moving the line difficult. Tesla did not immediately respond to a Reuters request for comment.
Cybertruck lead engineer Wes Morrill offered a partial answer on X. "Cybertruck was an incredible technology development platform and lives on through Cybercab," he wrote, according to The Business Times and Tesla North.
A truck that never hit its targets
The Cybertruck launched in 2023 as Musk's futuristic answer to pickups from legacy automakers such as Ford. It has struggled to reach the mass-market appeal Musk once predicted, according to Reuters, and has faced multiple recalls and quality-control issues, while Tesla has repeatedly changed its prices. Tesla does not report Cybertruck sales separately, The Verge noted.
The Cybercab, by contrast, is the vehicle Musk has put at the heart of Tesla's next chapter. He has said he wants to turn Tesla into a robotics and self-driving company, with the Cybercab as the main model in a larger driverless network, according to Reuters. Tesla North reported that Cybercabs have been registered and operating in Texas, including in Austin and Dallas.
The stock backdrop
The news arrives during a rough week for Tesla shares. The stock fell 3.34% to $385.19 on Wednesday, after Democrats won control of both chambers of Congress, and then dropped 10.77% to $343.69 on Thursday as a broad selloff in AI-linked stocks hit the market, according to market data, TradingKey and Investing.com. CNBC reported that Tesla and SpaceX together lost more than $420 billion in market value over those two sessions.
Tesla shares were higher in early premarket trading on Friday, according to TradingKey, as Nasdaq 100 futures bounced. Premarket prices can change quickly before the 9:30 a.m. ET open.
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Why it matters
For Tesla, the decision is about factory floor space. Giga Texas is one of the company's most important plants, and Musk is choosing to give more of it to a product that is still early in production rather than to a truck that has been on sale for three years. That puts more weight on the robotaxi plan: the Cybercab still has to move from early production and local testing to a business that brings in meaningful revenue.
There are open questions for Cybertruck owners and shoppers as well. Musk's post did not address existing orders, and the company had not published a separate product notice at the time of Tesla North's report.
The political picture adds another layer. Tesla is headquartered in Austin, and Texas also elected a Democratic governor this week. Republican allies of Musk warned on Wednesday that Democrats would target his companies, as Invested Alpha reported, although the new Congress does not take office until January.
What to watch
The next signals will be whether Tesla confirms the timeline in a formal statement, whether it says where any remaining Cybertruck production would go, and what it discloses about Cybercab output at Giga Texas. For the stock, Friday's session will show whether the early bounce holds after two days of heavy losses.
