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Tesla to end Cybertruck production for Cybercab expansion, refunding excess deposits

Tesla plans to shut down its Cybertruck assembly line in roughly eight months to expand production for the autonomous Cybercab, adding a work shift while refunding deposits for orders it cannot fulfill in time.

A Tesla Cybertruck parked outside a Tesla showroom.
Image: @qz

Tesla CEO Elon Musk announced that the company is preparing to dismantle its Cybertruck production line around June or July 2027 to repurpose the space for its Cybercab autonomous vehicle. Musk stated that the line will shut down in about eight months, freeing up manufacturing capacity at Tesla's Texas factory.[3][9][10][13][14]

Because current order backlogs outpace the volume of trucks Tesla can assemble before the shutdown, Musk said the automaker will add an extra production shift to deliver as many vehicles as possible. Even with the increased output, Tesla will refund reservation deposits to a large number of customers whose orders cannot be built before the line conversion.[1][2][5][9][11][12][14]

Musk defended the shutdown against reports, including coverage by Reuters attributing the phaseout to years of dismal sales. Musk argued the vehicle is not unprofitable, claiming instead that the manufacturing complexity of the Cybertruck is outweighed by the opportunity cost and incremental production value of the Cybercab.[4][9][15]

Key facts

  • Tesla plans to shut down and dismantle its Cybertruck production line in approximately eight months, around June or July 2027.
  • The Cybertruck line at Tesla's Texas factory will be repurposed to expand production of the Cybercab autonomous vehicle.
  • Tesla is adding an extra production shift to fulfill as many outstanding Cybertruck orders as possible prior to the line closure.
  • Tesla will refund deposits to many customers because existing orders exceed remaining production capacity.
  • Elon Musk denied that the Cybertruck is unprofitable, stating the decision is driven by the opportunity cost compared to Cybercab manufacturing.
  • Reuters reported that Tesla is winding down the Cybertruck following years of dismal sales.

Sources · 15 sources

  1. WS

    Wall St Engine@wallstenginePost on X ·

    ELON MUSK SAYS TESLA WILL HAVE TO REFUND MANY CYBERTRUCK DEPOSITS BECAUSE ORDERS FAR EXCEED WHAT IT CAN BUILD BEFORE THE LINE SHUTS DOWN IN ABOUT 8 MONTHS

    Open source
  2. NA

    Nairametrics@NairametricsPost on X ·

    Tesla will refund deposits to many customers who ordered its Cybertruck electric pickup because outstanding orders exceed the number of vehicles the company can produce before shutting down the truck’s production line next year. https://t.co/cyXjrsDvwm

    Open source
  3. *B

    *Walter Bloomberg@DeItaonePost on X ·

    $TSLA - TESLA TO REFUND CYBERTRUCK DEPOSITS Tesla CEO Elon Musk says the company will refund deposits to many Cybertruck customers, claiming orders exceed remaining production capacity. Tesla plans to end Cybertruck production in approximately eight months, freeing up its Texas factory for the Cybercab autonomous vehicle.

    Open source
  4. RE

    Reuters@ReutersPost on X ·

    🔊 Tesla is winding down the Cybertruck after years of dismal sales. Why the problem may have started with the truck itself — listen now on the Reuters World News podcast https://t.co/FdFiscPAaO https://t.co/qUyWRrNPog

    Open source
  5. CN

    CBS News@CBSNewsPost on X ·

    Tesla to return Cybertruck deposits to "a lot of people" as production winds down, Musk says. https://t.co/I1qtKejDWO

    Open source
  6. BL

    Bloomberg@businessPost on X ·

    Tesla will refund Cybertruck deposits for a considerable number of customers, Elon Musk says https://t.co/uvNB2ps0ue

    Open source
  7. PO

    Polymarket@PolymarketPost on X ·

    JUST IN: Tesla to add an extra Cybertruck production shift to clear outstanding orders before dismantling the assembly line in mid-2027.

    Open source
  8. TS

    The Straits Times@straits_timesPost on X ·

    Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says https://t.co/Kw8i3Naryr

    Open source
  9. EV

    Evan@StockMKTNewzPost on X ·

    Elon Musk recently posted this: “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 8 months, but will have to return deposits for a lot of people.” https://t.co/62XcoKC0bH

    Open source
  10. QU

    Quartz@qzPost on X ·

    Tesla will refund Cybertruck deposits to some customers as production winds down: CEO Elon Musk said Cybertruck orders exceed production, and the Texas line is set to shut down in about 8 months dlvr.​it/TWFxZs https://t.co/rkWMl4A3i9

    Open source
  11. ET

    Economic Times@EconomicTimesPost on X ·

    Tesla to add Cybertruck shift to clear orders before dismantling line next year https://t.co/h2nX5WVMHg

    Open source
  12. TH

    The Hindu@the_hinduPost on X ·

    Tesla will add an ​extra production shift to try to complete outstanding ‌Cybertruck orders before dismantling the line ​next year for a planned expansion ⁠of Cybercab production, said CEO Elon Musk. https://t.co/qJyabolhQ3

    Open source
  13. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ LATEST: Elon Musk says Tesla’s Cybertruck order backlog exceeds production capacity ahead of plans to repurpose the line for Cybercab expansion around June or July 2027, prompting the company to add an extra shift. https://t.co/WszgquhAtA

    Open source
  14. EM

    Elon Musk@elonmuskPost on X ·

    The Tesla Cybertruck order backlog is currently far more than we can make before dismantling the line for Cybercab expansion around June/July next year. We will add an extra shift to try to get all orders done in time.

    Open source
  15. TE

    TechCrunch@TechCrunchPost on X ·

    Elon Musk defended the company's decision to stop making the Cybertruck, which will go out of production in around 8 months. https://t.co/sq0Q2afx58

    Open source