Tesla has done it again — the probability is high that you won’t spot many Cybertrucks this year as mass production has been pushed to 2024.
Electric trucks are a sizzling commodity nowadays — and what is a better time for Tesla to bring its legendary and long-anticipated Cybertruck into the picture? But no, the automaker is postponing the manufacturing of the electric truck even further. The game began in 2019, and it’s 2023 now. Elon Musk recently clarified that mass production of the Cybertruck will only occur in 2024.
The news came at Tesla’s fourth-quarter earnings call, where the CEO announced the company’s plans for the Cybertruck. When asked whether the electric truck would see daylight this year, Musk responded that the manufacturing would start “sometime this summer.” So much for clarity.
In 2019, Musk predicted that America would be abundant with Cybertrucks by 2021. However, the worldwide pandemic put quite a halt to this plan. Later, in 2022, the CEO marked the end of 2023 as a fruitful time for mass production. But now, the company says that although manufacturing would begin somewhere in 2023, the output would be “very slow.”
There’s one small consolation, though — Tesla says it has begun installing assembly equipment. It is speculated that the majority of the manufacturing of the Cybertruck will take place in the Gigafactory Austin, Texas. There was also another good news on the call, which concerned the company’s earnings. Namely, Tesla reported a 33% rise in the fourth quarter, giving the company earnings of $21.3 billion.
It is probably time that Musk stops giving out predictions about the upcoming productions of his company. While the Cybertruck is a classic example, another one supports the above statement — Elon promised fully self-driving Teslas by the end of 2022. Still, we all know how the company’s claims about fully-autonomous driving were dealt with.
If the Cybertruck still doesn’t appear next year, it will face even stiffer competition. Since we first saw Tesla’s polarizing pickup truck in 2019, Ford launched the F-150 Lightning, Chevy, GMC, and Ram announced the Silverado EV, Sierra EV, and Revolution electric trucks, and fellow startup Rivian launched the R1T. Next year we might also see Toyota entering the game with an electric Tacoma, and let’s not forget the Hummer EV.
The Cybertruck will still sell well and probably beat its competition, but not as much as it would’ve if it launched in 2020. But let’s see how it goes!
