Tesla Cybertruck won’t enter the production until end of 2023
According to a new report by Reuters, quoting unnamed insider sources, the Tesla Cybertruck will not go into mass production before the end of 2023.
Tesla did confirm during the Q3 earnings call, that the Austin facility is being tooled-up for the Cybertruck manufacturing and the company was hoping to start trials in the middle of 2023. Elon Musk did say this was the final lap for the Cybertruck.
The Cybertruck is as important for Tesla as it is for its long waiting customers - the company had so many orders from all over the word it had to start canceling them in some of the markets. According to some researchers, Tesla received more than 3 million orders for the Cybertruck and if it was to try and fulfill all of them, it would take ages.
Cybertruck buyers are committed to seeing their orders through and once Tesla flips the switch on mass production, its revenue for 2024 will go through the roof. Orders alone - if the numbers are correct - generated $300 million for the company which is unprecedented in the automotive industry.
The initial price for the Cybertruck was planned to be around $40,000 but this is highly unlikely to remain, there is no point speculating how high will the price go but with GMC Hummer’s MSRP of $100k and usually selling for double that, there is no reason for Tesla to keep its promise. People will buy the Cybertruck anyway.
Tesla customers are a patient bunch, they have been waiting for the Cybertruck since 2019 and by the time it goes into production, it’ll be 4 years - that’s a long wait. Despite all the delays and smashed-up supposedly bullet-proof windows and many delays - Cybertruck will revolutionize the automotive industry. If it ever gets produced in meaningful numbers, that is.
It is the only car made of stainless steel, there is not a single curve on it if you don’t count the wheels. It is otherworldly and it will offer performance, durability and hopefully good value. I don’t think anyone can ever forget the first time Elon Musk brought the Cybertruck to the stage - the whole world thought it was an elaborate prank. It wasn’t and the ugly duckling of the automotive world is on its way.
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