Tesla Now Plans to Begin Cybertruck Manufacturing by the Finish of 2023: Report

A brand new report from Reuters says Tesla is aiming to start full Cybertruck mass manufacturing by the tip of subsequent 12 months. For realsies this time, or so it says. This could solely be two years after the preliminary mass manufacturing goal was introduced by CEO Elon Musk. That simply beats out autos just like the Semi and new Roadster.

That being mentioned, phrases are low-cost relating to Tesla manufacturing targets, so we’ll stay skeptical till Cybertrucks really begin rolling off the meeting line in Austin, Texas.

“We’re within the closing lap for Cybertruck,” Musk informed monetary analysts in a convention name.

In keeping with Reuters, a gradual ramp-up within the second half of 2023 will culminate in full output by the tip of that 12 months. That will imply the corporate wouldn’t make any cash off the long-awaited Cybertruck till the start of 2024 on the earliest.

There’s nonetheless no phrase on precisely how a lot the Cybertruck will price individuals who put down a $100 deposit years in the past, however it’s a secure wager that it’ll be properly over the preliminary $40,000 Musk projected it to be.

Reuters reviews manufacturing of the Cybertruck has now been pushed again three separate instances. It was initially supposed to begin in late 2022, however it was then moved to late 2022, then early 2023, and now it’s wanting like mid-2023 to begin preliminary manufacturing. Might three be the magic quantity? I suppose we’ll discover out.

In January, Musk had cited shortages in sourcing parts as the explanation for pushing the launch of Cybertruck into 2023.

In Could, Tesla stopped taking orders for the Cybertruck exterior North America. Musk mentioned then the corporate had “extra orders of the primary Cybertrucks than we might presumably fulfill for 3 years after the beginning of manufacturing.”

Reuters says that some analysts are warning {that a} weakening world financial system might begin to have a unfavorable impression on Tesla gross sales. Musk himself has mentioned a coming recession will final till the Spring of 2024.

That’s not the one battle the Cybertruck will face. It now has a lot stronger competitors than it might have a few years in the past. By the point it hits manufacturing on the finish of subsequent 12 months, the Cybertruck must face off in opposition to the Ford F-150 Lightning, Chevrolet Silverado EV, GMC Hummer EV, Rivian R1T, and the upcoming GMC Sierra EV.

Who is aware of what kind of competitors the Cybertruck will face when manufacturing is inevitably delayed previous the tip of 2023?