Tesla to wind down Cybertruck production as Elon Musk focuses on robotics and AI
Decision made in order for factory in Texas to be used for Cybercab, the carmaker’s self-driving taxi
TL;DR
- Tesla will stop producing the Cybertruck around mid-next year at its Texas factory.
- The factory space will be converted for the production of the Cybercab, Tesla's self-driving taxi.
- The Cybertruck faced significant production challenges, particularly with its steel shell, and never reached its sales targets.
- The vehicle was unable to go on sale in Europe due to not meeting safety standards.
- Elon Musk is shifting Tesla's focus towards robotics, AI, and autonomous driving technology.
- This announcement follows a difficult week for Musk, with political donations backfiring and stock values of Tesla and SpaceX dropping.
- Tesla has also stopped production of its Model S and Model X amid declining sales for older models.