TSLA ▲ +2.0% - Tesla, Inc.
$TSLA - TESLA TO END CYBERTRUCK PRODUCTION IN MAJOR AI PIVOT Elon Musk announced Tesla will wind down Cybertruck production by mid-2027, freeing capacity at Gigafactory Texas for Cybercab robotaxi production. The Cybertruck fell far short of Tesla's 250,000 annual sales target. US sales dropped 48% in 2025 to just 20,237 vehicles, with another 38% decline through September 2026. Tesla is now doubling down on AI-powered autonomous driving as its next major growth opportunity.
06-NOV-2026 07:01 AM ET
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