Tesla

Elon Musk announced winding down Cybertruck production, saying the model is not unprofitable but its production complexity has a high opportunity cost compared with ramping Cybercab robotaxi output. The move follows sustained criticism over the vehicle’s design and safety, including European restrictions, and reports of negative public reactions from owners. Tesla will redirect resources toward higher-priority projects rather than expanding Cybertruck manufacturing. » Mere på theguardian.com

Following quarterly results and comments by Elon Musk, speculation about a merger of Tesla and SpaceX is dominating the discussion. Jefferies lowered its price target for Tesla from $400 to $375, while JPMorgan and other analysts see strategic logic for a combination and JPMorgan considers a 30–35% premium possible. Experts predict high probabilities of a merger by 2027, while products such as Cybercab and Optimus are still in early testing phases and are not expected to generate material revenue before mid-2027. » Mere på deraktionaer.de

Elon Musk says Cybertruck production at Gigafactory Texas is being wound down because Tesla lacks enough qualified staff to build the Cybertruck and Cybercab at the same time. Cybertruck manufacturing will be scaled back in mid-2027 to favor increased Cybercab production. At the same time, Tesla has seen significant leadership departures since Investor Day 2023, including in the Cybercab program, exacerbating capacity and skills shortfalls. » Mere på golem.de

Elon Musk said Tesla will return deposits to a large number of Cybertruck customers as the company winds down production at its Texas factory to make room for increased Cybercab (robotaxi) output. Tesla plans to continue Cybertruck production for about eight to nine months and aims to complete as many orders as possible before shutting the line by mid‑2027. Musk said the move is driven by the opportunity cost and complexity of the Cybertruck versus the value of scaling Cybercab production, not by unprofitability. Analysts point to the Cybertruck's high price and limited demand as factors behind the decision. » Mere på cbsnews.com

Elon Musk announced Tesla will wind down Cybertruck production next year to make room for the Cybercab after the truck failed to meet expectations. Tesla sold about 70,000 Cybertrucks versus a targeted 250,000, with unsold units partly absorbed by SpaceX. The vehicle faced criticism for price, range, recalls and styling, and its association with Musk’s high-profile political spending and defeats is cited as worsening its market appeal. » Mere på theverge.com