Tesla Cybertruck mass manufacturing ramp slips to 2024

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Tesla’s long-anticipated Cybertruck gained’t be seeing full quantity manufacturing till 2024, Elon Musk mentioned through the firm’s fourth quarter earnings name right this moment.

In the course of the name, Musk was requested whether or not the forthcoming automobile would meet a mid-2023 manufacturing goal that was set in Q2 final yr. Musk cagily confirmed that Cybertruck manufacturing would begin “someday this summer season,” however concluded that mass manufacturing of the polarizing pickup gained’t begin till subsequent yr. “I all the time attempt to downplay the beginning of manufacturing,” Musk mentioned. “It will increase exponentially, however it is vitally sluggish at first.”

Cybertruck was initially introduced in 2019 to widespread curiosity, however has seen its manufacturing delayed a number of instances. Pre-production was initially supposed to start out in late 2021, however was delayed because of the COVID-19 pandemic. It was then slated for someday in 2023, a projection made a yr in the past. Moreover, final yr Musk instructed traders Cybertruck’s specs and value “will likely be totally different,” (learn: will likely be costlier).

As a comfort prize, Tesla revealed on Wednesday that it has began putting in the manufacturing gear wanted for the Cybertruck’s meeting, together with the castings that may produce the electrical pickup’s physique. The Cybertruck is predicted to be largely manufactured on the firm’s Gigafactory in Austin, Texas.

Trade consultants warned that the timeline wanted to be sped up to ensure that the Cybertruck to have its desired affect. “Cybertruck will likely be hitting an more and more crowded sector of the EV market amid the F-150 Lightning, GMC Hummer EV, Rivian R1T, and sure the Chevy Silverado EV and RAM 1500 EV following carefully behind,” mentioned Edmunds govt director of insights Jessica Cawell in an electronic mail to The Verge. “The draw back for Tesla is that the Cybertruck nearly looks like outdated information.”

There’s nonetheless a whole lot of consideration on the Cybertruck after its over-the-top unveiling that launched its aggressive, put up apocalyptic design. Possibly if Tesla throws extra metallic balls round it may get manufacturing rolling.

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