The Aporia
Rampell, C. (2026, November 6). Elon Musk Loses $80 Billion as Tesla Pulls the Plug on the Cybertruck. The Bulwark. https://www.thebulwark.com/p/elon-musk-loses-80-billion-as-tesla
Rampell, Catherine. “Elon Musk Loses $80 Billion as Tesla Pulls the Plug on the Cybertruck.” The Bulwark, 6 Nov. 2026, https://www.thebulwark.com/p/elon-musk-loses-80-billion-as-tesla.
Rampell, Catherine. “Elon Musk Loses $80 Billion as Tesla Pulls the Plug on the Cybertruck.” The Bulwark, November 6, 2026. https://www.thebulwark.com/p/elon-musk-loses-80-billion-as-tesla.
Dated from the outlet's own feed. Check the original for its byline.
Tesla CEO Elon Musk announced on X that the company will wind down production of the Cybertruck at its Gigafactory in Austin, Texas around mid-2027. This decision comes after years of poor sales; Tesla sold only 20,237 Cybertrucks in the US last year, a 48% decline from 2024 and far below Musk’s previous prediction of selling 250,000 units annually. The production shift is to accommodate increased output for the newly launched Cybercab model, which Tesla sees as central to its robotaxi ambitions.