Elon Musk said in a post on X on Monday, November 9, 2026, that Tesla will end Cybertruck production in about eight months, will try to build as many trucks as it can before then, and will “have to return deposits for a lot of people,” according to TechCrunch. The article does not say which deposits will be refunded, how much or when.

What Musk said

  • TechCrunch reports that Musk argued the Cybertruck is not unprofitable and that Tesla is stopping because the “opportunity cost of the complexity of Cybertruck is vastly outweighed by the value of incremental Cybercab production.”
  • In other words, according to TechCrunch, Musk says the factory space is worth more for Cybercab robotaxis. TechCrunch says he had said the previous week that Tesla plans to build more two-seat Cybercabs at the Texas plant.
  • TechCrunch notes that a final sales bump is possible because of scarcity, but probably not large enough to reach earlier projections.

Numbers in the report

  • TechCrunch says Musk cited about 1 million reservations around the late-2023 launch and projected about 250,000 trucks a year.
  • Industry experts estimate about 71,000 Cybertrucks have been sold since deliveries began in November 2023, according to TechCrunch. Tesla does not report Cybertruck sales separately.
  • SpaceX bought $131 million of Cybertrucks from Tesla in 2025, according to its S-1 filing, as cited by TechCrunch.

What the report does not include

The article does not say how many deposits are outstanding, how many will be returned or what terms apply. Lens covered the production decision in its earlier post, Tesla ends Cybertruck production in 2027.

Sources and notes

This post is based on TechCrunch’s article by Kirsten Korosec, published November 9, 2026. Lens did not view Musk’s post on X, so his words are quoted as TechCrunch reported them, and Lens did not verify the sales estimates. Lens did not contact Tesla.

Image: A Tesla Cybertruck seen from the front left, parked in a car park in Hilton Head Island, South Carolina, by Cutlass via Wikimedia Commons, released under CC0 1.0; cropped. File photo; it does not show the events described.