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Tesla to Refund Many Cybertruck Deposits as Orders Exceed Production

CEO Elon Musk said Tesla will have to refund deposits for many Cybertruck customers because orders far exceed production capacity. The remarks follow last week's announcement that Tesla is winding down Cybertruck production at its Texas factory.

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Tesla will have to refund Cybertruck deposits for many customers as orders far exceed production capacity, CEO Elon Musk said, following last week's announcement that the electric vehicle maker is winding down the pickup truck's production at its Texas factory."We will try to make as many as possib…

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