US News
Musk says Tesla will keep building Cybertruck through summer 2027
CBS News reports Tesla is extending Cybertruck production to clear orders, after Musk had said it would end by mid-2027.
The short version
- Tesla CEO Elon Musk says the company will keep building the Cybertruck through the end of summer 2027 to clear its backlog.[CBS News]
- The extension moves past the mid-2027 wind-down timeline Musk had given customers the previous week.[CBS News]
- Musk also said Tesla will need to return some customer deposits because Cybertruck orders outpace production; how many customers are affected was not specified.[CBS News]
- Musk acknowledged in a social media post that extending production is not the most profitable move for Tesla.[CBS News]
Key facts
- Tesla is extending Cybertruck production through the end of summer 2027 to clear its backlog, according to CEO Elon Musk.[CBS News]
- Musk said last week that Tesla would wind down Cybertruck production by mid-2027.[CBS News]
- Musk said Tesla will have to return some customer deposits because Cybertruck orders are running well above production.[CBS News]
- In an X post, Musk said extending production is not the most profitable decision for Tesla, citing sentimentality.[CBS News]
What remains uncertain
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.