Quartz·1 min read·easy
Tesla will refund Cybertruck deposits to some customers as production winds down
✦AI Summary
Tesla is reportedly preparing to refund some Cybertruck deposits as production of the vehicle winds down. CEO Elon Musk indicated that current orders exceed the remaining production capacity at the Texas facility.
Why it matters
This signals a potential shift in Tesla's production strategy or a limitation in scaling the manufacturing of its flagship electric truck.
CEO Elon Musk said Cybertruck orders exceed production, and the…
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