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Musk says Tesla will refund some Cybertruck deposits, defends decision to end production
Tesla CEO Elon Musk is defending the Cybertruck and the company’s decision to stop producing the polarizing steel-clad truck, claiming that the order rate far exceeds its production.
AI Summary
Elon Musk defended the Cybertruck, saying its order rate far exceeds what the factory can produce. He announced that Tesla will cease production of the steel‑clad truck in roughly eight months. The statement was posted on X on Monday, where Musk explained the decision to end manufacturing while still supporting the vehicle’s design.
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