Tesla CEO Elon Musk recently confirmed during a earnings call that the highly anticipated Cybertruck will begin production in mid-2023.
Cybertruck Pre-Orders Reach Over 1.5 Million
Recently, a beta version of the vehicle was spotted in California, giving fans a glimpse of some small design updates, including a stylish triangle-shaped mirror and a slightly shorter back tailgate.
Tesla announced that over 1.5 million people have pre-ordered the Cybertruck. Although this does not mean that Tesla has sold 1.5 million units, it’s a positive sign for the company as it means a minimum of $150 million has already entered the company.
Cybertruck: What to Expect
The Tesla Cybertruck is expected to feature a quad-motor all-wheel drive system, a towing capacity of up to 14,000 lbs, and a 0-60 mph time of 2.9 seconds. The vehicle is also expected to have a range of up to 500 miles on a single charge.
Production Challenges and Price Concerns
Tesla has had production challenges in the past, leading to long wait times for deliveries. However, the company has taken steps to improve its production processes since 2019. The cost of the Cybertruck, which was announced in 2019, may change due to the pandemic and global inflation.
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