Tesla is reportedly pulling workers off Cybertruck factory lines and dropping production targets for the model amid plummeting sales [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
Cybertruck sales have slumped amid a slew of recalls and investor concerns over the future of the EV-maker. Tesla has recently incentivized Cybertruck purchases with perks and a cheaper model. Tesla is reportedly shrinking its Cybertruck production goals amid struggles to sell the model. The EV-maker has lowered its production targets in the past few months, Business Insider reported , citing two anonymous employees. Tesla has also thinned out some Cybertruck production lines—some teams by more than half—according to four workers who spoke on the condition of anonymity with the publication. Some Cybertruck factory workers at the company's Texas Gigafactory have reportedly been transferred to the Model Y line as of January. “It feels a lot like they're filtering people out," one employee told BI . "The parking lot keeps getting emptier." Tesla reportedly began the move in December, surveying employees on their preferred work assignments and reassigning some to Model Y productio
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