Seven years after it was unveiled with a sledgehammer and a shattered “armor glass” window, the Tesla Cybertruck is heading for the exit. Elon Musk has confirmed that Tesla will stop building the stainless-steel pickup at Gigafactory Texas around mid-2027, and on Monday he added a twist few saw coming: Tesla says it now has more orders than it can build before the line shuts, so “a lot of people” will get their deposits back.
Quick answer: Tesla is ending Cybertruck production at Gigafactory Texas around mid-2027, roughly eight months from now, to free up space for its Cybercab robotaxi. Musk says orders now exceed what Tesla can build before the line closes, so many reservation holders will be refunded. Existing owners keep parts and service support, and the cheapest Cybertruck currently starts at $74,990.
What happened: the Cybertruck is being discontinued
The news came in two steps, both on X. On November 6, 2026, Musk said Tesla would be “winding down production of the Cybertruck at Gigafactory Texas” around mid-2027. The stated reason is to make room for more production of the Cybercab, Tesla’s two-seat robotaxi with no steering wheel or pedals.
Then on Monday, November 9, Musk followed up. He said the Cybertruck order rate “far exceeds our production rate” and that Tesla will “try to make as many as possible before shutting down the line in about 8 months.” Because the backlog is bigger than what the factory can build in that window, Tesla will return deposits to a considerable number of customers.
Musk also pushed back on the idea that the truck is being killed because it loses money. “This is not a case of Cybertruck being unprofitable,” he wrote, adding that “the opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.” In a weekend post he said simply: “There will never be another vehicle like it.”
Why the Cybertruck news is trending
The Cybertruck was never just another pickup. It was the most-hyped vehicle Tesla ever announced, a symbol of Musk’s style, and a rolling lightning rod for both fans and critics. Ending it after only about three and a half years of deliveries is a big statement about where Tesla is heading.
The refund angle has added fuel. A carmaker announcing a model’s end usually triggers a last-chance rush, not refunds. The fact that Tesla is telling some buyers it cannot fill their orders has many reservation holders searching for what happens to their money and whether they will still get a truck.
Key facts at a glance
| Item | Detail |
|---|---|
| Unveiled | November 2019 |
| First deliveries | November 2023 |
| End of production | Around mid-2027 (about 8 months from November 2026) |
| Factory | Gigafactory Texas, Austin |
| What replaces it on the line | Additional Cybercab robotaxi production |
| Current starting price | $74,990 (dual-motor AWD, after an August 2026 increase) |
| Original annual target | 250,000 trucks a year |
| Installed capacity (per Tesla) | More than 125,000 a year |
| Estimated total deliveries | Roughly 70,000 to 71,000 since late 2023 (industry estimates) |
| US sales 2024 vs 2025 | 38,965 vs 20,237 (Kelley Blue Book data cited by Reuters) |
| Deposits | Many reservation holders will be refunded; details not yet announced |
The numbers behind the decision
Tesla does not report Cybertruck sales separately. It groups the truck with the Model S, Model X and Semi under “Other Models.” Even so, the trend is clear from industry data.
According to Kelley Blue Book figures cited by Reuters, US Cybertruck sales fell from 38,965 in 2024 to 20,237 in 2025, a drop of about 48%. Cox Automotive estimates show the slide continuing into 2026, with about 3,519 trucks sold in the first quarter and 3,744 in the second. In the third quarter of 2026, Tesla delivered 8,295 “Other Models” in total, also down 48% from a year earlier.
Electrek estimates the current pace at roughly 30,000 trucks a year. That is about 12% of the 250,000-a-year plan the line was originally designed for, and around a quarter of the more than 125,000 units of installed capacity Tesla lists in its shareholder letter.
Musk once said Cybertruck reservations had reached 1 million. Reality turned out very different, and some of the buyers were Musk’s own companies: SpaceX bought about $131 million worth of Cybertrucks in 2025, according to its IPO filing.
Price changes did not help
Tesla tried several pricing moves. It launched a cheaper rear-wheel-drive version in 2025 and pulled it months later. A dual-motor trim arrived in February 2026 at $59,990, rose to $69,990 about ten days later, and went up another $5,000 in August. The cheapest Cybertruck now starts at $74,990, well above most full-size electric and gas pickups.
