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Tesla adjusts Cybertruck production timeline due to high demand

Tesla will continue Cybertruck production through the end of summer 2027, according to a recent announcement by CEO Elon Musk. The extension is attributed to a substantial backlog of orders for the electric truck.

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Musk initially projected that Cybertruck production would conclude around mid-2027, but the company now intends to maintain output for several more months to fulfill existing orders.

The decision comes after Musk previously indicated that the Cybertruck might be discontinued around the middle of 2027 to prioritize manufacturing capacity for Cybercab, Tesla’s autonomous robotaxi.

While the Cybertruck remains profitable, Musk cited manufacturing complexities as a reason for the earlier consideration of ending production. Tesla anticipates needing to return deposits to a significant number of customers.

Following the Cybertruck’s unveiling in 2019, Tesla reported receiving over 1 million reservations, each accompanied by a $100 deposit. Musk initially projected annual sales of 150,000 to 250,000 units.

Sales figures from Cox Automotive reveal that Tesla has sold approximately 76,000 Cybertrucks over the past three years. This total includes $131 million worth of Cybertruck sales to SpaceX in 2025.

Source

Business InsiderOriginal report ·

“Elon Musk says Tesla will extend Cybertruck production through end of summer”

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