Tesla will end Cybertruck production in mid-2027, and Elon Musk has confirmed the company will return deposits to many buyers. The pickup is being wound down so resources can move to the Cybercab.
Why Is Tesla Ending Cybertruck Production in Mid-2027?
Musk announced the Cybertruck wind-down on Friday. The resources freed up will be redirected to the Cybercab, a vehicle central to Tesla’s autonomous-driving ambitions.
Before the line closes, Tesla will add an extra production shift to fill outstanding Cybertruck orders. Musk said in a post on X on Monday: “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.”
How Far Has Cybertruck Demand Fallen Short?
Tesla began delivering the Cybertruck in late 2023. Demand has since fallen far short of Musk’s expectations.
- 20,237 units: US Cybertruck sales last year, down 48%, according to Kelley Blue Book
- 250,000 units: Musk’s earlier projection for annual Cybertruck sales
- About 8%: last year’s US sales as a share of that projection (our calculation)
What Does the Cybertruck Wind-Down Mean for TSLA Shareholders?
Tesla is not listed on Bursa Malaysia. Its shares trade on Nasdaq under the ticker TSLA, so Malaysian investors need an overseas trading account to hold them.
The report gives no figures on total deposit refunds, the cost of closing the line, or the Cybercab’s production timeline. Those numbers will show how much the wind-down weighs on Tesla’s earnings.
Three items are worth monitoring: the pace of deposit refunds, output from the extra shift before mid-2027, and how quickly Cybercab production ramps up to replace the Cybertruck line. Analysts note that Cybertruck sales have lagged Musk’s targets since deliveries began, so these milestones will test whether the replacement plan holds.
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Key Takeaways
- Tesla plans to end Cybertruck production in mid-2027.
- An extra production shift will fill outstanding orders before the line closes.
- US Cybertruck sales fell 48% to 20,237 units last year, per Kelley Blue Book.
- Resources will shift to the Cybercab robotaxi.
- TSLA trades on Nasdaq, not Bursa Malaysia.
Frequently Asked Questions
Why is Tesla stopping Cybertruck production?
Tesla will wind down Cybertruck production in mid-2027 and redirect resources to the Cybercab robotaxi. Demand has fallen far short of Musk’s expectations, with US sales down 48% to 20,237 units last year, according to Kelley Blue Book.
Will Tesla refund Cybertruck deposits?
Yes. Musk said Tesla will have to return deposits for a lot of people because it cannot build every outstanding order before the line closes. The report does not say how many buyers are affected.
Is Tesla listed on Bursa Malaysia?
No. Tesla trades on Nasdaq under the ticker TSLA, so Malaysian investors need an overseas trading account to buy its shares.
When will the Cybertruck line shut down?
Musk announced on Friday that the wind-down is slated for mid-2027. He said the line would build for about 8 months before closing, with an extra shift added to clear orders.
This article is for information only and is not financial advice. Do your own research and consider your own financial position before making any investment decision.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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