Tesla will stop making the Cybertruck next year, according to CEO Elon Musk, who said on X that the company will use the factory space to build more two-seater Cybercab robotaxis.

The decision to wind down the futuristic, steel-clad EV comes after just a few short years of underwhelming sales. When Musk handed over the first few Cybertrucks in late 2023, he predicted Tesla would sell around 250,000 per year. It was supposed to be such a cornerstone of Tesla’s future that, before construction began, the company talked about its Texas factory as the “Cybertruck factory.” But Tesla has instead sold just tens of thousands — total — over the last three years.

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[–] 12 points 4 days ago (3 children)

The Tesla bubble has popped. Every earnings call will be worse than the last, and will be followed by a stock slide. There is no saving it, no rehabbing it's image. Trump may keep it alive with bailouts, but Tesla will be bankrupt the moment Trump is out of office.

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