Tesla winds down the Cybertruck plant to make room for Cybercab robotaxi expansion; the company shifts toward robo-taxis and new two-seater models.
Lucid has reported third-quarter results showing continued production and delivery challenges, with CEO Silvio Napoli steering cost-cutting and a shift in strategy as the Cosmos is delayed. Rivian surges in production, underscoring a competitive EV market while Lucid campaigns to widen its addressable market.
Tesla has announced it is winding down Cybertruck production at its Texas factory to make room for its Cybercab robotaxi, signaling a pivot toward AI-driven mobility. The company says the Cybertruck fleet will remain for years, while Cybercab becomes its new core product in the robo-taxi push.
Tesla has announced a wind-down of Cybertruck production at its Texas gigafactory to free capacity for the Cybercab robotaxi. The move follows years of underwhelming sales and shifts the company toward AI and robotics as its core focus. The Cybertruck, delivered since 2023, has not met early demand forecasts and has faced recalls and quality concerns.