Is it the end of the Cybertruck? Elon Musk announces factory will shift production
Published . Updated .
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Tesla CEO Elon Musk said in a post on X that the automaker will wind down the production of Cybertrucks in its Texas Gigafactory next year.
Directly affected
- TSLA Tesla+1.9% 30d
Named in this report.
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+5.7% 30d
Consumer Discretionary Select Sector SPDR holds the consumer sector that Tesla belongs to, so it often moves with news about it.
- GM General Motors+12.4% 30d
General Motors is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.
- PCAR Paccar+2.4% 7d
Paccar is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.
- F Ford Motor-6.8% 30d
Ford Motor is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.
- RIVN Rivian Automotive-8.0% 30d
Rivian Automotive is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.
- OSK Oshkosh-2.1% 17d
Oshkosh is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TSLA | +16.37% | +15.91% | base | after close | after close | after close | after close |
| XLY | -1.93% | -0.26% | base | after close | after close | after close | after close |
| GM | -2.16% | -1.12% | base | after close | after close | after close | after close |
| PCAR | -2.47% | -2.40% | base | after close | after close | after close | after close |
| F | -2.47% | -1.92% | base | after close | after close | after close | after close |
| RIVN | -8.25% | -0.04% | base | after close | after close | after close | after close |
| OSK | +2.35% | +4.43% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Tesla CEO Elon Musk said in a post on X that the automaker will wind down the production of Cybertrucks in its Texas Gigafactory next year.
Source: MarketWatch
This story
| Company | When | Move | Status |
|---|---|---|---|
| F | three days earlier | -1.92% | final price |
| F | five days earlier | -2.47% | final price |
| GM | three days earlier | -1.12% | final price |
| GM | five days earlier | -2.16% | final price |
| OSK | three days earlier | +4.43% | final price |
| OSK | five days earlier | +2.35% | final price |
| PCAR | three days earlier | -2.40% | final price |
| PCAR | five days earlier | -2.47% | final price |
| RIVN | three days earlier | -0.04% | final price |
| RIVN | five days earlier | -8.25% | final price |
| TSLA | three days earlier | +15.91% | final price |
| TSLA | five days earlier | +16.37% | final price |
| XLY | three days earlier | -0.26% | final price |
| XLY | five days earlier | -1.93% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Tesla (TSLA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold General Motors (GM), worth $1,001 - $15,000 on 24 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Paccar (PCAR) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Paccar (PCAR) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Ford Motor (F), worth $1,001 - $15,000 on 31 Aug 2026. That is 67 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Ford Motor (F) (held by a dependent child), worth $1,001 - $15,000 on 10 Aug 2026. That is 88 days before publication. Filed 4 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Is it the end of the Cybertruck? Elon Musk announces factory will shift production” scores 12 out of 100. The score uses 1 sources.