Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxi
After sidelining the Cybertruck as he bets Tesla’s future on the autonomous Cybercab, Elon Musk now says customers still waiting for their electric truck may not get one after all.
TL;DR
- Tesla is ending Cybertruck production around mid-next year.
- Many customers with Cybertruck orders will likely have their deposits returned due to production limitations.
- Elon Musk cited the high complexity and "opportunity cost" of the Cybertruck as reasons for discontinuation.
- Tesla's focus is shifting to the autonomous Cybercab and other ventures like humanoid robots.
- The Cybertruck has struggled with sales compared to other Tesla models like the Model Y and Model 3.
- Some Tesla fans have criticized the decision, expressing concern over neglected customers and a changing product lineup.