Musk Says Tesla Will Refund Some Cybertruck Deposits and Defends Production Halt Decision
17 hour ago / Read about 0 minute
Author:小编   

Tesla CEO Elon Musk has defended the decision to halt Cybertruck production, saying that orders for the vehicle far exceed production capacity. In a post on X on Monday, Musk said Tesla will stop Cybertruck production in about eight months and will manufacture as many of the model as possible before then, but will have to refund deposits to a large number of customers. He stressed that the Cybertruck is not a loss-making model and that the reason for halting production is that the opportunity cost of its complex manufacturing process far outweighs the value that could be created by increasing production of the Cybercab.