What it means for buyers and owners
If you have a reservation
Tesla says it will build as many trucks as it can before the line closes, and will even add an extra production shift. But it has also said a “considerable number” of deposits will be refunded because the backlog is bigger than what it can produce. Tesla has not yet said how many people will be refunded, how it will decide which orders get filled, or when the money will go back. Check your Tesla account and official Tesla emails, and be wary of anyone contacting you about “priority slots” for a fee.
If you already own a Cybertruck
Cybertruck lead engineer Wes Morrill has said that “Tesla will maintain spare parts and service will continue support.” That is reassuring, though Tesla has not given details on how long dedicated parts will be stocked. Warranty coverage is part of each owner’s purchase contract and should not change because production ends, but owners with questions should confirm with Tesla directly.
Resale values
Discontinued vehicles can go either way. Low-volume, iconic models sometimes become collectible, while others lose value as buyers worry about parts. It is too early to know which path the Cybertruck takes.
Background: from viral unveil to slow seller
When Tesla revealed the Cybertruck in November 2019, it promised a radical design: a flat-panelled exoskeleton of stainless steel and a price that seemed to undercut traditional trucks. The unveiling became famous when a demo of the “armor glass” windows went wrong and the glass cracked on stage.
Production was delayed for years. Deliveries finally began in November 2023, and the truck arrived much more expensive than first promised. Early demand was strong, with US sales near 39,000 in 2024, but buyers cooled quickly as prices stayed high and competition from cheaper pickups grew.
Not all of the Cybertruck’s engineering is going away. Technologies such as its 48-volt electrical architecture, steer-by-wire and “Etherloop” wiring carried over into the Cybercab, the vehicle that will now take its place on the factory floor.
What’s next: Tesla’s bet on robotaxis
The Cybertruck decision fits a wider pattern. Tesla has been trimming slower-selling, pricier models to focus on artificial intelligence, robotics and autonomous driving. Analyst Dan Ives of Yorkville Ives & Co. said the “writing was on the wall” given the truck’s high price and weak demand, and that ending it lets Musk focus on robotaxis and robots.
The Cybercab is still commercially unproven. Tesla says it plans to build one every 10 seconds using a new “unboxed” manufacturing process, and as of late October 2026 there were 463 Cybercabs registered in Texas. Critics, including Electrek, note that Giga Texas has more than 10 million square feet of floor space and question whether the truck line really had to go to make room.
For investors, the move removes a low-volume, complex product but puts even more weight on a robotaxi business that has yet to show it can make money at scale. If you are following Tesla stock, our look at why AI stocks lost $5 trillion in October explains the wider market mood around AI-driven companies. And with gas prices still above $4 in many places, the EV pickup market is far from dead, even if Tesla is stepping out of it for now.
This article is for information only and is not financial advice.
Frequently asked questions
Is Tesla discontinuing the Cybertruck?
Yes. Elon Musk said Tesla will wind down Cybertruck production at Gigafactory Texas around mid-2027, about eight months from November 2026, to make room for more Cybercab production.
Can I still order a Cybertruck?
Tesla says it will build as many as possible before the line closes, so orders are still being taken for now. But Musk says demand already exceeds what can be built in time, so there is no guarantee a new order will be filled.
Will I get my Cybertruck deposit back?
Musk says Tesla will refund deposits to “a lot of people” whose orders cannot be built before production ends. Tesla has not yet announced how many, how it will choose, or the refund timeline.
Will Tesla still service Cybertrucks after production ends?
Yes. Cybertruck lead engineer Wes Morrill said Tesla will maintain spare parts and continue service support for existing owners.
How much does a Cybertruck cost now?
The cheapest model, the dual-motor all-wheel-drive version, starts at $74,990 in the US after a $5,000 price rise in August 2026.
Sources: CBS News, Bloomberg via Transport Topics, Reuters via Yahoo Finance and Gadget Review, Electrek, Not a Tesla App, Cox Automotive and Kelley Blue Book data, and Elon Musk’s posts on X.
