Tesla will extend Cybertruck production through the end of summer 2027, CEO Elon Musk announced on November 11, 2026, as the company works to fulfill its existing order backlog. The decision follows Musk’s prior announcement on November 6, 2026, that Tesla planned to wind down Cybertruck production by mid-2027 to prioritize assembly capacity for the Cybercab robotaxi.
Musk stated that Tesla would continue manufacturing the Cybertruck despite the shift in strategy, acknowledging that the move was not financially optimal. He wrote on X (formerly Twitter): “This is not the smartest move from a profit-maximizing standpoint btw, but there must be some room in this world for sentimentality or what's the point?”
Deposit returns and backlog challenges
Musk also confirmed that Tesla would return deposits to some customers due to the disparity between order volume and production capacity. He noted that the Cybertruck order rate “far exceeds” Tesla’s production rate, adding: “We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people.”
Tesla originally received more than 1 million reservations for the Cybertruck in 2019, each requiring a $100 deposit. At the time, Musk projected annual sales of 150,000 to 250,000 units. However, Cox Automotive data cited by Business Insider indicates Tesla sold just 76,000 Cybertrucks over the past three years, including $131 million in sales to SpaceX in 2025.
Production rationale and profitability
Musk previously attributed the decision to discontinue the Cybertruck to manufacturing complexity, despite stating that the vehicle remained profitable. The extension of production aims to address the order backlog, though it delays Tesla’s shift toward the Cybercab, a steering wheel-less autonomous vehicle intended for ride-hailing services.