A Tesla Cybertruck sits on a lot at a Tesla dealership on April 15, 2024 in Austin, Texas.
Tesla shares fell nearly 4% on Tuesday after a report that the electric vehicle maker was halting production of Cybertruck and Model Y models for a week in Austin, Texas.
The production stoppage begins June 30, Business Insider reported, citing a staff meeting where the announcement was made. The pause, which is for maintenance on production lines, would be the third such shutdown at the Austin facility in the past year, according to BI.
CNBC has reached out to Tesla for comment on the reported pause.
Tesla is tentatively launching its Model Y robotaxi in Austin on June 22, using vehicles equipped with a new version of the company's "Full Self-Driving" technology.
CEO Elon Musk on June 10 reposted a video clip on X of a Model Y robotaxi on a road in Austin, adding to the buzz for the promised launch.
ChillyFireball on June 17th, 2025 at 23:32 UTC »
All Elon had to do was not be a jackass, and he could have lived the rest of his life with the public's inexplicable goodwill, but no; he had to go and accuse that rescue diver of being a pedophile, and it was all downhill from there.
oripash on June 17th, 2025 at 23:03 UTC »
Model Y? Wow. Must really be bad.
Tyrrox on June 17th, 2025 at 23:00 UTC »
Why produce more when they already have a lifetime supply prebuilt