Tesla is to wind down the production of the Cybertruck at its Gigafactory Texas facility in the middle of next year to redirect manufacturing capacity toward its autonomous Cybercab vehicle.
The company’s CEO, Elon Musk, confirmed the cancellation on the social media platform X, explaining that production will wind down to enable higher volumes of the Cybercab.
Although press reports indicate the move comes after years of weak sales, it remains unconfirmed whether production will shift to an alternative site or cease permanently.
Commenting on the change on X, Musk remarked that he still anticipated that Cybertrucks would remain on the roads “for a long time”.
Wes Morrill, the lead Cybertruck engineer at Tesla, also acknowledged the operational transition on X, saying that the vehicle “was an incredible technology development platform and lives on through Cybercab”.
Initially shown as a prototype in 2019, the all-electric pickup – distinguished by its sharp angular lines and stainless-steel exterior – became commercially available in the US market in late 2023.
The truck sits within Tesla’s broader passenger and commercial portfolio alongside the Model Y, Model 3, Model S, Model X, Semi, and Roadster.
The manufacturing adjustment coincides with the publication of the manufacturer’s third-quarter results for 2026, during which it built 464,391 vehicles, delivered 486,532 vehicles, and installed 13.7 GWh of energy storage products.
Overall output remained heavily concentrated in high-volume models.
The Model 3 and Model Y accounted for 457,387 units produced and 478,237 units delivered, with 1% subject to operating lease accounting.
Other vehicle lines contributed 7,004 manufactured units and 8,295 deliveries, with 4% subject to operating lease accounting.
Combined delivery figures of 486,532 vehicles had 1% subject to operating lease accounting.
Financially, Tesla’s net income attributable to common stockholders contracted 42.7% year-on-year during the third quarter of 2026 to $787m, down from $1.37bn recorded in the prior-year period.
Basic earnings per share dropped 44.2% from $0.43 to $0.24, whilst diluted earnings per share fell 43.6% from $0.39 to $0.22.
This earnings reduction occurred as total operating expenses grew 39.2% to $4.78bn, up from $3.43bn.
