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Tesla to wind down Cybertruck production amid weak sales

Tesla will gradually reduce Cybertruck production at its Texas gigafactory starting around mid-2027, CEO Elon Musk said on Friday, after years of poor sales for the futuristic pickup once touted as a rival to legacy trucks. The Korea Times reports Musk announced the plan on X (formerly Twitter), with production to be phased down from mid-next year. The model, which had a sales target of 500,000 units annually, fell far short, with only about 20,000 sold, according to Dong-A Ilbo. Chosun Ilbo quotes Musk calling it "the end of an era," as Tesla shifts focus to autonomous taxis and AI-driven businesses. Maeil Business Newspaper notes the Cybertruck, once a "hot car" even ridden by G-Dragon, is now heading for discontinuation.

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