As always, this is Matt from Frunk To Trunk. In my November 8 video I cover the news that Tesla is winding down Cybertruck production, a new referral program that includes a free month of FSD, another financing rate increase, Cybercab expanding to a new city, and what Tesla has planned next. Then I answer the big question: should you buy a Model Y or Model 3 now, or wait? Here is the written version.
Is Tesla cancelling the Cybertruck?
Yes, production is winding down. Elon Musk posted on X that production of the Cybertruck will wind down by mid-2027, to make way for more production of the two-seat autonomous Cybercab. In a follow-up post he clarified that the Cybertruck will still be built for another 8 to 9 months, and that Tesla has a limited amount of dedicated talent for a product like the Cybertruck, which it is moving to Cybercab production. Tesla has also changed its motto to "the future is autonomous."
The Cybertruck, which started deliveries in early 2024, has sold around 70,000 units and made up less than 4% of Tesla's sales and revenue. Orders appear to be continuing for now, but a 9% price increase puts the Premium all-wheel drive at $92,490 and the Cyberbeast at over $102,000. Tesla has also cancelled, or at least paused, orders for the base dual-motor all-wheel drive Cybertruck. If you already have an order, check your Tesla account for the latest on your configuration.
How do you get one month of free FSD from Tesla?
Tesla announced a new referral program focused on self-driving: you now get one month of free Full Self-Driving (Supervised) when you buy using a Tesla owner's referral link. I have 12 slots if you are interested. My referral link is on the Tesla referral link page, along with how it works.
Tesla also just passed 17 billion miles of FSD data, a 35% increase since July. And 75% of new Tesla owners are electing to subscribe to FSD from day one, so many buyers keep it after the free trial ends. For how FSD actually drives, see my FSD 14.3.13 Hurry mode city test.
Did Tesla raise interest rates again?
Yes. Financing on the base long range, all-wheel drive and Premium Model Y is now 2.49% APR, up from 1.99%. If you are looking at a base Model 3, delivery ETAs are still showing April 2027. Rates and incentives change often, so check the current offers on tesla.com before you order. I covered the earlier change in Tesla Raises Model Y Interest Rates: Buy Now or Wait?
JOWUA accessories giveaway
In the video I announce a big JOWUA accessories giveaway, a gift package of JOWUA accessories. Entry is through frunktotrunk.com. JOWUA is the sponsor of this video and one of my favorite Tesla accessory companies, and you can save 5% on all of their products with code MATT25. I would recommend their floor mats, center console organizers and charging hubs. I use the charging hub all the time because it lets you use your phone while it is charging, and I also use their phone holders. Details are on the JOWUA discount code page.
Where is Tesla Cybercab running now?
Cybercab has expanded to another city, Fort Worth, Texas, which now runs Cybercab autonomous rides in its fleet. Service hours have also been extended to 2 a.m., up from 1 a.m. Tesla also showed a new liquid silver Cybercab color and an upcoming, more efficient battery for Cybercab. On the Tesla shop there is new Cybercab merch, including a backpack, a wireframe T, a Cybercab-inspired cup and tumbler, and a reflective T. For accessories from other brands, with discount codes, see Best Model Y Accessories 2026.
Should you buy a Model Y or Model 3 now or wait?
In my opinion, and this is not financial advice, it is still a decent time to buy. The rates are still fairly attractive, and the Model 3 and Model Y are still great options. Tesla just had its third best quarter of all time, and the Model 3 and Model Y drove the most sales. The Model S and Model X were cancelled months ago, and with the Cybertruck at less than 4% of sales, the decision is disappointing for fans of those flagship vehicles, but Tesla sees its future in autonomy. Still deciding between the two cars? Read Model Y vs Model 3 (2026) and Which Tesla Should You Buy in 2026?
What new Tesla vehicles and features are coming?
Tesla filed a patent for what appears to be a refreshed Model S, even though the Model S was previously cancelled. New cameras are confirmed for mid to late 2027, and the new AI5 chips and faster computers will go into Optimus robots first and then Tesla vehicles. Other features I have covered in earlier videos include heating and cooling from the glass (a Tesla patent), steer-by-wire technology and wireless charging. For more on recent updates, see Model Y/3 refresh features.
Is Tesla doomed?
With the Cybertruck now the third vehicle cancelled, there is reason to be concerned. But at the shareholders meeting Tesla said the take rate for FSD is the highest it has ever been, with 1.75 million FSD subscriptions reported. Tesla just had its third best quarter of all time with no EV tax credit, and the Supercharger network keeps expanding, which points to demand and vehicle growth. If the success of self-driving with Tesla owners carries over to the general public through a safer, lower-priced ride share service with Cybercab, Tesla is set up well if it can capture the ride share and taxi market.
Discount codes from the video
This video is sponsored by JOWUA. Use code MATT25 for 5% off.
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- 3W Auto Life — (33% off) Code details →
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Every current code, with copy buttons and shop links, is on the Accessories & Discount Codes page and the discount codes hub.
Ordering a new Tesla?
Using an owner's referral link now includes one month of free FSD. Here is how the referral link works.
I also started a new TikTok account, Frunk to Trunk Drives, where I post self-driving clips. Which Tesla are you considering? Let me know in the YouTube comments.
FAQ
Yes. Elon Musk posted on X that Cybertruck production will wind down by mid-2027 to make room for more Cybercab production, and clarified that it will still be built for another 8 to 9 months.
After a 9% price increase, the Premium all-wheel drive Cybertruck is $92,490 and the Cyberbeast is over $102,000. Orders for the base dual-motor all-wheel drive were cancelled or paused.
Under Tesla's new referral program, buying with a Tesla owner's referral link includes one month of free Full Self-Driving (Supervised).
In the November 8, 2026 video, financing on the base long range, all-wheel drive and Premium Model Y is 2.49% APR, up from 1.99%. Rates change often, so check tesla.com for the current offer.
The newest city is Fort Worth, Texas, and Cybercab service hours now run until 2 a.m., up from 1 a.m.
Matt's take, not financial advice, is that it is still a decent time to buy because rates are still fairly attractive, and the Model 3 and Model Y remain great options.
