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Tesla to end Cybertruck production in mid-2027 and refund deposits to many buyers

TechnologyInternationalThe IndependentAI summary
Image: The Independent

Elon Musk confirmed that Tesla will halt Cybertruck production in mid-2027 at its plant near Austin, Texas, to make room for increased manufacturing of the Cybercab robotaxi. The CEO said he will add an extra shift to fulfill pending orders but will have to refund deposits to many customers because demand exceeds production capacity. U.S. sales of the vehicle fell 48% to 20,237 units last year and another 28% through September of this year, according to Kelley Blue Book.

In 35 seconds

  • Tesla will stop Cybertruck production in mid-2027 at its Texas plant.
  • Musk said ending the pickup aims to expand production of the Cybercab robotaxi.
  • Tesla will add an extra shift but will refund deposits to many buyers due to limited capacity.
Read the full story at The Independent

IASummary generated by artificial intelligence from a story by The Independent. It may contain errors: the original source prevails.

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