Tesla plans Cybertruck production wind-down and deposit refunds
Technology · First reported 9 Nov, 08:04 · Updated 08:37
Elon Musk said Tesla expects to refund deposits to many Cybertruck customers because orders exceed production capacity. Tesla plans to wind down production at its Texas factory in mid-2027 and redirect resources to its Cybercab; reported US Cybertruck sales fell 48% to 20,237 units last year.
- Musk said Tesla would try to build as many Cybertrucks as possible before shutting down the production line, but would return deposits to many customers.
- Tesla plans to wind down Cybertruck production at its Texas factory in mid-2027 and redirect resources to the Cybercab.
- US Cybertruck sales fell 48% to 20,237 units last year, according to Kelley Blue Book, the article reports.
Summary written by Sumzly from 2 articles
Key facts
- Expected production wind-down
- Mid-2027 at Tesla’s Texas factory.
- US Cybertruck sales
- 20,237 units last year, down 48%, according to Kelley Blue Book.
- Earlier sales projection
- Musk had projected annual Cybertruck sales could reach 250,000 vehicles.
Source spectrum
Left 3 · Centre 8 · Right 0 of 11 rated sources · +2 unrated
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Tesla to wind down Cybertruck production by mid-20279 Nov, 09:39
Coverage over time
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Articles per hour since first reported, by side.
Ownership
- Corporation 46% (6)
- Unknown 38% (5)
- Non-profit 8% (1)
- Government 8% (1)
Share of the 13 sources by owner type.