{
  "id": 19217240,
  "title": "Musk says many Cybertruck buyers will get deposits back as production ends, arguing ‘opportunity cost’ is vastly outweighed by new robotaxi",
  "url": "https://urgent.news/2026/11/09/musk-says-many-cybertruck-buyers-will-get-deposits-back-as-production",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T20:30:36.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/11/09/musk-cybertruck-opportunity-cost-cybercab-electric-vehicles-ceo-billionaire-tesla-robotaxi-optimus-business/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Fans of Tesla and the Cybertruck criticized Musk’s vision for a future with fewer private vehicles.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says",
        "url": "https://urgent.news/2026/11/09/tesla-to-refund-many-cybertruck-deposits-as-demand-exceeds-production",
        "published": "2026-11-09T08:04:17.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says",
        "url": "https://urgent.news/2026/11/09/tesla-to-refund-many-cybertruck-deposits-as-demand-exceeds-production-19124105",
        "published": "2026-11-09T08:36:20.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says",
        "url": "https://urgent.news/2026/11/09/tesla-to-refund-many-cybertruck-deposits-as-demand-exceeds-production-19127306",
        "published": "2026-11-09T09:01:25.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Tesla to refund Cybertruck deposits as demand exceeds production",
        "url": "https://urgent.news/2026/11/09/tesla-to-refund-cybertruck-deposits-as-demand-exceeds-production",
        "published": "2026-11-09T09:36:42.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Tesla to refund many Cybertruck deposits as demand exceeds production, Musk says",
        "url": "https://urgent.news/2026/11/09/tesla-to-refund-many-cybertruck-deposits-as-demand-exceeds-production-19137483",
        "published": "2026-11-09T10:50:50.000Z"
      },
      {
        "outlet": "This Is Money",
        "title": "'There will never be another vehicle like it': Musk denies Cybertruck losses as he switches focus to driverless robotaxis",
        "url": "https://urgent.news/2026/11/09/there-will-never-be-another-vehicle-like-it-musk-denies-cybertruck",
        "published": "2026-11-09T11:40:47.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Elon Musk confirms thousands of Cybertruck buyers won't receive their vehicles, Tesla to refund unfulfilled orders",
        "url": "https://urgent.news/2026/11/09/elon-musk-confirms-thousands-of-cybertruck-buyers-wont-receive-their",
        "published": "2026-11-09T14:59:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}