Tesla stock gets Cybertruck extension as Cybercab shift continues
Published on 11/12/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCybertruck Extension Tests Tesla Strategy
- Tesla plans to keep Cybertruck production running through the end of summer 2027 to address its order backlog.
- The Texas factory is expected to make more room for Cybercab robotaxi production after the extension.
- Cybertruck deliveries remain far below Tesla's original annual production ambitions.
Tesla will extend Cybertruck production at its Texas factory through the end of summer 2027, according to a November 12 report by newmobility.news. The change gives Tesla more time to work through the Cybertruck order backlog before the Texas plant shifts additional capacity toward the Cybercab robotaxi.
Chief Executive Elon Musk said the extension was intended to clear more orders. The decision follows Tesla's earlier plan to wind down Cybertruck production around the middle of 2027 and use the factory space for Cybercab manufacturing. The later end date preserves the pickup line for several more months but delays the full capacity shift toward Tesla's autonomy strategy.
Demand Falls Short Of Early Ambitions
The Cybertruck has not approached Tesla's original production expectations. The company does not report the model separately, but Cox Automotive figures cited by newmobility.news put third-quarter sales at 4,323 vehicles and sales for the first nine months at 11,586. Industry estimates place total deliveries at roughly 70,000, while Tesla initially discussed annual production of more than 250,000 units.
Tesla also tried to improve demand through pricing changes. The company introduced a lower-priced all-wheel-drive version at 59,990 US dollars earlier this year, after the entry price had stood at 79,990 US dollars. It later stopped taking orders for that version, leaving more expensive configurations available. The report said the Premium AWD model now starts at 92,490 US dollars, while the Cyberbeast starts at 102,490 US dollars.
The sales figures point to a difficult trade-off. Keeping the Cybertruck line operating may help Tesla fulfill reservations and avoid an abrupt end to the program, but the production space, labor and machinery could otherwise support the Cybercab rollout. Musk has framed autonomous vehicles as a central part of Tesla's future growth strategy, making the timing of the factory transition important for investors.
Cybercab Ramp Adds Execution Risk
The Texas plant's next phase depends on Tesla's ability to scale a vehicle that is still at an early commercial stage. Newmobility.news reported that only 1,244 robotaxis had been registered in Texas, with most still based on Model Y vehicles using autonomous software. Cybercab rides have operated in Texas since September 2025, but the report did not establish a production volume that would offset the Cybertruck capacity being retained.
Tesla stock traded at 347.20 euros on Lang & Schwarz at 14:14 CET on Thursday, November 12, 2026. The company-specific news leaves investors weighing near-term manufacturing complexity against the potential long-term value of a successful robotaxi fleet.
Tesla company facts
- Company: Tesla
- ISIN: US88160R1014
- Lang & Schwarz price: 347.20 euros at 14:14 CET on November 12, 2026
- Cybertruck production plan: Through the end of summer 2027 at the Texas factory
- Cybertruck sales: 4,323 in the third quarter and 11,586 from January through September, according to figures cited by newmobility.news
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