From Business Insider · Ben Shimkus · · 50s
Tesla extends Cybertruck production to end of summer 2027
Elon Musk reverses course on Cybertruck, extending production by months to clear backlog before focusing on robotaxi.
In brief
Elon Musk reverses course on Cybertruck, extending production by months to clear backlog before focusing on robotaxi. Tesla will extend Cybertruck production through end of summer 2027 to work through order backlog, reversing Musk's earlier plan to halt production mid-2027. Originally reported by Business Insider.
Musk extends Cybertruck production
CEO Elon Musk posted on X on Wednesday that Cybertruck production would be extended through the end of summer 2027 to work through more of the order backlog.
“In order to work through more of the Cybertruck order backlog, production will be extended through the end of summer 2027”
Reversal from earlier plan
Five days earlier, Musk had said Cybertruck production would end around mid-2027 to focus assembly power on Cybercab, Tesla's steering wheel-less robotaxi, citing manufacturing complexity.
Cybertruck sales lag expectations
Tesla sold just 76,000 Cybertrucks over three years, far below Musk's 2019 forecast of 150,000 to 250,000 units annually. The figure includes 131 million dollars in sales to SpaceX in 2025.
The bottom line
Tesla will extend Cybertruck production through end of summer 2027 to work through order backlog, reversing Musk's earlier plan to halt production mid-2027.
