Tesla Kills the Cybertruck and Raises Its Price. I Called It Two Weeks Ago.

Tesla will end Cybertruck production in mid-2027 to "make room" for the Cybercab, then raised prices up to $7,500. Instead of admitting nobody wanted it, Musk tells a story. Tesla is a show.

Key takeaways

  • Elon Musk says Tesla will wind down Cybertruck production at Giga Texas around mid-2027 to “make room” for the Cybercab, while the truck sells at roughly a tenth of the 250,000 a year its line was built for.
  • The same day, Tesla raised prices by up to $7,500. The cheapest Cybertruck you can order now costs $92,490, up 32% in about ten weeks.
  • My view: instead of saying nobody wants the Cybertruck, Musk tells a story about the Cybercab. Right now Tesla is a show, not a car company.

Elon Musk announced that Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027 “to make room for increased Cybercab production,” with the truck selling at roughly a tenth of the 250,000 a year its line was built for. The same day, Tesla raised prices by up to $7,500, and the cheapest Cybertruck you can now order costs $92,490.

In this article: I said it two weeks ago · Not a car company. A show. · A closing-down sale where prices go up · And the people who paid $100,000? · FAQ

I said it two weeks ago

On October 24, when Tesla cancelled the Cybertruck in Australia, I wrote: “I think next year we will only hear that the Cybertruck will not be produced at all. But again, he will tell some fairy tale.” I was wrong about one thing. It didn’t take a year. It took two weeks.

And the fairy tale is here. Room? Giga Texas has more than 10 million square feet, the Cybertruck line already runs at about a quarter of its capacity, and Texas had only 463 Cybercabs registered at the end of October. Nobody is fighting for floor space.

Not a car company. A show.

So instead of saying that nobody wanted and nobody wants the Tesla Cybertruck, Musk says it will make room for his new model, the Cybercab. But the way I see it, the Cybercab won’t have any miracle sales either. Right now Tesla is really just a show. Nothing suggests Tesla belongs to the car industry. Sometimes it seems to me it’s just a circus: they talk, and then they talk again, and in the end there’s nothing so famous about it.

Sometimes Tesla has good sales in some country, but on the classic Teslas, the Model 3 and Model Y, not on those ugly big cars. I know I say ugly, but that’s my view; someone may like it. To learn the truth, we would have to hear it directly from Tesla or from Elon Musk. But as always, companies say some nonsense, or only what we’re supposed to know, and the rest we have to find out ourselves.

A closing-down sale where prices go up

Imagine a shop that puts up a sign: “We are closing. Everything must go.” And then it raises its prices. That’s exactly what Tesla did. On the same day it announced the end, it added $7,500 to the Premium AWD and raised the price of the Dual Motor, a version you can’t even order anymore. In ten weeks, the cheapest Cybertruck you can buy went from $69,990 to $92,490.

Cybertruck trim August 2026 November 2026
Dual Motor AWD $74,990 $82,490 (no longer orderable)
Premium AWD $84,990 $92,490
Cyberbeast $99,990 $102,490
Promised in 2019 $39,900 $39,900

Cybertruck US prices. Source: Electrek, Tesla configurator.

Remember the promise from 2019? $39,900. Today it’s more than double, for a truck that’s going away. To me, this is the last squeeze: “last chance, get yours before it’s gone.” Cynicism in its purest form.

I understand Elon and Tesla want to create demand out of it. But raising the price that much on a car that’s ending production, when people didn’t want to buy it at a lower price? I’m curious who told them to make such a PR move. I see more and more companies artificially creating demand for things they know have no chance. Then you only hear from everywhere: “soon it won’t be available for everyone.” I’m waiting for it. That will probably be the slogan for cars that are ending production, or that aren’t even made anymore and still have to be sold.

And the people who paid $100,000?

Musk wrote one sentence. Not one word about owners. How long will parts be available? Who fixes the stainless steel body after a crash? What happens to resale value now that everybody knows the truck is finished? Nothing. And remember, at the end of 2025 Musk’s own companies bought about 19% of all Cybertrucks registered in the US that quarter. Part of the “demand” was Musk buying from Musk.

My advice: if you were thinking of buying one “before it’s gone,” don’t. A discontinued $92,490 truck with its own body, its own castings and its own parts is not an investment. And if you already own one, ask Tesla in writing how long it guarantees parts and service.

Fair is fair: the Cybertruck is impressive engineering. Steer-by-wire and rear-wheel steering on a pickup, nobody else has done that. But a bold idea with no buyers is still a flop. Model S and Model X ended this year “to make room for Optimus.” Now the Cybertruck ends “to make room for Cybercab.” Always the future as the excuse, never “we failed.” Remember my words: we’ll hear the same story again.

Also on Evolt News: Someone Offers to Build the Cybertruck for Tesla. Now Musk Has No Excuse Left · Tesla China Sales Fall 66% to 8,817 Cars. The “10% Growth” Is Just Exports · Musk Says Cybertruck Demand Is Too High · Tesla Cancels Cybertruck in Australia After 7 Years of Deposits · Tesla Hides Its Cybercab Safety Answers · Tesla Q3 2026 Earnings: A Factory of Promises · Tesla Was Ruled Liable for Fraud Over a Solar Roof. It Offered the Owner $5,000

Featured image: Varun Palaniappan / Unsplash.

This article is opinion.

Tesla Cybertruck end of production: FAQ

When will Tesla stop producing the Cybertruck?

Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around the middle of 2027.

Why is Tesla ending the Cybertruck?

Musk says it is to make room for increased Cybercab production. Sales data show the truck selling at roughly 10 to 12% of the 250,000 units a year its line was planned for.

How many Cybertrucks has Tesla sold?

Tesla doesn’t report Cybertruck deliveries separately. Cox Automotive estimates 38,965 US sales in 2024 and 20,237 in 2025; Electrek estimates about 70,000 trucks delivered in roughly three years.

How much does a Cybertruck cost now?

After the November 2026 price increase, the Premium AWD costs $92,490 and the Cyberbeast $102,490 in the US. The Dual Motor AWD is listed at $82,490 but can no longer be ordered.

What happens to parts and service for Cybertruck owners?

Tesla has not said anything yet about how long parts and service will be supported after production ends.

Is the Cybertruck sold outside North America?

No. It isn’t sold in Europe or most right-hand-drive markets, and Tesla cancelled it for Australia and New Zealand in October 2026.

I read this news on Electrek.

Sources: Electrek, Cox Automotive, S&P Global Mobility, Bloomberg, CNN, CBS News.

Our Take

Tesla built a factory for 250,000 Cybertrucks a year and sold about a tenth of that. Instead of admitting nobody wanted it, Musk wraps the end in a story about the Cybercab and squeezes the last buyers with higher prices.

Right now Tesla looks less like a car company and more like a show. The Model 3 and Model Y still sell. The rest is talk.

Evolt News

Evolt News covers Apple, Tesla, AI and gadgets. Every article ends with an honest take on what the news really means.

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