Tesla Stock Dips After Cybertruck, Model Y Production Halt
Tesla stock dropped nearly 4% following a report that the Austin, Texas Gigafactory will halt Cybertruck and Model Y production for a week starting June 30th for planned factory maintenance. This marks the third such production pause in the past year. The shutdown comes shortly before the anticipated June 22nd launch of the Model Y robotaxi in Austin, featuring updated “Full Self-Driving” technology. Tesla has yet to officially comment on the reported production halt.
John Q. Hosedrinker