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← Newsroom/EVs & hybrids

Tesla Cybertruck cancelled for Australia, deposits to be refunded

Compiled by ADME Newsroom from 3 sources

First reported by CarExpert · 23 October at 4:54 pm

Who's covering this — 3 articles

EV specialists
2
Motoring press
1
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Image: CarExpert

The quick read

Full coverage

CarExpert·Motoring press·23 October at 4:54 pm

Tesla Cybertruck cancelled for Australia, deposits to be refunded

Hopes for the Cybertruck’s official local launch have been dashed, with the automaker returning deposits and offering a complimentary FSD subscription with purchases of other models instead.

Read at CarExpert →
The Driven·EV specialists·23 October at 1:52 pm

Tesla abandons Cybertruck plans for Australia, nearly seven years after deposits taken

Tesla has abandoned plans to sell the controversial Cybertruck in Australia, and promised to return deposits taken, as Musk courts new controversy in the US. The post Tesla abandons Cybertruck plans…

Read at The Driven →
EV Central·EV specialists·23 October at 10:40 am

Tesla Cybertruck officially axed for Australia: Deposits refunded seven years after orders opened

The Tesla Cybertruck won’t be sold in Australia after all. Deposits are being refunded, and reservation holders get free FSD with a new Model 3 or Y. The post Tesla Cybertruck officially axed for…

Read at EV Central →

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The quick read

  • Tesla has abandoned plans to sell the Cybertruck in Australia
  • Deposits are being refunded to reservation holders
  • Reservation holders are being offered a complimentary FSD subscription with purchases of other Tesla models
  • The Cybertruck's cancellation affects hopes for its official local launch

For dealers: Australian dealers will need to adjust their EV strategies in light of the Cybertruck's cancellation

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The cancellation of the Cybertruck is a significant blow to Tesla's Australian ambitions, particularly in the EV segment where the brand has been a pioneer

What it means for the order bank

With deposits being refunded, Tesla is essentially surrendering a pool of highly motivated and engaged customers who were willing to put down money for a vehicle that was still in the conceptual stages

This could have a ripple effect on showroom traffic, as potential customers who were drawn to the Cybertruck's unique design and capabilities may now be looking elsewhere for their EV fix

Competitor response and opportunity

The Cybertruck's cancellation presents an opportunity for other OEMs to capitalize on the demand for EVs in Australia, particularly those with established models like the Model 3 and Model Y

Rival brands may look to poach disgruntled Tesla customers with competitive pricing and features, which could put pressure on Tesla's pricing and margin strategy

Adjusting to the new landscape

To stay competitive, dealers may need to reassess their inventory and ordering strategies to ensure they are meeting the evolving demands of the Australian EV market

One decisive action a dealer could take this week is to review their current EV offerings and consider diversifying their portfolio to include more models from other OEMs, potentially attracting customers who were previously interested in the Cybertruck

Go deeper — ADME analysis

  • VFACTS May 2026: a Tesla outsells every ute, and the market keeps shifting →
  • NVES and the FBT change: the two policies quietly reshaping what Australia buys →