Austin, 6 November 2026 – Tesla, Inc. plans to begin winding down Cybertruck production at its Texas factory around the middle of 2027 to make room for more Cybercab vehicles, Chief Executive Elon Musk said on Friday. His announcement concerns production at the Austin plant. It did not give a final date for the last pickup to leave the line or confirm whether production could move elsewhere.
For Asian investors following electric vehicle manufacturers and their suppliers, the plan shows Tesla directing factory space towards a vehicle designed for ride-hailing rather than a consumer pickup. That is a decision about which product to build in Texas. Whether it improves Tesla’s returns will depend on how many Cybercabs it can put into service, how often passengers use them and what it costs to run the fleet.
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