From Mother Jones · Brian Kahn · · 1m 10s
Cybertruck Cancellation Boosts EV Market
Tesla ending Cybertruck production helps smaller electric vehicles gain traction.
In brief
Tesla ending Cybertruck production helps smaller electric vehicles gain traction. Tesla's Cybertruck discontinuation creates space for affordable EVs with smaller batteries to meet growing demand. Originally reported by Mother Jones.
Tesla ends Cybertruck production
Tesla will stop making Cybertrucks at its Texas Gigafactory next year.
Cybertruck's design and sales issues
The Cybertruck has divisive design and poor sales due to recalls and Elon Musk's approach.
Big EVs waning in popularity
The end of Cybertruck signals declining demand for large electric vehicles.
Battery size comparison
Cybertruck uses 123 kilowatt-hour battery weighing 1,600 pounds versus Ford's 98-131 kilowatt-hour range.
Ford's shift to smaller EVs
Ford plans to launch affordable Fathom electric pickup with smaller battery than Cybertruck.
Rivian's smaller EV strategy
Rivian launches R2 with 88 kilowatt-hour battery and plans R3 for even smaller size.
Market shift to smaller EVs
Top EV sales now include smaller crossovers and sedans with moderate batteries.
Smaller batteries lower costs
Smaller batteries reduce EV costs and help meet rising consumer demand.
Here's the gist
Tesla's Cybertruck discontinuation creates space for affordable EVs with smaller batteries to meet growing demand.
