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

Elon Musk's automotive company won't manufacture Cybertruck and Model Y vehicles for one week starting on June 30, according to Business Insider.

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