Tesla to Refund Many Cybertruck Deposits Before Production Ends

Tesla will try to build as many Cybertrucks as possible before closing the production line in about eight months, Musk said on November 9. He said the number of orders exceeds the company’s production capacity and that many customers would have their deposits returned. Tesla still appeared to be taking orders online, and the company has not disclosed how many are outstanding.

Musk defended the decision to end production, saying the truck was not unprofitable. He argued that its complex production line, supply chain and engineering demands would be better used to increase production of the two-seat Cybercab robotaxi. Tesla plans to use factory space for more Cybercabs, he said.

The Cybertruck began reaching customers in late 2023. Musk had predicted annual sales of 250,000, but reservations did not translate into sales at that scale. Tesla does not report Cybertruck sales separately; one estimate put total sales at about 71,000 through the start of production’s planned wind-down. Tesla sold about 20,000 in the United States last year and roughly 16,000 so far in 2026, the other report said. Some Tesla supporters urged Musk to reconsider, but he maintained that Cybercab production was more important to the company’s future.