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Business · Elon Musk

Seven year wait ends for Tesla pickup buyers

Tesla is refunding deposits from 2019 after deciding to stop building the Cybertruck for right-hand-drive markets.

By Lucas Chen ·

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Almost seven years of waiting came to an abrupt end on Thursday when Tesla confirmed it would no longer produce the Cybertruck for Australia and New Zealand. The electric automaker sent emails to reservation holders, informing them that their orders were void and that their initial deposits would be fully refunded. This decision marks the final chapter for a vehicle that many in the region had anticipated since late 2019.

The timeline of this cancellation spans nearly half a decade. In November 2019, Australian consumers began placing A$150 reservations for the electric pickup. For several years, Tesla kept the reservation page open, leading to significant interest. A crowdsourced survey from 2020 indicated that Australia held the third-highest number of reservations globally, trailing only the United States and Canada. By 2023, total reservations for the truck worldwide had reached approximately two million, though Tesla never officially confirmed these regional breakdowns.

The situation shifted quietly in May 2022 when Tesla closed the Australian reservation page. It replaced the ordering interface with a button that simply said, Get updates. At that time, the company did not refund anyone. Customers who had already committed their money were left in a state of limbo, waiting for a product that was not yet ready for their specific market requirements.

In 2024, Tesla shipped a Cybertruck to Australia for a display tour. During that period, CEO Elon Musk told shareholders that the company might be able to certify the vehicle for other markets the following year. That promise passed without a right-hand-drive version appearing. The core obstacle was mechanical and regulatory. The Cybertruck is manufactured exclusively in left-hand drive. Australia, New Zealand, the UK, and Japan all require right-hand-drive vehicles. Additionally, Australia mandates certification under its own specific design rules, creating a substantial financial hurdle for a truck that was already facing demand challenges in North America.

Tesla's recent international expansions have focused strictly on left-hand-drive markets. Deliveries began in South Korea late last year, followed by the UAE in January. Configurators were also added for Saudi Arabia, Qatar, Jordan, and Israel. The truck remains blocked in the European Union, largely due to pedestrian safety regulations. The lack of volume in these new markets further undermines the case for a costly right-hand-drive re-engineering effort.

Financial data supports the decision to halt production for these regions. In the third quarter of 2026, Tesla delivered just 8,295 units categorized as Other Models. Since production of the Model S and Model X has ended, this category is now almost entirely composed of Cybertrucks. Estimates suggest that Cybertruck sales last quarter were between 7,000 and 8,000 units. This represents an annual pace of roughly 30,000 units, which is significantly below the production line's capacity of 250,000 units per year. For a vehicle with such modest global volume, the cost of re-engineering it for markets with a combined population of about 33 million is difficult to justify.

The cancellation email, which was shared widely on social media and Reddit this morning, was brief. Tesla stated that after careful consideration, plans to produce the Cybertruck for Australia and New Zealand had been discontinued. Consequently, the company could not fulfill the reservations and would cancel them. Customers are expected to receive full refunds for any payments made within 30 days.

To soften the blow, Tesla is offering a consolation prize to those who switch to a different model. Reservation holders who order a new Model 3 or Model Y will receive a free one-year subscription to Full Self-Driving, Supervised. This strategy aims to convert the dead Cybertruck reservations into sales of vehicles that Tesla actually builds for right-hand-drive markets.

This development confirms that the Cybertruck is becoming a niche product, primarily targeted at North America. While some Australian customers may have already canceled their pre-orders due to price increases and reduced range compared to early promises, the official cancellation brings closure to a long period of uncertainty. The truck's US sales have also dropped significantly from their 2024 peak, reinforcing the view that international expansion is now limited to finding buyers for the existing left-hand-drive inventory.

Source: Electrek · original report published

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