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Tesla Cybertruck update: Higher price and production equipment coming

Tesla Cybertruck reservation holders obtained a minor replace on the upcoming electrical truck at Tesla’s annual shareholder’s assembly. CEO Elon Musk confirmed that it’ll have the next value than beforehand introduced, and that manufacturing tools is about to be put in.

When Tesla unveiled the Cybertruck again in 2019, Tesla mentioned that the electrical pickup truck would make it to market by the top of 2021. Because the deadline was approaching, the automaker confirmed that production slipped to 2022.

CEO Elon Musk later mentioned that Tesla was focusing on a start of production for the electric pickup truck in “late 2022” at Gigafactory Texas. With the main target clearly on bringing the Mannequin Y to manufacturing on the manufacturing facility, and that being delayed as properly, it appeared probably that the Cybertruck manufacturing timeline may additionally slip.

In March 2022, it was confirmed that Tesla aims to complete Cybertruck development this year for production in 2023, and in June, Musk mentioned that Tesla is aiming for production to start in mid-2023.

If the automaker sticks to the brand new timeline, it’s lower than a yr away, however there are nonetheless plenty of unknowns. When Tesla first unveiled the automobile, the automaker revealed three variations of the electrical pickup truck beginning at $40,000:

Spec comparisons

Nonetheless, Tesla removed Cybertruck specs and prices from its website late final yr. An replace on pricing and specs has been anticipated ever since.

When requested if Tesla goes to extend Cybertruck costs and if it is going to honor the costs initially introduced in 2019 at Tesla’s shareholder’s assembly yesterday, Musk responded:

Cybertruck pricing, it was unveiled in 2019, and the reservation was $99 – and plenty of modified since then. The specs and the pricing will likely be completely different. I do know it’s a bit little bit of unhealthy information, however there was no method to anticipate the inflation that occurred and numerous points, however what I can say is that Cybertruck goes to be one hell of a product. It’s going to be a rattling tremendous machine.

It appears like we will count on a value improve and completely different specs for the Cybertruck.

Throughout the assembly, the CEO once more mentioned that Tesla is monitoring to begin Cybertruck manufacturing in the midst of 2023, although this time he specified “quantity manufacturing.”

He added:

We’re going to be putting in manufacturing tools within the coming months.

Tesla plans to construct Cybertruck at Gigafactory Texas in Austin, and we not too long ago reported that Idra is about to ship a new giant Giga press designed to produce the Cybertruck’s body.

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