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Musk says Tesla will refund some Cybertruck deposits, defends decision to end production

Elon Musk defended the company's decision to stop making the Cybertruck, which will go out of production in around 8 months.

By TechCrunch

Excerpt shared by Lazyfounder

·Excerpt
Musk says Tesla will refund some Cybertruck deposits, defends decision to end production
Image: Image Credits:David Crane/MediaNews Group/Los Angeles Daily News / Getty Images

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.

Tesla will shut down production of the Cybertruck in about eight months Musk said in an X post on Monday. He also said the company will try to make as many…

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