
CEO Elon Musk announces the end of the controversial pickup to make room for the robotaxi.
AI-generated summary
The Cybertruck has been delivered since the end of 2023, but sales figures fell far short of Elon Musk's forecasts.
San Francisco. Tesla will refund deposits for the Cybertruck to many customers who lost out. CEO Elon Musk announced this on Monday on Platform X. The US electric car maker announced on Friday that it would stop producing the pickup truck at its factory in the US state of Texas in around eight months. The billionaire explained that Tesla wanted to build as many vehicles as possible before the production line was closed. However, the company will refund the deposits to many customers.
In order to process outstanding orders, an additional shift will be temporarily introduced in the factory before the Cybertruck has to make way for the construction of the Cybercab robotaxis from mid-2027. This self-driving vehicle is central to Tesla's future plans for autonomous driving.
The Cybertruck has been shipping since the end of 2023, but demand has fallen far short of expectations. Last year, US sales fell 48 percent to 20,237 units, according to data from market researcher Kelley Blue Book. Musk had originally forecast annual sales of 250,000 vehicles.
AI outlook — possibilities, not facts
Cybertruck production will end in mid-2027
Very likely · Within months

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