News

Tesla Extends Cybertruck Production Until Summer 2027

Tesla has extended the planned production run of the Cybertruck until the end of summer 2027, pushing its previously announced production wind-down by around two to three months.

CEO Elon Musk confirmed the revised timeline in a recent post, stating that the extension would help Tesla fulfil more of the electric pickup’s existing order backlog. The company had earlier indicated that production at its Texas Gigafactory would wind down by the middle of 2027.

Musk acknowledged that extending production was not the most profitable decision. He had also previously indicated that Tesla might have to return deposits to several prospective buyers.

Cybertruck production and sales

The Cybertruck has reportedly sold around 63,000 units globally since its launch in 2023, falling well short of Musk’s earlier prediction of 2,50,000 units annually. Poor sales have been cited as a key reason behind Tesla’s decision to wind down production.

The move is also expected to free up manufacturing capacity for the Cybercab, Tesla’s fully autonomous electric taxi.

With the latest extension, the Cybertruck will remain in production for a few additional months as Tesla works through its order backlog before shifting focus towards other projects.

Also read: https://fly-wheel.com/denza-d9-electric-mpv-launched-in-india-at-%e2%82%b990-lakh/

Final Take

The extension gives Tesla more time to fulfil existing Cybertruck orders, even as the company prepares to redirect production capacity towards the Cybercab.

Jeevan Boby

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