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Elon Musk appears to signal the end of the road for Cybertruck

Elon Musk has appeared to signal the end of the road for Tesla's Cybertruck, indicating that production capacity for the polarizing electric pickup will be...

01EconomyFN
Editorial illustration, not a photo of the event.

Elon Musk has appeared to signal the end of the road for Tesla's Cybertruck, indicating that production capacity for the polarizing electric pickup will be redirected toward the company's Cybercab line. The Tesla chief executive framed the shift as a reallocation of manufacturing resources to make room for the Cybercab, an autonomous taxi designed to operate without a driver. The Cybertruck, which entered the market after years of delay and production challenges, has struggled to meet initial sales expectations amid a crowded and softening electric pickup segment. Musk's remarks suggest the vehicle may be phased out or curtailed as Tesla pivots its strategy toward autonomous mobility and robotaxi services.

The announcement carries significant implications for Tesla's product lineup and for the broader electric vehicle market, where the Cybertruck was positioned as a flagship offering. Analysts have questioned whether demand for the stainless-steel pickup justified the substantial investment in its production line, and the apparent pivot raises fresh doubts about the model's commercial future. Tesla has not released a formal timeline for the transition, and it remains unclear whether existing Cybertruck production will continue at reduced volumes. The move underscores Musk's stated priority of advancing autonomous driving technology, though regulators and investors continue to scrutinize the safety and viability of driverless taxi operations. Tesla shares showed little immediate reaction to the remarks.

Independent reporting synthesized from primary wires and global correspondents.

Original sourceBBC Business ↗