Tesla and Nissan shift focus in truck industry

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By David Miller • Updated Nov 7, 2026 at 05:25

Musk axes Tesla's Cybertruck in favour of self-driving taxis - ABC News & Headlines - Australian Broadcasting Corporation — Tesla and Nissan shift focus in truck industry

Tesla's CEO the company's leadership has announced the discontinuation of production of the Cybertruck at the Austin Gigafactory due to low demand. Meanwhile, Nissan plans to launch its China-made pickup truck globally from Mexico, with the Japan's introduction still under consideration. A sinkhole in Beaumont, Texas opened approximately three months after a pickup truck was swallowed by the ground, raising concerns about the impact of heavy vehicles on the terrain.

“A sinkhole in Beaumont, Texas opened approximately three months after a pickup truck was swallowed by the ground, raising concerns about the impact of heavy vehicles on the terr,” — Chloe Radcliffe, research director at Ellcroft Gate Financial, added during the briefing.

Timeline

Nov 5 — Tesla's CEO the company's leadership has announced the discontinuation of production of the Cybertruck at the ...

Nov 8 — A sinkhole in Beaumont, Texas opened approximately three months after a pickup truck was swallowed by the grou...

Reader Poll: Has this affected your local community? — 47% of Todiko readers said yes.

This story has been closely followed by our readers since Nov 5. The Ellcroft Gate Financial desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Wednesday, Nov 11.

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Editor's note: this report was prepared by the Ellcroft Gate Financial desk and last updated 10:17 UTC.

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