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To clear backlog, Tesla extending Cybertruck production through summer 2027, Elon Musk says demand still outpaces output

Production timeline extended

Musk announced Wednesday that Tesla would continue Cybertruck manufacturing until the end of summer 2027. The added time is intended to help the company address its backlog of orders.

The new schedule revises Musk’s earlier statement that production would wind down around mid-2027. He had shared that plan with customers the previous week.

Orders exceed production

Musk said the pace of Cybertruck orders is higher than Tesla’s ability to produce the vehicles. He also warned that the company would need to refund deposits to some customers. In a post on X, Musk said Tesla would try to build as many trucks as it could before closing the production line in about eight months, while returning deposits to many buyers.

Customers voice frustration

The announcement drew criticism online from Tesla customers who said they were still waiting for their trucks. One Reddit user said they had a Cybertruck order priced at $59,000 and were concerned it might never be fulfilled.

Musk said keeping production going was not the best decision for Tesla’s profits. He argued that sentimentality also had a place in the decision.

Key points

  • Tesla plans to produce the Cybertruck through the end of summer 2027.
  • Musk said Cybertruck orders exceed Tesla’s production rate.
  • Tesla expects to refund deposits to some customers.
  • Some buyers took to social media to say they were still waiting.
Read the original on CBS News ↗

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