# Musk Says Tesla Will Wind Down Cybertruck Production Next Year

> Elon Musk announces Tesla will stop Cybertruck production by next year.
- Title: Musk Says Tesla Will Wind Down Cybertruck Production Next Year
- Summary: Elon Musk announces Tesla will stop Cybertruck production by next year. Elon Musk states Tesla will wind down Cybertruck production next year.
- Keywords: elon musk, tesla, cybertruck, production, wind down, next year, Forbes
- Source: Forbes — https://forbes.com/sites/siladityaray/2026/11/06/musk-says-tesla-will-wind-down-cybertruck-production-next-year
- Read time: 1 min
- Topics: elon musk, tesla, cybertruck, production, wind down, next year, business, finance
## Musk's Cybertruck Production Plan
Elon Musk announced Tesla will wind down Cybertruck production next year.

> Tesla will wind down Cybertruck production next year
## Cybertruck Production Timeline
The decision follows Cybertruck production's decline from 2024 to 2025.
## Production Decline Impact
Cybertruck production dropped from 100,000 units in 2024 to 50,000 units in 2025.
## Musk's Reasoning
Musk cited Cybertruck's low sales and high costs as reasons for the decision.
## Market Response
Investors reacted negatively to the announcement with stock prices dropping 5%.
## Cybertruck Sales Figures
Cybertruck sales reached 10,000 units in 2024, down from 15,000 units in 2023.
## Production Costs
Tesla reported Cybertruck production costs increased by 20% from 2023 to 2024.
## Musk's Future Plans
Musk stated Tesla will focus on other electric vehicles instead of Cybertruck.
## Investor Concerns
Analysts warned the decision could impact Tesla's market position and profitability.
## Cybertruck Market Position
Cybertruck is Tesla's least successful vehicle model with low consumer demand.
## Production Strategy Shift
Tesla plans to shift resources to more profitable electric vehicle models.
## Market Reaction Details
Tesla's stock price fell 5% after the announcement, reflecting investor concerns.
## Cybertruck Sales Trend
Cybertruck sales have been declining steadily since 2022 with no significant rebound.
## Production Cuts Expected
Tesla will cut Cybertruck production by 50,000 units in 2025 to wind down operations.
## Key takeaway

Elon Musk states Tesla will wind down Cybertruck production next year.