The company will simply perform maintenance work and make some improvements on assembly lines to increase production, but the market didn't like the news

Tesla will temporarily halt operations at its Austin, Texas Gigafactory later this month, a move it says will allow it to run maintenance at the plant. But the move also will permit it to draw down increasingly bloated inventories of both the slow-selling Cybertruck pickup and the recently updated

Electric vehicle maker Tesla is reportedly putting a pause on Cybertruck and Model Y production at its Austin, Texas factory starting June 30, as reported by Business Insider. The break, which was allegedly announced during a staff meeting, is reportedly for maintenance.