Tesla to halt Cybertruck production, return customer deposits

Musk stated that Tesla will attempt to fulfill as many orders as possible before ceasing production in approximately eight months, but a substantial number of customers will have their deposits refunded. He clarified that the Cybertruck is not unprofitable, but the strategic importance of scaling the Cybercab outweighs the complexities associated with the Cybertruck’s production.

The Cybertruck, initially launched in 2023, has faced challenges, including lower-than-anticipated sales. Tesla sold 20,000 Cybertrucks in the US last year and approximately 16,000 so far in 2026. The vehicle has also been subject to vandalism and protests.

Despite a dedicated fanbase who recently petitioned Musk to reconsider, the billionaire emphasized that Tesla’s engineering capacity is limited and the Cybercab represents a more transformative opportunity for the company’s future. The decision to end Cybertruck production aligns with Tesla’s broader shift away from traditional vehicle models, following the earlier discontinuation of the Model S and X to accommodate the Optimus robot.

Tesla continues to accept orders on its website, although fulfilling them is now uncertain.