OMM Newsroom
“Tesla” will refund deposits to many “Cybertruck” customers because it cannot complete all outstanding orders before ending production of the electric pickup, Chief Executive Elon Musk said Monday, according to Anadolu Agency.
In a post on his social media company “X,” Musk said the rate of orders for the “Cybertruck” exceeded the company’s current production rate. “Tesla” plans to make as many vehicles as possible before closing the production line in about eight months, but “will have to return deposits for a lot of people,” he said.
Musk did not say how many “Cybertrucks” remained on order, how many customers would receive refunds or how “Tesla” would decide which orders to fulfill.
He rejected suggestions that production was ending because the vehicle was unprofitable. Musk said the manufacturing complexity and resources required for the “Cybertruck” were outweighed by the potential value of producing more “Cybercabs.”
Production line set to wind down in 2027
Musk announced Friday that “Cybertruck” production at “Tesla”’s Gigafactory Texas would wind down around mid-2027. He later said the company would add an extra production shift to complete more orders before dismantling the line.
The factory space, workers and equipment are expected to be redirected to expand production of the “Cybercab,” a two-seat robotaxi designed to operate without a steering wheel or pedals.
“Tesla” began delivering the stainless-steel “Cybertruck” in late 2023, four years after unveiling it.
US sales fell 48% in 2025
Despite the vehicle’s high-profile launch, US sales fell 48%, from 38,965 units in 2024 to 20,237 in 2025, according to estimates by “Kelley Blue Book.” The figure was well below Musk’s earlier projection that “Tesla” could eventually sell about 250,000 “Cybertrucks” a year.
In its latest quarterly filing, “Tesla” said the next stage of its production growth would be driven by autonomous technology and newer products, including the “Cybercab” and vehicles built on its next-generation platform.
