Elon Musk says ‘we dug our own grave with Cybertruck,’ offers new delivery date

The Tesla Cybertruck lastly has a supply date, in response to a company post on X (previously Twitter). Together with its third quarter earnings right now, Tesla introduced the long-delayed Cybertruck electrical pickup could have its first deliveries during an event on November thirtieth on the firm’s Gigafactory in Austin, Texas. The corporate can be anticipated to announce pricing then, which was initially pegged at $39,900 when first introduced in 2019.

On Tesla’s Q3 earnings name Wednesday night, CEO Elon Musk stated he needed to “mood expectations” as manufacturing ramp-up for Cybertruck can be extraordinarily troublesome. Musk says Tesla is concentrating on 1 / 4 million Cybertrucks per yr sooner or later, however that gained’t occur till after 2024, and confirmed that greater than 1 million folks have reserved the truck.

“We dug our personal grave with the Cybertruck,” stated Musk. “Cybertruck’s a kind of particular merchandise that comes alongside solely as soon as in an extended whereas. And particular merchandise that come alongside as soon as in an extended whereas are simply extremely troublesome to carry to market to achieve quantity, to be affluent.”

Previously few months, Cybertrucks have began exhibiting up on the highway, all labeled as RC for testing or as prototype autos. The corporate beforehand stated there could be a supply occasion by Q3, however that by no means occurred.

Since its authentic announcement, different automakers have caught up, releasing their very own electrical pickup vans, together with Ford with the F-150 Lightning and Rivian with the R1T. Cybertruck nonetheless instructions widespread curiosity no matter its delays and its humongous windshield wiper that also appears unreal that it’d make it to the ultimate design.

Replace October 18th, 2023 6:00PM ET: Added new manufacturing targets from Tesla earnings name and quotes from Musk.

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