
Elon Musk confirms shift in manufacturing focus toward the upcoming autonomous Cybercab.
AI-generated summary
The Cybertruck was unveiled in 2019 with high sales projections that were not met. The vehicle has faced multiple recalls and quality control complaints since deliveries began in 2023.
Tesla will no longer build the electric Cybertruck pickup at its Texas Gigafactory, Elon Musk confirmed on X. Production will wind down in the middle of 2027 to make room for increased production of the company's upcoming autonomous Cybercab instead. Unless the company moves manufacturing to another location, the stainless-steel truck could be near the end of its short but drama-filled existence.
Musk didn't say if production of the Cybertruck would be discontinued altogether. Given the vehicle's Ford Edsel-like sales and export issues, no one would be shocked if the James Bond and Blade Runner-inspired vehicle is relegated to history's scrap heap.
When it was first unveiled in November 2019, the Cybertruck acquired a lot of buzz for being like no other pickup ever seen. However, as with other Elon Musk promises, things quickly went trapezoid-shaped. Tesla never came close to delivering on the promised $39,900 price tag, with the cheapest version eventually priced at $59,900.
The Cybertruck also faced multiple recalls and quality control complaints, while its controversial design (though loved by some), was widely derided. As a result, Tesla has only sold around 71,000 Cybertrucks since deliveries started in late 2023, a far cry from the 250,000 per year the company originally projected.
AI outlook — possibilities, not facts
Cybertruck production at Texas Gigafactory ends by mid-2027.
Very likely · Within months

Older adult creators are increasingly finding financial success on platforms like OnlyFans and Pornhub. Driven by economic necessity and shifting cultural attitudes, the 'GILF' and 'daddy' genres have seen a surge in demand, providing a new income stream for retirees.

Major defense contractors report strong revenue growth in traditional military equipment like tanks and missiles, proving that the rise of drones and AI is expanding rather than replacing legacy weapon markets.

The New York Times Company is in exclusive negotiations to acquire the film platform Letterboxd for approximately $330 million, according to reports.

Democrats' midterm victory drove a tumble in crude oil prices, raising market hopes that potential peace efforts in the Iran war could curb global interest rate hikes next year, though economic uncertainties remain.

European shares fell sharply on Friday, with the STOXX 600 dropping 1.6%, as a global tech sell-off driven by AI infrastructure concerns and US political shifts spread from Wall Street and Asia.

European stock markets dropped significantly as a Wall Street tech sell-off spread globally. The FTSE 100 fell 1.5% and indices in Germany, France, and Spain declined, driven by investor fears over a slowdown in the AI industry.