During an earnings call with investors on Wednesday, Tesla CEO Elon Musk announced that the long-delayed Cybertruck will finally have a delivery event in the third quarter of 2023. Production is set to start this summer, but volume production won’t begin until next year.
Despite more than three years since the initial announcement of Cybertruck, Tesla has faced a multitude of challenges in its production. One of the primary reasons for the delay is the company’s decision to make the truck out of stainless steel, which is more expensive and harder to manufacture. In addition, the unique design of the Cybertruck also requires special welding techniques and custom-made parts, even for less crucial components such as windshield wipers.
Despite these challenges, Musk remains confident in the product, noting that it is “an incredible product” and “a Hall of Famer.”
When asked for updated specifications, Musk declined to provide details, stating that they would be revealed during the hand-off event. However, he did acknowledge that it takes time to get the manufacturing line going and that the Cybertruck is not made like other cars.
However, he reassured investors that production is expected to start this summer.
Tesla’s Cybertruck has faced numerous obstacles during its development, but the company remains committed to delivering a high-quality product to customers. The long-awaited delivery event in the third quarter of 2023 will generate significant buzz among Tesla fans and automotive enthusiasts alike.
While exact specifications are still unknown, Musk’s confidence in the truck’s success bodes well for the future of the company.
