A new report from Reuters states that the Cybertruck won’t be scheduled for mass production until late 2023. This date is two years after it was originally aimed to enter production and four years after it was first revealed.
This timeline cannot be trusted entirely though. This is in an ideal scenario which just doesn’t seem to be happening for the company.
Tesla will need to deliver its prebooked 1.6 million reservations into sales. Customers paid a $99 deposit on the Cybertruck when it started taking reservations. This resulted in customers depositing for several vehicles they may not have wanted to purchase, or simply buying a reservation spot as a status symbol, only to cancel it later. Its reservation list grew fast to achieve half-million pre-orders at a base price of $40,000. However, the price seems impractical now.
“Cybertruck pricing was unveiled in 2019 and the reservation was $99, so, a lot has changed since then,” Musk said at Tesla’s Cyber Roundup in August. “The specs and the pricing will be different. I hate to give a little bit of bad news, but I think there’s no way to have anticipated the inflation that we’ve seen and the various issues. What I can say is that the Cybertruck will be one hell of a product. It’s going to be a damn fine machine.”
When the truck was announced, it was the only one in the market. However, now, legacy automakers have built competition. Ford is shipping its all-electric F-150, GMC has the Hummer EV, and Rivian offers the R1T. Soon, GM will also release the Chevrolet Silverado EV and GMC Sierra. More is promised from Volkswagen’s Scout brand, Toyota, Canoo, Lordstown as well.
Tesla enthusiasts are still thrilled to see the end version of the Cybertruck. To honor the still ongoing excitement, Tesla must deliver soon before it dwindles down.
