- Tesla shares slipped after a report that the electric vehicle maker was halting production of Cybertruck and Model Y models for a week in Austin, Texas.
- Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of the company’s “Full Self-Driving” technology.
- Groups in Austin on Thursday protested the upcoming robotaxi pilot launch and Musk’s involvement in the Trump administration.
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.
Source: https://www.cnbc.com/2025/06/17/tesla-stock-cybertruck-model-y.html