Tesla plans to cease production of the Cybertruck by the end of summer 2027. Elon Musk initially extended the production timeline by a few months, moving the deadline from the original spring target.
The decision to discontinue the Cybertruck aims to repurpose space at the Giga Texas facility for the production of the fully autonomous Cybercab.
Tesla previously discontinued the Model S and Model X earlier this year. Following the end of the Cybertruck, the company's consumer vehicle lineup will be limited to the Model 3 and Model Y.
Musk stated that the company will attempt to produce as many trucks as possible before the line shuts down in approximately 8 months, noting that many customer deposits will need to be returned.
Actual sales figures for the Cybertruck have fallen significantly below initial projections of 250,000 to 500,000 units annually. Last year, Tesla sold approximately 20,000 trucks, with lower figures expected this year.
The aftermarket company Unplugged Performance has expressed interest in producing the Cybertruck and related vehicles under license, contingent on securing investor funding.
