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Forbes Daily Briefing

8 Nov 2026 · 3m · 1 chapter

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Musk Says Tesla Will Wind Down Cybertruck Production Next Year

In short

Elon Musk says Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2026 to expand production of the CyberCab robotaxi, after Cybertruck sales and quality issues.

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No guests mentioned in the transcript.

Key claims

Cybertruck production will be reduced, but it’s unclear if it stops entirely; CyberCab aims for customer purchase by end of this year, though most will be Tesla-owned and used in RoboTaxi service.

Notable examples

Cybertruck launched 2019, on sale 2023 starting over $60,000; U.S. sales fell from ~39,000 (2024) to ~20,000 (2025) and ~11,500 in first nine months of this year (-28%). Recalls: trapped accelerator pedals (2024), panels detaching (over 46,000, 2025), and brake rotor/wheel stud separation (173, April this year).

Written by AI. May contain mistakes.

Chapters

0:00

Tesla Shifts Focus from Cybertruck to CyberCab

Learn about Tesla's decision to wind down Cybertruck production to prioritize the CyberCab Robotaxi.

“In an ex-post early on Friday, CEO Elon Musk wrote Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year.”
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Transcript

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0:28Life is all about making decisions. Tesla will wind down production of the Cybertruck at its Texas Gigafactory next year to allow for expanded production of the CyberCab Robotaxi, signalling a major shift after the company's electric pickup struggled with poor sales and quality issues. In an ex-post early on Friday, CEO Elon Musk wrote Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year. Musk didn't specify whether production for the Cybertruck would cease entirely, as Tesla's Texas factory is the only one that currently manufactures the electric pickup.

1:04The Cybertruck was initially unveiled in 2019 and finally went on sale in 2023 with a starting price of more than $60 ,000. Meanwhile, the CyberCab was first revealed in 2024 as a two-seat autonomous vehicle without any steering wheels or pedals, and Tesla began offering paid rides in the RoboTaxi in part of Austin in September this year. During Tesla's most recent earnings call last month, Vice President of Vehicle Engineering Lars Moravey said they are aiming to make the autonomous cabs available for customer purchase by the end of this year, but Musk noted that a majority of cyber cabs will be Tesla-owned and operate as part of its RoboTaxi service.

1:46Musk estimated in 2023 that the company could eventually sell between a quarter of a million and half a million trucks annually once production was fully ramped up. However, U.S. sales for the electric pickup plummeted sharply from just under 39 ,000 trucks in 2024 to around 20 ,000 in 2025, according to estimates from Cox Automotive's Kelly Blue Book. U.S. sales have continued to slide this year as well, with Kelly Blue Book's latest figures showing just 11 ,500 Cybertrucks sold in the U.S. during the first nine months of this year, down 28 % from the same period last year. Since its launch, the Cybertruck has faced repeated recalls.

2:24In 2024, the truck was recalled over accelerator pedals that could become trapped and cause unintended acceleration. Last year, Tesla recalled more than 46 ,000 Cybertrucks because its stainless steel exterior panels could detach while driving. Another 173 Cybertrucks faced a recall in April this year over issues with its brake rotors which could cause its wheel studs to separate. For more on this story, click the link in the description.

3:06Life is all about making decisions. Sometimes you make questionable ones, like buying a new TV that's too big for the wall because the electronics store employee was a little too good at their job. Then sometimes you make great ones like protecting your home and auto with Progressive. You get customized coverage options so you can be sure you have the right coverage. Get your quote today at Progressive.com. Progressive Casualty Insurance Company affiliates and other insurers not available in all states.

From the publisher

Tesla CEO Elon Musk announced the electric car maker will wind down production of the Cybertruck at its Texas Gigafactory next year to allow for expanded production of the Cybercab robotaxi, signaling a major shift after the company’s electric pickup struggled with poor sales and quality issues.

Read the full story on Forbes: https://www.forbes.com/sites/siladityaray/2026/11/06/musk-says-tesla-will-wind-down-cybertruck-production-next-year/
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