Tesla to wind down Cybertruck at Giga Texas by mid-2027, Musk says: "end of an era"

Tesla plans to wind down production of the Cybertruck at its Texas gigafactory around the middle of next year, CEO Elon Musk said in a post on X on Friday. Reuters reported that the stated reason is to accommodate higher output of the Cybercab, the two-seat robotaxi at the center of Tesla's autonomy push. The BBC, the Wall Street Journal, MarketWatch and the Financial Times are all running the story.

What is confirmed, and what is not

Confirmed: the wind-down at the Austin plant, timed for roughly mid-2027, and Musk's reason. In replies on X, Musk called the move the "end of an era" and said the "Cybertruck fleet will be around for a long time," according to Reuters. The BBC reports he agreed with a user who said the truck would be "discontinued next year."

Not confirmed: whether Tesla will stop building the truck entirely or move it. Both Reuters and the BBC say that was not made clear, and Reuters notes the Austin plant is the only known Tesla site equipped for the model's specialized components. Tesla did not immediately respond to Reuters. Cybertruck's lead engineer, Wes Morrill, wrote on X that it "lives on through Cybercab," which the BBC read as a sign of discontinuation. We have not seen a Tesla filing or press release, so treat the end date as Musk's statement, not a formal schedule.

The number behind the number

Tesla does not report Cybertruck sales. It folds the truck into an "Other Models" line. Reuters puts that line at 8,295 deliveries in the third quarter, down from 12,364 in the second. See our Q3 deliveries breakdown for the quarter's total of 486,532. So the product being wound down is a small part of Tesla's volume, and the line it sits in fell about 33% from Q2 to Q3.

The price has been part of the problem. The BBC notes the truck launched in 2023 at a promised price near $61,000 for the top version of the original lineup, and the Cyberbeast trim lists at $102,000 in 2026. Orders of 146,000 were claimed by Musk in 2019, before launch; that is a claim, not delivery data.

Why it matters for Tesla

The announcement fits a pattern we have tracked: Tesla shifting capital from cars to autonomy. Third-quarter profit fell 43% as capex doubled, in our earnings report, and the company has since lined up a bigger credit facility (8-K coverage). The Cybercab began paid rides in Austin in September (what is running), but Reuters notes Tesla still has to answer US auto safety regulators on whether it properly self-certified the vehicle to federal safety standards. Giving Cybercab the floor space is a bet on a vehicle that is still under regulatory questions.

Tesla stock closed Thursday at $344.13, down 10.66% on the day, per Nasdaq.com, amid the broad post-election selloff we covered in the Wall Street close. The shares were quoted near $348 in pre-market trading at 7:16 AM ET. The 52-week range is $297.38 to $498.83. Because the Cybertruck is a small share of deliveries, the pre-market reaction is the thing to watch: if the stock barely moves, traders are treating the news as housekeeping.

Who it actually hits

• Current owners and fleet buyers: Musk says the fleet stays supported. Contractors and small businesses running Cybertrucks should ask Tesla service in writing about parts and warranty commitments before the end date.
• Austin-area suppliers: stainless-steel body and specialty parts makers tied to the truck face a shrinking order book in 2027.
• Used values: a discontinued vehicle with a niche body can see resale swing either way; collectors may pay up, fleet resellers may not.

We will update this story when Tesla files or clarifies whether production moves elsewhere.

Sources: Reuters via NY Post Business, BBC News, Nasdaq.com market data, Yahoo Finance price history, Chronicle archive. Headlines also checked at WSJ, MarketWatch and the Financial Times. This is market information, not investment advice.