The Globe and Mail reports in its Saturday edition that Tesla will wind down Cybertruck production at its Texas gigafactory around mid-2027, chief executive officer Elon Musk said on Friday, after years of persistently weak sales. A Reuters dispatch to The Globe quotes Mr. Musk saying in an X post the production wind-down would enable the automaker to accommodate increased output of its newly launched Cybercab model, which the billionaire has made central to Tesla's robotaxi ambitions. The announcement comes at the end of a bruising week for Mr. Musk as his record political spending of nearly half a billion dollars yielded little in Tuesday's U.S. midterm elections, with the vast majority of the Republican candidates he backed losing their races. Combined, his companies were on track to lose more than $370-billion (U.S.) in market capitalization for the week. The U.S. electric-vehicle maker began delivering the Cybertruck to customers in late 2023. The company only sold 20,237 Cybertrucks in the U.S. last year, down 48 per cent from 38,965 in 2024. Around the start of production in 2023, Mr. Musk had predicted annual sales of 250,000 units. Pickup truck purists mocked its angular, futuristic and showy design.