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Elon Musk Says Tesla Will End Cybertruck Production -- Here's Why
Source: fool
Automotive & EVCompany FundamentalsCorporate Guidance & OutlookArtificial IntelligenceTechnology & Innovation
Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027, citing plans to make room for higher Cybercab production. The article attributes the decision partly to estimated Cybertruck sales of only a few thousand units per quarter, while arguing that freeing capital and factory space supports Tesla’s AI, robotics and robotaxi priorities. It cites a $1.4 trillion Tesla valuation and estimates the global robotaxi market could eventually reach $8 trillion to $10 trillion.
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