Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxi

Elon Musk announced on Monday that Tesla would "wind down" production of the electric Cybertruck by the middle of next year, stating that many buyers will likely receive a refund of their deposits. The decision comes as the production rate for the truck far exceeds the number of orders, Musk said in a post on X. Although Tesla's website still allows new orders to be placed, Musk argued that the opportunity cost of manufacturing the complex Cybertruck is "vastly outweighed by the value of incremental Cybercab production."

The Cybertruck, which Musk once touted as Tesla's best product, has struggled to maintain high sales since its release in 2023, with sales plummeting 48% between 2024 and 2025. Musk's focus on autonomous vehicles and humanoid robots has led to the discontinuation of other Tesla models, such as the Model S and Model X. Despite its unique design, the Cybertruck has garnered a cult following, but recent decisions by the company have raised questions among fans and critics about the future of personal vehicle ownership and the company's direction.