Musk says Tesla will refund some Cybertruck deposits, end production within 8 months

Elon Musk said Tesla will refund some Cybertruck deposits and will wind down the stainless-steel pickup’s production over the next eight months, according to TechCrunch. The announcement puts customers with deposits on notice and signals a swift sunset for Tesla’s stainless-steel pickup. It also narrows the company’s near-term product roadmap as buyers and investors weigh what the shift means for Tesla’s lineup.

TechCrunch reports Musk defended ending production and said the company would return some reservation money, though details on eligibility and timing were not immediately disclosed. Tesla has not published a formal timetable beyond the roughly eight-month horizon or clarified how many customers will be refunded, according to TechCrunch. Watch for Tesla to outline refund mechanics, firm production-end dates, and any implications for deliveries and guidance at its next update. [Developing. This article will be updated.]