Tesla will refund deposits from customers who paid for the Cybertruck, following the announcement that production of the vehicle will be halted in 2027. The decision comes after Elon Musk confirmed the shutdown, prompting the company to address the financial commitments made to early backers. Customers who paid for the Cybertruck are expected to receive a full refund, though the exact timeline for the process has not yet been disclosed. The move underscores the challenges Tesla faces in bringing the high‑profile electric truck to market.
Tesla to refund Cybertruck deposits as Musk confirms production shutdown in 2027 Beinsure
