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BusinessUpdated 17 min ago

Why Tesla is set to refund deposit money of many customers of this car, Elon Musk reveals

Mint10 November 2026 at 1:12 pm IST
Image: Mint

Tesla CEO Elon Musk said the company will refund deposits to many Cybertruck buyers as orders exceed production capacity. Tesla plans to wind down production by mid-2027 and redirect factory capacity towards its Cybercab autonomous vehicle.

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