Tesla Will Have to Refund Cybertruck Deposits, Musk Says -- WSJ

By Patrick George

Attention, would-be Tesla Cybertruck owners: if you want one, it might already be too late.

Tesla CEO Elon Musk announced last week that the polarizing electric truck will cease production next year to make room for more Cybercab autonomous vehicles. But he added that Tesla will make the truck for another eight or nine months.

Until then, Musk said the company is seeing demand for the trucks, but some deposit-holders will get a refund instead of an EV.

"The Cybertruck order rate far exceeds our production rate," Musk said on X Monday. "We will try to make as many as possible before shutting down the line in about eight months, but will have to return deposits for a lot of people."

The Cybertruck's actual sales numbers revealed a limited appeal. Tesla has sold about 73,000 Cybertrucks since the EV went on sale three years ago, or roughly as many F-Series trucks Ford sold in October.

Musk denied that the Cybertruck isn't profitable. Instead, "the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production," he said.

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(END) Dow Jones Newswires

November 09, 2026 11:30 ET (16:30 GMT)