Production of the Tesla Cybertruck, as well as the newly updated Model Y, will be paused later this month. The temporary move comes at a time when both products are struggling due to slow demand. Separately, Tesla is facing pressure to delay the launch of the long-awaited Robotaxi tentatively scheduled to also roll out of its Austin, Texas plant this coming weekend. More from Headlight.News.
In the weeks after Tesla unveiled its Cybertruck in November 2019, the automaker claimed to have logged more than 1 million advance reservations. As it turns out, only a handful of those have been translated into actual sales. Now, the automaker has an estimated 10,000 unsold trucks piled up on dealer and factory lots – worth about $800 million. The lack of demand has led Tesla to pull the plug on a range extender option that was supposed to deal with the truck’s limited range. Headlight.News has more.