Elon Musk Says Tesla Will End Cybertruck Production -- Here's Why

Tesla (TSLA) will end Cybertruck production around mid-2027, the company said, citing sales of only a few thousand units per quarter. The decision caps a vehicle line that has failed to scale.

The freed capacity goes to the Cybercab. Tesla is reallocating factory space at Gigafactory Texas to ramp Cybercab output, according to the report. The company points to a global robotaxi market it expects to be worth $8-10 trillion.

The pivot underscores where management wants investors to focus: AI, humanoid robots, and self-driving technology rather than traditional vehicle manufacturing. Interpretation: ending a production line at a flagship factory is a concrete signal that Tesla is willing to cut a legacy product to fund its autonomy narrative. The Cybertruck's volume, only a few thousand units per quarter, suggests the vehicle contributes little to unit growth, so the near-term revenue hit from winding it down may be modest.

The $8-10 trillion robotaxi figure is a company expectation, not a delivered result. The thesis now leans on Cybercab execution at Gigafactory Texas.