World news and discussion on TalkFuse.
Tesla plans to end Cybertruck production as it shifts towards Cybercabs
Tesla plans to end Cybertruck production next year, saying it wants to make room for more Cybercab production. The decision comes amid a changing US political landscape and closes a chapter for a vehicle that became closely associated with Elon Musk’s public image and political rise.
Musk had forecast annual sales of 250,000, but the article says Tesla sold about 70,000 Cybertrucks over three years and lost $1.9bn. The truck arrived four years after its 2019 unveiling, faced 11 recalls and criticism over safety and reliability, yet also won devoted owners and praise for some of its engineering. Its divisive design and perceived political symbolism made it a conspicuous reflection of Musk’s prominence.
In short
- Tesla says Cybertruck production will end next year.
- About 70,000 were sold over three years, against a 250,000 annual target.
- The divisive truck became associated with Musk’s political image.
Americas Business Technology World
Read the full article at the source →
Originally published by The Guardian as “Farewell, Cybertruck: why the winding down of the ‘Maga hat on wheels’ is a sign of the times”.