Musk said on a conference call with financial analysts “We’re in the final lap for Cybertruck,” and in the report from Reuters, there will be a gradual build up of output towards the end of 2023 to be in full production by the end of the year.
Reuters report reads:
“In January, Musk had cited shortages in sourcing components as the reason for pushing the launch of Cybertruck into 2023.
“In May, Tesla stopped taking orders for the Cybertruck outside North America. Musk said then the company had “more orders of the first Cybertrucks than we could possibly fulfill for three years after the start of production.”
The Cybertrucks will be produced in the Texas Gigafactory in Austin. Although Tesla have not confirmed a price for the truck yet, those who have put down a $100 deposit a few years ago will be expecting to be paying above the initial estimate of $40,000.
According to the Tesla website, the Cybertruck is set to have a 0-62 mph time of just 2.9 seconds with a range of 500 miles.
Due to the production delays, the Cybertruck is now going to have more competition when it hits the market. Other electric trucks that it will be competing with will include the Ford F-150 Lightning, the Chevrolet Silverado EV, and the Rivian R1T.