Tesla Chief Executive Elon Musk said Nov. 9 that Cybertruck orders were arriving faster than Tesla was producing the pickups and that the company would return deposits to many order holders. He gave no refund timetable.
Musk’s post on X described order demand as higher than Tesla’s production pace. He said the company would keep building pickups while the line remained active and would have to return deposits to “a lot of people.” He gave no order count, refund total or criteria for deciding which orders Tesla could fill.
In a separate post on Nov. 6, Musk said Tesla would reduce Cybertruck production at Gigafactory Texas around mid-2027, linking the change to plans for more Cybercab output. He did not set an exact final production date. Musk had said Nov. 7 that Tesla planned to add a production shift to work through pending orders, but gave no figure for how many additional pickups it could produce.
Tesla’s Cybertruck FAQ says customers who cancel before delivery may receive a refund of their pre-order payment. The company’s general ordering guidance describes a new vehicle’s order fee as nonrefundable. Musk did not specify which type of payment he meant.
Tesla’s third-quarter 2026 update lists installed annual capacity above 125,000 vehicles each for Cybertruck and Cybercab at the Texas factory. The company cautions that installed capacity is different from the current production rate.
In its filing for the quarter ended Sept. 30, 2026, Tesla pointed to autonomy and new products as drivers of its next production-growth phase. It cited the Cybercab and Tesla Semi launches as progress on those priorities.
EconoTimes previously covered Musk’s Cybertruck deposit refund announcement. Musk has described the Texas production wind-down as planned for around mid-2027, without naming a final date.
