Elon Musk Is Winding Down Cybertruck Production in Favor of Another Controversial Product

Tesla (TSLA) will wind down Cybertruck production at Gigafactory Texas around mid-2027, Elon Musk said on X on Friday. The freed space goes to Cybercab, a two-seat robotaxi already under federal examination. Whether the swap helps TSLA shareholders hinges on a vehicle Tesla has not yet sold to individuals. The stock had already fallen 11% on Thursday, before the post. Why is Cybercab drawing federal scrutiny? Cybertruck has been recalled more than once and repriced repeatedly, It has been reported . Cybercab, however, faces a different obstacle. Tesla began charging for rides in Austin on the Sept. 3 Cybercab launch . Hours later, the National Highway Traffic Safety Administration (NHTSA) opened an audit, Electrek reported. The car lacks a permanently attached steering wheel, pedals, and mirrors.

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