Tesla Phases Out Cybertruck and Drops a Model Y Trim as Rivian and Lucid Push Ahead
Stocktwits reports Tesla will end Cybertruck output in mid-2027 and drop the cheapest AWD Model Y, while Rivian and Lucid update their plans.
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what happened
Per Stocktwits, Tesla plans to stop building the Cybertruck at its Gigafactory Texas around mid-2027 to free up room for Cybercab production, according to a post by CEO Elon Musk on X. The stainless-steel pickup was once projected at 250,000 units a year, but it sold about 20,000 units in the U.S. last year after deliveries began in late 2023. Musk said the order backlog exceeds remaining capacity and that the decision was partly driven by sentimentality, adding that it is not the smartest move from a pure profit standpoint.
Tesla also removed the $41,990 Model Y All-Wheel Drive from its U.S. online configurator after it had been on sale for less than a year. The cheapest AWD version is now the Premium trim at $49,990, while the rear-wheel-drive Model Y at $39,990 remains on sale. Stocktwits also cites Bloomberg, which reported that merger talks between Tesla and SpaceX have advanced, with an announcement possible as early as December.
Rivian CEO RJ Scaringe told Kleiner Perkins that its Mind Robotics spinoff will put its first robots to work at the Normal, Illinois plant in mid-2027, initially handling about 20% of tasks. Lucid posted third-quarter revenue of $350.3 million, below forecasts, and cut its quarterly free-cash-flow outflow by roughly 30%. The midsize Cosmos SUV is still targeted for production in the second half of 2027.
why it matters
For investors, the update shows Tesla shifting capacity toward robotaxis and robots, while Rivian and Lucid rely on cheaper models and outside funding to scale. Stocktwits data shows TSLA down 13% year to date and LCID and RIVN down 38%.
market impact
Tesla, Rivian and Lucid shares: changes to lineups and output plans shape volume expectations.
tags
instruments
on polymarket
sources
- Zero To Sixty: Tesla Winds Down Cybertruck, Pulls Model Y Variant While Rivian, Lucid Chase Volumes In EV Updates This Week — Stocktwits, 14 November 2026 at 00:45 UTC
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