Overview

• Tesla will halt Cybertruck and Model Y production at its Austin factory during the week of June 30 through July 4 for routine maintenance on assembly lines.
• Employees affected by the pause can take paid time off or participate in voluntary training and facility cleaning shifts.
• This shutdown marks at least the third interruption at the Austin plant in the past year, following a December battery supply halt and a late May stoppage.
• Tesla shares dipped more than 2% after investors learned of the upcoming production break.
• The maintenance pause comes just days before Tesla plans to launch a Robotaxi service using 10 to 20 Model Ys equipped with Full Self-Driving technology.