Quartz·1 min read·medium

Tesla is winding down Cybertruck production to make room for more Cybercabs

Cris Tolomia
✦AI Summary

Tesla is reportedly winding down production of the Cybertruck after selling 70,000 units over three years. The project is concluding with a reported net loss of $1.9 billion as the company shifts focus toward the Cybercab.

Why it matters

The move highlights the financial challenges of scaling niche electric vehicle projects and a strategic pivot toward autonomous transport solutions.

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CEO Elon Musk said the truck sold 70,000 units over three years and…

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