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Tesla reserve slips next document EV maker is halting Cybertruck and Type Y manufacturing

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Tesla reserve slips next document EV maker is halting Cybertruck and Type Y manufacturing

A Tesla Cybertruck sits on a quantity at a Tesla dealership on April 15, 2024 in Austin, Texas. 

Brandon Bell | Getty Pictures

Tesla stocks slid greater than 2% Tuesday next a document that the electrical car maker used to be halting manufacturing of Cybertruck and Type Y fashions for a time in Austin, Texas.

The manufacturing stoppage starts June 30, Business Insider reported, mentioning a team of workers assembly the place the announcement used to be made. The recess, which is for repairs on manufacturing traces, will be the 3rd such shutdown on the Austin facility within the age 12 months, consistent with BI.

Tesla is tentatively launching the robotaxi in Austin on June 22, the usage of Type Y automobiles provided with a fresh model of the corporate’s “Full Self-Driving” generation.

CEO Elon Musk shared a video clip on X endmost time of a Type Y robotaxi on a highway in Austin, including to the excitement for the promised establishing.

CNBC has reached out to Tesla for remark at the reported recess.

Learn the whole BI tale here.

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Tesla year-to-date reserve chart.

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