Tesla decided to temporarily halt Cybertruck and Model Y production in Austin, Texas.
Production is only going to be halted for a week, and every other factory will remain operative.
Even so, the news obviously made headlines.
But it’s not for the reason some people think.
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The real reason why Tesla is halting Cybertruck and Model Y production
According to a Business Insider report, Tesla decided to halt Cybertruck and Model Y production at Giga Texas from June 30.
Production at the factory located in Austin, Texas is expected the resume the following week.
According to the report, the reason is not lack of demand, as many speculated, but scheduled maintenance work on production lines designed to boost production.
Although neither Tesla nor Business Insider provided any details about said maintenance work.
Does Tesla have a sales problem?
Even so, many people still claim that this is related to the fact that Teslas aren’t selling as well as they used to.
After unveiling its first model in the late 2000s, Tesla dominated the EV market for the best part of a decade, in large part thanks to the fact that competition was either lacking or completely absent.
That changed quite rapidly with the rise of Chinese automakers like BYD and Xiaomi which, at least on paper, can offer compelling vehicles at a lower price.
Tesla is certainly going through a transformational period, partly due to its new focus on robotics and autonomy, and also because its line-up is going through a transition.
Aside from the Model Y and Model 3, which are doing well, you only have the Cybertruck and the Model S and X, the company’s oldest and worst-performing vehicles in terms of sales.
Both were recently updated for the first time in years, but it’s going to take a few months to see whether that has any effect on sales.
In the meantime, people are also eager to see the Cybercab in question, and – of course – everyone is still curious about the long-awaited entry-level ‘Model Q’.
If everything goes to plan, both vehicles should be available to the public by the end of the year.
Let’s wait and see.
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