Elon Musk axes the Cybertruck and says buyers will get refunds
Tesla is winding down production of the stainless-steel vehicle, and Elon Musk states that the company will return deposits to a lot of people. Outlets report the sudden demise of the heavily criticized vehicle, which has faced a cultural backlash and the cancellation of orders. Musk states that production will run through late summer 2027 to clear a backlog, while factories shift space toward Optimus robots and the Cybercab. This move follows the end of the Model S and the Model X within the same year.
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- ✓ Elon Musk stated that Tesla will return deposits to a lot of people as Cybertruck production winds down.
- ✓ Tesla extended Cybertruck production through late summer 2027 to clear a backlog.
- ✓ Tesla has ended production of the Model S, the Model X, and the Cybertruck within one year.
What changed
Tesla announced the end of the Cybertruck and confirmed that customer deposits will be refunded as production winds down.
Live updates
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Tesla Axes Cybertruck and Prepares Refunds for Buyers
Tesla is winding down production of the stainless-steel vehicle, and Elon Musk states that the company will return deposits to a lot of people. Outlets report the sudden demise of the heavily criticized vehicle, which has faced a cultural backlash and the cancellation of orders. Musk states that production will run through late summer 2027 to clear a backlog, while factories shift space toward Optimus robots and the Cybercab. This move follows the end of the Model S and the Model X within the same year.
Why it matters
The cancellation marks a major shift for Tesla as the company refocuses its factory capacity on autonomous vehicles and robotics. The vehicle faced intense criticism and debate throughout its commercial lifespan. Tesla has also ended production of the Model S and the Model X over the past year.
What is confirmed
- Elon Musk stated that Tesla will return deposits to a lot of people as Cybertruck production winds down.
- Tesla extended Cybertruck production through late summer 2027 to clear a backlog.
- Tesla has ended production of the Model S, the Model X, and the Cybertruck within one year.
Still unconfirmed
- Observers question whether the Model 3 will be canceled next to free up additional manufacturing space.
What to watch next
- Final timelines and exact delivery dates for the remaining Cybertruck production run through late summer 2027
- Further official details from Tesla regarding the scale and processing timeline for buyer refunds
- Announcements on whether other vehicle models like the Model 3 face production cuts
confidence 90%Sources used for this update (11)
- www.elon.edu — Elon University - America’s Top-Ranked Teaching University
- en.wikipedia.org — Elon Musk - Wikipedia
- en.wikipedia.org — Elon University - Wikipedia
- WIRED — The Cybertruck’s Death Is Actually Great News for EVs
- The New York Times — The Sudden Demise of the Cybertruck, a Culture War on Wheels
- The Independent — Elon Musk axes the Cybertruck and says buyers will get refunds
- CBS News — Tesla to return Cybertruck deposits to "a lot of people" as production winds down, Musk says
- Yahoo Finance — Elon Musk Says Tesla Will Refund Deposits To A ‘Lot Of People’ As Cybertruck Production Winds Down – Robotaxi Makes San Antonio Debut
- www.mercurynews.com — Bhasin: Good riddance to the Cybertruck
- electrek.co — Tesla extends Cybertruck production to late summer 2027 amid fan backlash
- 247wallst.com — Elon Musk Just Ended the Cybertruck. Will He Kill the Model 3 Next?
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