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BackTesla decides to stop production of Cybertruck... Musk: “The end of an era”
Tesla decides to stop production of Cybertruck... Musk: “The end of an era”
Developing
연합뉴스15 minutes agoBusiness2 min readSouth KoreaView original

Tesla decides to stop production of Cybertruck... Musk: “The end of an era”

Although 500,000 units were expected per year, actual sales were only 20,000 units.

teslacybertruckElon Musk

Quick Look

  • Tesla will discontinue the Cybertruck and gradually reduce production at its Texas Gigafactory from the middle of next year.
  • Although 500,000 units were expected per year, actual sales were only 20,237 units, and Tesla plans to focus on producing robotaxi and humanoid robot Optimus.

AI-generated summary

Why It Matters

Tesla first unveiled the Cybertruck in 2019 and officially launched it in 2023. Elon Musk predicted annual sales of 500,000 units, expecting it to compete with GM and Ford pickup trucks, but sales were low due to the angular design, repeated recalls, and high prices.

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The Cybertruck, an electric vehicle model introduced by Tesla in its ambitious entry into the pickup truck market, has been discontinued after showing low sales.

According to Reuters, on the 6th (local time), Tesla CEO Elon Musk said through

Since the Gigafactory in Austin, Texas, is the only facility capable of manufacturing Cybertruck special parts, this appears to effectively mean the discontinuation of the Cybertruck.

In response to a question from an

The Cybertruck was first unveiled in 2019, and was officially released in 2023.

At the time, Musk expected the Cybertruck to compete with pickup trucks from General Motors (GM) and Ford, which were steadily gaining popularity in the United States, and predicted annual sales of 500,000 units.

However, sales were low due to the angular design, repeated recall issues, and high prices.

According to automotive data platform Kelly Blue Book, Cybertruck sales last year were only 20,237 units. It turns out that even that was mainly purchased by SpaceX, another company led by Musk.

Tesla is moving away from selling electric vehicles and is increasingly focusing on the development and production of robotaxi and humanoid robots equipped with artificial intelligence (AI) autonomous driving functions.

The California factory also stopped production of the premium models Model S and Model X and secured production space for the humanoid robot Optimus.

What to Watch

AI outlook — possibilities, not facts

  • Tesla will gradually reduce Cybertruck production at its Texas Gigafactory starting mid-next year.

    Very likely · Within months

  • Tesla will secure space for CyberCab production.

    Very likely · Within months

Open Questions

  • What are your plans for Cybertruck inventory?
  • When will CyberCab production begin?
  • What are the after-sales support plans for existing Cybertruck owners?

Related Topics

tesla
PeopleElon Musk
OrganizationsReutersGeneral Motors (GM)ford
Placeslos angelestexasaustincalifornia
TopicscybertruckElon MuskRobotaxioptimuselectric carDiscontinued
This article was originally published by 연합뉴스.

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