Tesla CEO Elon Musk has said that the company will have to return deposits to many Cybertruck buyers. The reason he stated is simple: Tesla has more pending orders than its production capacity. Therefore, the company won’t be able to deliver all the orders before production closes in 2027.
Musk shared this update on X on November 9 and mentioned, “We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people.” The company is also planning to add another work shift to clear some of the pending orders.
Tesla expects to end Cybertruck production at its Texas factory around mid-2027. The plan is to use that space to build more Cybrcabs instead. However, Musk has completely denied the claim that Cybertruck production has been closed because of losing money. Still, the stats show that sales have fallen sharply. The company sold 20,237 Cybertrucks last year, down 48% from the previous year. This was also far below Musk's earlier goal of selling 250,000 trucks each year.
Tesla's decision is linked to its plans for the future. The Cybertruck takes time, money, and effort to build. Instead of using more factory space for the pickup, the company wants to focus on the Cybercab. This is a two-seat electric vehicle made for self-driving taxi services. Musk sees it as an important part of Tesla's next big move.
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More orders don’t always mean the company has to deliver them all. To increase production, companies need more workers, machines, money, and factory space. Tesla has to decide where these resources will bring better returns. By focusing on the Cybercab, the company believes it can make better use of its factory and staff.
Tesla’s decision shows that even a popular product can lose its place when a company changes its plans. For Cybertruck buyers still waiting for delivery, the next step may be a refund rather than a new vehicle.