Tesla CEO Elon Musk has announced that the electric vehicle manufacturer will wind down production of its stainless-steel Cybertruck by mid-2027 to shift manufacturing focus toward the company's autonomous Cybercab fleet.

Shifting Focus to Autonomous Taxis

Musk shared the upcoming production timeline on social media, explaining that the phase-out at the Texas Gigafactory—the sole facility currently manufacturing the pickup—is designed to make room for increased Cybercab production. Following the announcement, Tesla's stock rose 4.7%.

First unveiled in 2019 and launched commercially in 2023, the futuristic, boxy pickup faced a series of challenges, including quality issues, multiple component recalls, a high price tag, and lower-than-expected demand. Data from Kelley Blue Book indicates that Tesla sold 20,237 Cybertrucks in 2025, falling short of earlier projections and dropping from 38,965 units the previous year.

Industry analysts note that the strategic pivot aligns with Musk's broader emphasis on robotics and the robotaxi era, while the majority of Tesla's ongoing sales continue to be driven by its Model Y and Model 3 vehicles.