Tesla stock: Cybertruck sales slump sharpens Cybercab capacity bet

Tesla stock traded at 337.15 euros on Lang & Schwarz at 16:31 CET on Tuesday, November 10, 2026, 0.22 percent above the Xetra close of Monday, November 9, at 336.40 euros. The latest developments add pressure to Tesla's shift from the Cybertruck toward autonomous vehicles, as AD HOC NEWS reported.

What has changed since the previous report

The new report adds a sharper measure of Cybertruck demand. Reuters, citing Kelley Blue Book, said US sales fell 48 percent in 2025 to 20,237 vehicles. That was well below Elon Musk's earlier projection of 250,000 annual sales, increasing the strategic importance of how Tesla allocates factory space.

Musk said Tesla will try to build as many remaining Cybertrucks as possible before closing the Texas line in about eight months. An additional production shift is planned to process outstanding orders, but the backlog is too large to fulfill completely. Customers whose orders cannot be completed are expected to receive their deposits back.

Capacity shifts toward Cybercab

Tesla plans to wind down Cybertruck production around mid-2027 and redirect factory space, equipment and labor toward the two-seat Cybercab robotaxi. Musk has rejected the view that the decision reflects an unprofitable vehicle, arguing instead that the model's complexity carries a higher opportunity cost than additional Cybercab output.

For investors, the transition creates a clear execution trade-off. Redirecting scarce capacity could improve returns if Cybercab demand and manufacturing economics develop as Tesla expects, while refunds and an earlier production exit could weigh on the Cybertruck program and brand.

The broader US market remains relevant for Tesla stock; investors can follow the S&P 500 for the wider equity context.

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