Tevel

World news, in Hebrew and English

Tesla expected to end production of Cybertruck

Following disappointing sales figures, electric vehicle giant Tesla is reportedly considering phasing out the model.


Tesla Cybertruck Foundation Series, 2024
Tesla Cybertruck Foundation Series, 2024 · Photo: Alexander-93 · CC BY-SA 4.0 · Wikimedia Commons

Tesla is expected to end production of its Cybertruck electric pickup following years of poor sales figures, according to reports this morning by the Jerusalem Post and Reuters. The move follows underwhelming performance in the U.S. market, where similar electric pickups from manufacturers such as Ford have also struggled to gain significant traction. Automotive analysts noted that the sluggish sales are not unique to the Cybertruck but reflect a broader trend across the electric pickup sector. Further details regarding the official timeline for ending production have not yet been released.

Sources: Jerusalem Post — front page, Investing.com

Generated automatically by the Tevel desk and labelled as such.