Tesla Cybertruck plans to start production later this year

According to news on May 29, Tesla Cybertruck all-electric pickup truck is expected to become a mainstream model in 2023. This is according to ARK Invest analyst Sam Korus based his predictions on early data from Google Trends.

Due to its unique appearance and excellent performance, Cybertruck is favored by consumers. At the shareholder meeting, Tesla CEO Musk predicted that the company may sell 250,000 to 500,000 Cybertrucks annually. However, the car's launch date has been delayed multiple times due to multiple revisions and supply chain issues.

Initially, Cybertruck was planned to start mass production at the end of 2021, but at Tesla’s annual shareholder meeting in August 2022, Musk confirmed that the car would be launched in 2023. At the end of January this year, Musk announced during the fourth quarter 2022 earnings call that limited production of the Cybertruck would begin this summer, and noted that mass production of the car would be postponed to 2024.

According to the editor’s understanding, Tesla plans to start producing Cybertruck at its Gigafactory in Texas later this year and make progress on its next-generation vehicle platform. According to Musk on April 19, Cybertruck delivery activities are expected to take place in the third quarter of 2023, possibly around the end of September. Although there is no exact delivery date, the car will be delivered as expected.

To sum up, although the launch date of Cybertruck continues to be postponed, this all-electric pickup truck is still highly anticipated due to its unique design and excellent performance. This model is favored by consumers and is expected to become Tesla's main product and is expected to occupy an important position in the market in the future.

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