Musk: Cybertruck production to end next year at Texas factory

In a post on the X platform, Tesla CEO Elon Musk announced that the automaker will gradually phase out Cybertruck production at its Gigafactory in Texas next year. Musk's statement signals a significant change in the production planning for the Cybertruck model. The company has decided to halt the production line for this vehicle at the Texas factory as of next year. The decision stands out as part of Tesla's process of reorganizing its production capacity and model strategy. Musk's post is the first official announcement to publicly disclose the timeline for ending Cybertruck production. The statement did not provide additional information on how the facility will be used after production ends or whether there are any other plans for the Cybertruck. Not investment advice.

📊 TSLA — Piyasa Yorumu

▼ down · 60%

The announcement that Cybertruck production will end at the Texas factory could negatively affect Tesla's future revenue expectations. A 24-hour drop of 15.8% and oversold signals such as RSI at 20 indicate that the price will likely remain under pressure in the short term. With MACD in negative territory and its signal line also negative, this supports downward momentum. However, the immediate impact of this news may be limited; investors may await further data. In the short term, the price is likely to continue falling below the SMA20 and SMA50.

RSI 14

20.2

MACD

-14.98

24h Δ

-15.81%

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