Musk says Tesla will return Cybertruck deposits for a lot of people

Elon Musk said Tesla will have to return Cybertruck deposits for a lot of people. He said the company will try to build as many as possible before shutting the line in about eight months.

The post set the timing. Musk wrote: "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." He said the Cybertruck order rate far exceeds Tesla's production rate.

He rejected an unprofitability claim. Musk said the opportunity cost of the Cybertruck's complexity is vastly outweighed by the value of incremental Cybercab production. A report of the same post said he is arguing that factory space used for the truck is worth more if it builds Cybercab robotaxis.

He had already set a window. In a Saturday post, Musk said Tesla would continue Cybertruck production for another eight to nine months before shifting focus to scaling the Cybercab. He wrote, "There will never be another vehicle like it." A report said he announced last week that production at the Texas factory would stop by mid-2027 to make room for Cybercab output.

The deposit line is his. The Monday post does not say how many deposits will be returned, or what share of orders will not be built. It does not give a production count for the remaining months.

The truck launched in 2019. A report of the post said Tesla launched the Cybertruck in 2019 at a starting price of $69,000. The Monday post does not revisit that price. It also does not say whether returned deposits will be paid in cash or applied to another vehicle.