Remember when we used to just throw steel balls at Cybertrucks? Bring me back…

Pour one out for the Cybertruck, friends. On Friday, Phony Stark (read: Elon Musk) said Tesla will shut down the steel trapezoid’s production line in about eight months. Then on Monday, he hopped on X to make sure nobody got the wrong idea.

Per Elon: “The Cybertruck order rate far exceeds our production rate.” Sounds legit. Tesla will “try to make as many as possible,” but it “will have to return deposits for a lot of people” (all $100 of it, for the OG 2019 crowd).

Elon also swatted down reports that the truck loses money, which he says were “misreported by legacy media.” The real reason, per Elon: “the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.”

In other words, Elon’s leaving the truck for a younger, smaller model, aka the Cybercab, a two-seat robotaxi with no steering wheel or pedals that will get the Cybertruck’s floor space at Giga Texas. Friendly reminder, the carmaker that gave us the Cybertruck (even though no one asked) already axed the Model S and X earlier this year to make room for Optimus robots. Elon keeps insisting Tesla is an AI and robotics company now… which is still exactly what someone who isn’t good at selling cars would say.

You might recall that when the first Cybertrucks rolled out in late 2023, Elon was bragging about 1 million reservations and predicting ~250,000 sales a year. So how many has Tesla actually sold since? Well… not a lot. Industry estimates say about 71,000, meaning ~93% of those reservations never became a truck. Per Kelley Blue Book, US sales fell 48% in 2025 and another 28% through the first nine months of 2026. So yeah, demand for Cybertrucks is lower than Elon’s willingness to use birth control (I’ll save you the Google… he’s up to at least 14 kids now).

Oh, and a not-so-small chunk of last year’s trucks went to Tesla’s biggest fan, Elon SpaceX. Per its IPO filing, the rocket company bought $131M worth of Cybertrucks in 2025 (think: roughly 1,500 trucks, or ~7% of 2025’s US sales). xAI also dropped hundreds of millions on Tesla Megapacks for its data centers before it merged into SpaceX (read: an Elon-on-Elon circle jerk).

To be fair, the truck could get one last bump now that it’s going extinct. Elon even told a fan on X that the Cybertruck is “the best vehicle Tesla has ever made” and called the wind-down the “end of an era.” It’s just that you don’t usually Old Yeller the best vehicle you’ve ever made.

But then again… judging by those sales numbers, it was only a matter of time until the Cybertruck joined Juicero, Segway, and Roomba at the big Sharper Image in the sky (sup, F-150 Lightning). Rust in peace, big guy…

Until next time, friends! 

At the time of publishing, Stocks.News holds positions in Tesla as mentioned in the article.