Tesla to refund Cybertruck deposits after Texas factory shutdown

Production line closes mid-2027

Elon Musk stated on X that Tesla must return money to customers because outstanding orders exceed the remaining factory capacity. The electric vehicle maker will try to build as many trucks as possible before dismantling the line next year. Resources are being redirected toward scaling output for the Cybercab robotaxi which is central to autonomous-driving ambitions. The shutdown is scheduled for mid-2027 at the Texas facility.

Sales fell short of targets

Kelley Blue Book reports that US sales dropped 48 percent to 20,237 units last year. This figure is well below Musk's earlier projection that annual Cybertruck sales could reach 250,000 vehicles. Tesla began delivering the vehicle in late 2023 but demand has fallen far short of expectations. Musk rejected claims that the program was unprofitable while framing the closure as a strategic pivot.

Extra shift planned before end

The company added an extra production shift to fulfill outstanding orders before shutting down the line. This move aims to clear some backlog before resources shift entirely to the robotaxi project. Customers waiting for delivery will receive refunds for deposits they cannot be fulfilled with current capacity.