You may not wish to count on getting a Cybertruck this yr despite guarantees on the contrary. During a conference call discussing Tesla’s latest earnings, company chief Elon Musk said mass production of the electrical pickup won’t begin until 2024. He still expects manufacturing to kick off “sometime this summer,” but warned that output can be “very slow” early on. Tesla continues to be within the midst of putting in assembly equipment.
Tesla unveiled the Cybertruck in 2019, but has delayed its release multiple times. The corporate also warned that the ultimate specs and pricing will change. The EV was originally purported to start at $39,900 in its single-motor configuration and climb to just about $70,000 for the tri-motor version. While the automaker continues to be taking deposits, it’s now not promising specific configurations. The pandemic, a rough economy, longstanding supply chain issues and design tweaks are all expected to influence what you may ultimately buy.
This is not a brand new problem for Tesla. Production of the Model 3 began in July 2017, but was very limited until mid-2018 as the corporate struggled to clear factory bottlenecks. The Cybertruck poses unique challenges, nonetheless. Its signature cold-rolled steel body is claimed to be extra-tough, but additionally requires manufacturing techniques not normally used for cars. Most production is anticipated to happen on the Giga Texas factory near Austin, which formally opened last April.
The revised timeline may create problems. The Cybertruck is already entering a fiercer competitive landscape that features the Ford F-150 Lightning, GMC Hummer EV and Rivian R1T. By the point Tesla’s production is in full swing, it can likely should tackle the Ram 1500 EV and Chevy Silverado EV in addition to more cost-effective versions of existing trucks. An electrical pickup is not any longer the novelty it was 4 years ago, and it is not clear if the finished Cybertruck will offer major benefits over its rivals.