Key highlights
- Tesla Cybertruck production end announced for 2027
- Poor sales, high price, and radical design led to discontinuation
- Cybertruck went on sale in the global market in 2023
In an inevitable announcement, Tesla has announced that it will be ending the production of the Cybertruck from next year. The Cybertruck has been on sale since 2023 in the global market, and it has never made it to India since its launch.
The Cybertruck was initially revealed in 2019, and it was set go on sale by 2020. However, the pandemic and internal reasons delayed the launch to 2023. Carved out of a stainless steel body and boasting an extraordinary, radical shape, the Cybertruck garnered high initial bookings.
However, things went south rapidly. Tesla buyers who bought the first batch had to face criticism of its radical design, along with a steep price. Moreover, it has several build quality-related flaws, which was an addition to its falling popularity.
The cherry on top of the cake was the Cybertruck failing to meet the European safety norms. This led to a big miss for Tesla, as it could not sell it in Europe, which is one of the biggest markets for EVs after China.
When introduced to the world, Elon Musk claimed to sell 250,000 units a year. However, only a total of 63,000 units have hit the roads globally since the launch.
Meanwhile, the discontinuation of the Cybertruck will help increase the production capacity for the Cybercab. The latter is a fully autonomous electric taxi that comes with butterfly doors and has no steering wheel.
With the Cybertruck getting axed, the Model 3 and Model Y will be the only Tesla cars that will remain on sale in the global market. However, Tesla recently showcased the Roadster two-door supercar that will go on sale in 2028 with the booster technology.
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