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November 11, 2026 / 2:55 PM EST / CBS News

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Tesla is extending a deadline it set to finish Cybertruck production to give the company more time to fulfill its orders, CEO Elon Musk announced Wednesday.

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In a social media post, Musk said Tesla will continue to manufacture the Cybertruck through the end of summer 2027, giving the car company a few additional months to work through its backlog. Last week, Musk originally said Tesla would wind down production by mid-2027 when he broke the Cybertruck news to customers.

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Days later, he revealed Tesla would have to return some customers' deposits, noting that the Cybertruck order rate "far exceeds" the electric vehicle maker's production rate.

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"We will try to make as many as possible before shutting down the line in about 8 months, but will have to return deposits for a lot of people," he said on X.

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The announcement sparked backlash from some Tesla customers on social media who said they are still waiting to get their hands on the stainless-steel pickup truck.

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"Like many of you, I have a 59k Cybertruck on order," one Reddit user wrote. "I've been excited for it, and I'm getting the feeling now…

Original source: https://www.cbsnews.com/moneywatch/

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