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This article first appeared on GuruFocus. Elon Musk, chief executive of Tesla Inc. (TSLA, Financials), said the company aims to stop constructing Cybertrucks at its Gigafactory Texas about mid-2027 to free up capacity to build more Cybercabs. Warning! GuruFocus has detected 3 Warning Sign with SPCX. Is SPCX fairly valued? Test your thesis with our free DCF calculator. The decision is a departure from the electric pickup, which has seen demand slump since its introduction in 2023. Cybertruck has also had recalls, quality-control issues and many pricing fluctuations. Tesla is aiming to start public deliveries of the Cybercab by the end of 2026.
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