Tesla will refund deposits for numerous Cybertruck orders after Elon Musk announced the model’s production halt

Tesla will refund deposits paid by numerous customers for the Cybertruck after Elon Musk announced that production of the model would be halted at the company’s factory in Texas. The company has approximately eight months left to deliver as many existing orders as possible, but will not be able to fulfill all requests before the assembly line closes.

Musk said Monday, November 9, on the X platform that production would continue until mid-2027. Tesla plans to introduce an additional shift to reduce the number of outstanding orders by June or July, when the line is scheduled to be dismantled. The company did not specify how many customers would receive their money back or when refunds would begin.

The decision comes amid weak sales of the model. Tesla sold 20,237 Cybertrucks in the United States in 2025, 48% fewer than the previous year and well below the initial estimate of 250,000 units annually. The model, launched in 2019 and delivered starting in 2023, has also faced quality issues, service recalls and difficulties in overseas markets.

The space freed up at the Texas factory will be used to increase production of the Cybercab, the autonomous electric robotaxi on which Tesla is basing its development strategy in artificial intelligence and autonomous transportation. Tesla has not announced whether the Cybertruck will be produced at another factory.