FREMONT, CA — The plug is getting pulled on the Cybertruck, once touted by Elon Musk as Tesla's "best product ever."
Musk announced on X on Sunday that Tesla will try to make as many Cybertrucks as possible over the next eight months before shutting down the line. The truck was unveiled in 2019 and met with controversy, with many people criticizing the car's shape and design.
"In order to work through more of the Cybertruck order backlog, production will be extended through the end of summer 2027," Musk said Wednesday. "This is not the smartest move from a profit-maximizing standpoint btw, but there must be some room in this world for sentimentality or what's the point?"
The company will also have to return deposits to "a lot of people," Musk said. But the end of production isn't due to low sales, as media outlets, including Reuters, reported, Musk said.
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Musk said, "The opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production."
The end of production comes as Tesla has been shifting towards robotics and autonomy, according to Reuters.
Tesla has several production lines across the United States, including Fremont and Texas. The Cybertrucks are produced at the Gigafactory in Austin.
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