Tesla extends Cybertruck production to clear backlog, Musk says
Summary
Tesla CEO Elon Musk said the company will keep making Cybertrucks through the end of summer 2027, extending a previous plan to stop production by mid-2027. He said the company is trying to fill its order backlog, though Tesla may still return some customers’ deposits because orders exceed production.Key Facts
- Musk announced the production extension in a post on X on Wednesday.
- Tesla had previously said it would wind down Cybertruck production by mid-2027.
- Musk said Tesla would continue production through the end of summer 2027.
- Musk said Cybertruck orders exceed Tesla’s production rate.
- Musk said Tesla would have to return deposits to some customers.
- Some customers have complained on social media that they are still waiting for their Cybertrucks.
- Musk said continuing production was not the best choice from a profit-maximizing standpoint.
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