Elon Musk reveals new Cybertruck production target of 200,000 per year

Tesla CEO Elon Musk provided an update on the long-awaited Cybertruck production numbers during his recent appearance on Joe Rogan’s podcast. Musk stated that Tesla aims to build around 200,000 Cybertrucks per year once full production is reached. He noted that the target could potentially exceed 200,000 units a year, but stressed that scaling up manufacturing is a challenge.

No exact time frame was given to reach the goal of 200,000. However, this projection is almost double what Tesla estimated in October, when they said more than 125,000 Cybertrucks would be produced annually during the initial pilot phase. Musk also mentioned in an October earnings call that he expects a quarter of a million Cybertrucks per year by 2025.

First Cybertruck deliveries still on track for this month

The futuristic electric pickup truck is scheduled to begin delivery to eagerly awaiting customers this month, following two years of delays related to design and feature changes. Tesla initially unveiled the Cybertruck concept in November 2019 and received more than 250,000 pre-orders within days. The starting price at the time was announced at $39,900, but the current price has not yet been announced. Additionally, you can also read an article about Tesla Cybertruck – the first truck built in two years.

Musk talks about “Beast Mode” version and bulletproof options

During Rogan’s 3-hour podcast, Musk also provided more details about the Cybertruck, mentioning a “beast mode” version of the angular vehicle. He said the Cybertruck would come equipped with bulletproof steel body panels and that customers could opt for a bulletproof glass add-on for the windows.

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Increasing production considered “extremely difficult”

This isn’t the first time Musk has acknowledged the challenges of reaching mass production of the unconventional Cybertruck design. On a third-quarter earnings call, he said, “We dug our own grave with the Cybertruck,” and described the effort required as “staggering” because of the vehicle’s radical innovation.

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Tesla’s stock price is up 63% so far this year

Tesla shares closed 1.8% higher on Tuesday at $200.84 per share. The company’s share price is up 63% so far in 2023.

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Categories: Technology
Source: vtt.edu.vn

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