Elon Musk says Tesla will have to return 'a lot' of Cybertruck deposits

Tesla is discontinuing the Cybertruck to free up resources for its dedicated robotaxi. Reginald Mathalone/NurPhoto via Getty Images Elon Musk said said the order backlog for the Cybertruck "far exceeds" what Tesla can build. The electric truck is being axed next year, and Musk said Tesla will have to return a lot of deposits. The Cybertruck has had a bumpy ride, with sales collapsing and owners hit with vandalism and abuse. Putting money down doesn't guarantee you'll get one of the last Cybertrucks to roll off the line. Elon Musk said on Monday that the number of Cybertruck orders "far exceeds" Tesla's capacity to build them before the electric pickup is discontinued next year . "We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people," the Tesla CEO wrote.