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Tesla drops Cybertruck production targets and moves some workers off the line, employees say
TeslaTesla(US:TSLA) Business Insiderยท2025-04-17 08:15

Production Adjustments - Tesla is scaling back Cybertruck production, dropping targets for several lines and running at a small fraction of previous capacity [1][5] - The company has moved some workers from the Cybertruck line to the Model Y line, indicating a reduction in workforce dedicated to Cybertruck production [2][8] Sales Performance - In the first quarter of 2025, Tesla sold 6,406 Cybertrucks, which is half of the previous quarter's sales, with fewer than 50,000 Cybertrucks delivered to date despite over a million reservations [3] - Overall sales for Tesla have been trending downward, with a 13% drop in first-quarter delivery results compared to the same period in 2024 [4][6] Competitive Landscape - Tesla faces increasing pressure from competitors, protests outside showrooms, and a significant drop in stock value, down around 40% year-to-date, although shares are still up over 53% from the previous year [6] Future Production Goals - Despite current challenges, Tesla's CEO Elon Musk has promised to double vehicle production rates in the US over the next two years [7]