Tesla CEO Musk: Cybertruck Production Line to Close in About 8 Months

On November 9 that, according to Tesla CEO Elon Musk, Cybertruck orders are vastly outpacing production. The company will make every effort to produce as many vehicles as possible before the production line shuts down in about eight months, but it will still be forced to refund deposits to many buyers.

Musk stated that the decision to close the line is not because the Cybertruck is unprofitable, but rather because the opportunity cost associated with its manufacturing complexity far outweighs the potential value of increasing Cybercab production.