Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says
Tesla will build as many Cybertrucks as possible before ending production, then refund many deposits and shift factory capacity to its Cybercab robotaxi.
- CEO Elon Musk announced Tesla will refund many Cybertruck deposits as orders far exceed production capacity, prompting the company to wind down the pickup truck's production at its Texas Gigafactory within eight months.
- Manufacturing resources are shifting toward the Cybercab, a vehicle central to Tesla's autonomous-driving ambitions, requiring dismantling the current pickup production line by mid-2027.
- Sales fell 48% to 20,237 units last year, according to Kelley Blue Book, far below Musk's earlier projection of 250,000 vehicles annually since Tesla began deliveries in late 2023.
- Tesla will add an extra production shift to fulfill outstanding orders before closure. Musk stated, "We will try to make as many as possible before shutting down the line in about 8 months."
- The Cybercab remains central to Tesla's self-driving plans as the company scales autonomous vehicle manufacturing; while Cybertruck production ends, focus shifts to developing its autonomous taxi fleet.
51 Articles
51 Articles
Musk says Cybertruck isn't dying from weak sales — the numbers disagree
Elon Musk now claims Cybertruck orders “far exceed” Tesla’s production rate, and that the truck isn’t being killed because it’s unprofitable. It’s his second explanation in three days for ending the pickup. The problem is that Tesla’s own numbers say the opposite. The Cybertruck line has been running at roughly a quarter of its installed capacity, and Tesla spent all of 2026 discounting, re-trimming, and repricing the truck to find buyers. more…
Tesla to refund many Cybertruck deposits before production ends, Musk says
Tesla will have to refund deposits to many Cybertruck customers because orders far exceed what it can build, chief executive Elon Musk said on Monday, in a post on X. The Cybertruck order rate far exceeds our production rate. We will try to make as many as possible before shutting down the line in about […] This story continues at The Next Web
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