Tesla to Wind Down Cybertruck Production at Texas Gigafactory Next Year

TSLA will start winding down Cybertruck production at its Austin, Texas Gigafactory sometime around the middle of next year "to make room for increased Cybercab production," Elon Musk said in a post on X on November 6. Gigafactory Texas is the only plant that builds the Cybertruck, and Musk has not said whether production will move elsewhere or end altogether.

The decision formalizes how far the pickup has fallen short of its original ambition. Tesla does not break out Cybertruck sales, but the highest analyst estimate puts total deliveries at roughly 70,000 since the truck launched in 2023, against the 250,000 a year Musk once predicted. Freeing the line for the Cybercab, Tesla's purpose-built robotaxi, ties the factory more closely to Musk's push into autonomy and robotics, the focus the Financial Times highlighted in its coverage.

The announcement arrived after a rough session for the stock: Tesla fell about 11% on Thursday, before the post, amid a post-midterm sell-off in Musk-linked companies. That move should not be read as a reaction to the Cybertruck news.

What to watch: whether Tesla confirms the Cybertruck is being discontinued or relocated, the Cybercab production ramp schedule for Austin, and how Tesla handles existing Cybertruck orders and service commitments.