He has said the firm will add an extra production shift to fulfill outstanding orders before manufacturing winds down
Summarise
Published Mon, Nov 9, 2026 · 06:50 PM
- This follows a Nov 6 announcement that Tesla is winding down the Cybertruck’s production at its Texas factory. PHOTO: NYTIMES
[BENGALURU] Tesla will have to refund Cybertruck deposits for many customers as orders far exceed production capacity, chief executive officer Elon Musk said.
This follows last week’s announcement that the electric vehicle maker is winding down the pickup truck’s production at its Texas factory.
“We will try to make as many as possible before shutting down the line in about eight months, but will have to return deposits for a lot of people,” the billionaire said in a post on X on Monday (Nov 9).
The comments come after Musk said Tesla would add an extra production shift to fulfill outstanding Cybertruck orders before dismantling the production line in 2027 to expand output of its Cybercab robotaxi.
The production wind down is slated for mid-2027, Musk announced on Friday, with the re automaker’s autonomous driving ambitions
Tesla began delivering the Cybertruck in late 2023, but demand has fallen far short of Musk’s expectations.
Tesla to wind down Cybertruck production at Texas factory as vehicle struggles to win appeal
Tesla’s monthly registrations surge in Northern Europe even as Chinese competition rises
Musk’s public endorsement of SpaceX-Tesla deal may throw a wrench in talks
Tesla’s flying Roadster with cold rockets is mostly hot air
Musk is a trillionaire again as SpaceX claws back post-IPO slump
Find out how enterprises are navigating power constraints and sustainability targets
US sales fell 48 per cent to 20,237 units in 2025 well below Musk’s earlier projection that annual Cybertruck sales could reach 250,000 vehicles. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT’s products and services
