00:00Tesla has announced it will wind down production of its Cybertruck model in mid-2027,
00:05with CEO Elon Musk saying the company will shift its focus towards autonomous vehicles
00:10like the CyberCab. Unveiled in November 2019 with 250,000 pre-orders, the Cybertruck has struggled
00:17to meet sales expectations since late 2023, when first customer deliveries finally began after
00:23many delays. Musk did not clarify what would happen to outstanding orders, nor did he reveal
00:28whether the wind down would result in the product being discontinued altogether in the future.
00:33The only reassured owners that the existing Cybertruck fleet would remain on the roads for
00:38a long time, but also admitted that the decision marks the end of an era. Cybertruck never went
00:44on sale in Europe amid questions over whether it could comply with European vehicle safety requirements
00:49and road safety standards.
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