Tesla Stocks Jump 5.53% as Musk Shifts Cybertruck Capacity Toward Cybercab Khac Phu Nguyen Mon, November 9, 2026 at 1:10 PM EST 1 min read TSLA +5.33% Trade Tesla on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Tesla (NASDAQ:TSLA) shares jumped 5.53% to $378.02 as of 10:44 a.m. ET on Monday, November 9, in regular trading, after CEO Elon Musk said the company will return deposits to many Cybertruck customers because "the Cybertruck order rate far exceeds our production rate." He said Tesla would build as many trucks as possible before shutting the line in about eight months.
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Musk rejected claims the truck is unprofitable and said its complexity is outweighed by the value of Cybercab production. Tesla plans an extra shift to fill orders before the line comes down, and lists installed capacity for more than 125,000 Cybercabs a year in Texas. Demand data cut the other way: U.S. Cybertruck sales fell 48% to 20,237 last year and dropped another 28% in the first nine months of 2026, per Kelley Blue Book data. Investing.com reported that investors read the move as a vote for autonomy.
Tesla scores 88/100 on GuruFocus's GF Score, with 9/10 for Growth, 8/10 for Financial Strength and 7/10 for both GF Value Rank and Momentum. Profitability is the weakest dimension at 6/10, which supports Musk's case for moving factory space toward higher-value products. The price sits about 5% above the GF Value of $358.73, so the robotaxi bet is not priced cheaply. At the $74,990 entry price, last year's 20,237 Cybertrucks equal only about $1.5 billion in sales, a small slice for a $1.5 trillion company. The next test is the Cybercab production rate and how quickly paid robotaxi service expands beyond Austin.
