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Business🇺🇸3 sources· 59 mins ago

Tesla to refund many Cybertruck deposits before line shuts down

What's new: Elon Musk said Tesla will try to fill remaining orders over about eight months, then return deposits it cannot fulfill.

Tesla plans to refund deposits for many Cybertruck buyers as it winds down the pickup’s production in Texas and shifts capacity to its Cybercab robotaxi program. Elon Musk wrote on X that the company will try to build as many trucks as possible before shutting the line in about eight months, but many orders will go unfilled. The move follows Tesla’s earlier decision to phase out Cybertruck production to make room for more Cybercab output. Tesla started deliveries in late 2023, but sales weakened well below Musk’s earlier target of 250,000 a year. Kelley Blue Book said US Cybertruck sales fell 48% to 20,237 in 2025 from 38,965 a year earlier.

Sources

  • BBC News (World)Tier 185% reliableRead →Nov 6
  • The Straits TimesTier 180% reliableRead →3 hours ago
  • The Business Times (Singapore)Tier 180% reliableRead →59 mins ago

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