Tesla Cancels Cybertruck Range Extender Amid Setbacks
Tesla Cancels Cybertruck Range Extender Amid Setbacks

Tesla Cancels Cybertruck Range Extender Amid Setbacks

News summary

Tesla has officially canceled the Cybertruck range extender, notifying customers that it will no longer sell the $16,000 accessory and will refund all deposits. The range extender, intended to help the Cybertruck achieve its originally promised 500+ mile range, would have required installation by Tesla mechanics and occupied a significant portion of the truck's bed. This decision has disappointed customers, as the final production Cybertruck now offers only 320 miles of range and costs $100,000, falling short of initial price and range promises. The cancellation comes amid broader challenges for Tesla, including declining sales and criticism over unmet product expectations. Meanwhile, the company continues to prioritize development of its Full Self-Driving (FSD) software and the upcoming launch of its robotaxi fleet in Austin, both of which remain central to its long-term strategy and stock valuation. Analysts continue to view FSD progress as critical to Tesla's future prospects.

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