Musk: Tesla has to refund deposits for Cybertruck
The manufacturer is stopping production of the pickup truck. Many customers who have already placed orders are likely to be left empty-handed now. They are promised to get their money back, Elon Musk says.
Tesla will refund deposits to many customers who did not receive a Cybertruck. The company's CEO, Elon Musk, announced this on platform X. Tesla had previously stated that it would stop producing the Cybertruck at its Texas factory in about eight months to make way for the self-driving Robotaxi Cybercab, which is central to Tesla's autonomous driving plans. The Cybertruck has been delivered since late 2023, but demand has been lower than expected, with US sales dropping 48 percent to 20,237 units last year.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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