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importantSYS.SOURCE: TechCrunch• 2026-11-09T13:43:28Z

Elon Musk Announces Tesla Cybertruck Production Halt and Deposit Refunds

Tesla CEO Elon Musk announced the decision to halt Cybertruck production in 2027, citing resource reallocation toward Cybercab robotaxis, while confirming partial deposit refunds for customers. The move follows underwhelming sales performance, with only 71,000 units sold since 2023 despite initial projections of 250,000 annual sales.

Elon Musk defended the company's decision to stop making the Cybertruck, which will go out of production in around 8 months.

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