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PropMarketCapFRESHCurrencies, commodities and indices

Tesla will wind down Cybertruck production by mid-2027 - the line will be given over to robotaxis

Production of the Cybertruck pickup at the Gigafactory Texas plant will stop by mid-2027, and the freed-up capacity will go to the driverless Cybercab taxi. From January to September 2026, 11,586 Cybertrucks were sold in the US, whereas Elon Musk had counted on 250,000 vehicles a year.

PropMarketCapCurrencies, commodities and indices

Tesla -3.34% on the day of Dow's best session in 19 months: Nasdaq gained 1.44%

Tesla shares closed on Wednesday, November 4, at $385.19, losing $13.31 on the day, while the Dow Jones index gained 3.00% - its strongest session in 19 months. The market is pricing in political risk after the Democrats' victory in Congress.