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MarketsCNBCFiled 44 h ago

Tesla to wind down Cybertruck production in Texas next year to ramp Cybercab, Musk says

Open the sourceReported by CNBC, cnbc.com, 6 November 2026
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Tesla will stop building the Cybertruck at its Texas plant next year and shift that capacity to the Cybercab, CEO Elon Musk said. The pickup, whose polarizing design won only a niche following and never reached mass-market volumes, has also been subject to several voluntary recalls. The move reallocates manufacturing space toward Tesla's planned robotaxi as it bets on autonomous ride-hailing for growth. Investors will watch whether Cybercab output and rollout timelines stay on track, and how quickly the Cybertruck wind-down frees up capacity and costs.

Muhabbit's AI wrote this summary in its own words from CNBC's report. It can get details wrong, so check the source.

Named in this story

Tesla (TSLA), Cybertruck, Cybercab, Elon Musk, Texas

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