Tesla plans to stop making the Cybertruck, but Unplugged Performance wants to take over and create a new SUV with help from Ross Gerber.

Nov 11, 2026, 2:12 AM ETDealRead the original at Benzinga

Bad for TSLA

Tesla plans to wind down Cybertruck production next year after sales fell well below its 250,000-a-year target. Unplugged Performance offered to take over, but the story reports no completed deal to replace that production.

TSLA · Tesla Inc.

AI read · Bad for TSLA

The AI's read

Lost Cybertruck production removes a product Tesla had hoped to build at much greater scale. Unplugged Performance says it could preserve vehicle sales and bring Tesla license and software income. But no agreement or income is reported, so the offer does not yet make up for the weak sales.

Get alerts for TSLA

Follow Tesla Inc. (TSLA) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for TSLA

Free on the App Store and Google Play, or on the web.