Tesla CEO Elon Musk announced that production of the Cybertruck at the Texas Gigafactory will wind down around mid-2027. The Texas factory near Austin is currently the only facility known to produce components for the Cybertruck, leaving uncertainty about whether the model will be discontinued entirely or production shifted elsewhere. Tesla shares rose about 2% in premarket trading following the announcement. This move signals a major shift in Tesla's manufacturing plans for the distinctive electric pickup truck.
Tesla shares are trading at USD 349.91 on Pluang, up 1.81% as of Nov 06, 2026 17:51 WIB. The stock shows a balanced interest with 54% of orders to buy and 46% to sell, reflecting active engagement from investors.
Tesla CEO Elon Musk announced plans to scale back Cybertruck production at the Texas gigafactory by mid-2027 to increase output of the new Cybercab, a key part of Tesla's robotaxi strategy. The Cybertruck, known for its futuristic design, has struggl...
Elon Musk's net worth dropped by nearly $80 billion in one day due to a 10.77% fall in Tesla's stock amid a broad tech market sell-off. Chipmakers like Micron and AMD also suffered steep losses despite strong earnings, driven by fears of political ch...
Apple, Amazon, Tesla, and about 62 other companies have formally objected to having their shares tokenized and traded on a new blockchain stock venue co-owned by the NYSE's parent company. Under SEC rules, companies can block third-party tokenized ve...
Tesla's stock has soared since its 2010 IPO at $17, turning a $1,000 investment into about $241,852 today, driven by product launches and expansion into AI and robotics. However, recent investors face losses as the stock price has declined over the p...
SpaceX and Tesla shares fell 9% following Texas elections that brought Democratic leaders promising to halt new data center construction and investigate SpaceX's Starlink grants. This threatens SpaceX's planned data centers and Tesla's robotaxi expan...
