Tesla to Refund Many Cybertruck Deposits as Line Closes in 8 Months

Tesla will refund deposits for many Cybertruck buyers. CEO Elon Musk says the production line will close in about 8 months.

Musk posted the news on X on Monday. He wrote, “The Cybertruck order rate far exceeds our production rate.”

He added, “We will try to make as many as possible before shutting down the line in about 8 months.” Musk said Tesla “will have to return deposits for a lot of people.”

Musk said Tesla would add a production shift. The goal is to fill as many open orders as possible before the line closes.Tesla announced the wind-down last Friday. The Texas factory line is set to close around mid-2027. Tesla plans to dismantle the line next year.