Tesla Is Killing the Cybertruck, and Many Buyers Will Not Get One Nauman Khan Mon, November 9, 2026 at 8:43 AM EST 1 min read TSLA +4.94% Trade Tesla on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Tesla (NASDAQ:TSLA) will have to return deposits to many Cybertruck buyers because orders exceed what it can build before the pickup is discontinued, according to a Monday post on X by CEO Elon Musk.
Musk said Friday that Tesla would stop making the truck. On Monday, he said the company will try to build as many as possible before shutting the line in about eight months.
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It is unclear how many orders Tesla has outstanding, and its website still appears to take new ones.
Musk also said the truck is not unprofitable. Tesla is putting priority on scaling Cybercab, its robotaxi, or self-driving taxi, which Musk said on Saturday matters more to the company's future.
The Cybertruck debuted in 2023. Musk had predicted Tesla could sell 250,000 a year, but U.S. sales were about 20,000 last year and around 16,000 so far in 2026.
The decision appears to fit a broader shift away from conventional vehicles. Earlier this year, Tesla also discontinued the Model S and X premium electric vehicles to free factory space for its Optimus humanoid robot.
