Elon Musk Reveals New Cybertruck Production Target of 200,000 Per Year

Cybertruck Production Update

Tesla CEO Elon Musk provided an update on the highly anticipated Cybertruck production numbers during his recent appearance on Joe Rogan’s podcast. Musk stated that Tesla is aiming to manufacture around 200,000 Cybertrucks per year once full production is reached. He noted that the target could potentially exceed 200,000 units annually but emphasized that ramping up manufacturing is quite challenging.

No exact timeframe was given for hitting the 200,000 target. However, this projection is nearly double what Tesla estimated in October, when they said over 125,000 Cybertrucks would be produced annually during the initial pilot phase. Musk had also mentioned on an October earnings call that he expects quarter-million Cybertrucks per year by 2025.

First Cybertruck Deliveries Still on Track for This Month

The futuristic electric pickup truck is slated to begin deliveries to eagerly awaiting customers this month, following two years of delays related to design changes and features. Tesla initially unveiled the Cybertruck concept back in November 2019 and received over 250,000 pre-orders within days. The starting price at the time was announced as $39,900 but current pricing remains unannounced. In addition, you can also read an article on- Tesla Cybertruck: The First Truck Built in Two Years

Musk Discusses “Beast Mode” Version and Bulletproof Options

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

Production Ramp-Up Deemed “Extremely Difficult”

This is not the first time Musk has acknowledged the challenges of reaching mass production for the unconventional Cybertruck design. On a Q3 earnings call, he stated “We dug our own grave with Cybertruck” and described the effort required as “staggering” due to the vehicle’s radical innovation.

You May Find Interest: Tesla Drops Prices of Model 3 and Model Y in U.S. as Delivery Growth Slows

Tesla Share Price Up 63% Year-to-Date

Tesla’s stock closed 1.8% higher on Tuesday at $200.84 per share. The company’s share price has risen 63% so far in 2023.


Subscribe to Our Newsletter

Related Articles

Top Trending

Historical Events and Famous People Born on May 18
Discover the Historical Events and Famous People Born on May 18
theo von net worth
Theo Von's Net Worth and Income Source Breakdown in 2024
GTA 6 Release Date Autumn 2025
Fans Finally Have a Release Date for GTA 6: Autumn 2025
AI Rivals Innovations Rapid Development Concerns
AI Rivals Showcase Innovations Amid Concerns Over Rapid Development
How to Purge AI from Google Searches
How to Purge the AI from Your Google Searches?

LIFESTYLE

Creative Ways to Show Appreciation for Mothers
Creative Ways to Show Appreciation for Mothers on Mother's Day
Mothers Day Speech Ideas
Inspiring Mother's Day Speech Ideas for a Memorable Tribute
Rabindra Jayanti 2024
Rabindra Jayanti 2024: Celebrating the Life and Legacy of Rabindranath Tagore
May 6 Zodiac
May 6 Zodiac: Positive Traits, Compatibility and More about Taurus
why initial bracelets perfect personalized gifts
Why Initial Bracelets Make the Most Personalized Gifts

Entertainment

theo von net worth
Theo Von's Net Worth and Income Source Breakdown in 2024
Blake Lively It Ends With Us Weepy Romance
Blake Lively’s Weepy Romance: The Emotional Depths of "It Ends With Us"
Kevin spacey Acting Comeback Stars Support
Stars Back Kevin Spacey's Return to Acting
Francesca Bridgerton Hannah Dodd Replaces Ruby Stokes
Why Hannah Dodd Replaced Ruby Stokes as Francesca in Bridgerton Season 3?
Jimmy James Dies at 84
Legendary Vagabonds Frontman Jimmy James Dies at 84

GAMING

GTA 6 Release Date Autumn 2025
Fans Finally Have a Release Date for GTA 6: Autumn 2025
How to Save Money on Video Games
How to Save Money on Video Games
ghost of tsushima pc preorders canceled
Ghost of Tsushima PC Pre-Orders Canceled in Non-PSN Countries
Tips and strategies for winning the feudle
A Step-By-Step Guide and Strategies for Winning the Feudle Word Game in 2024
Blackjack Basic Strategy
Blackjack Basic Strategy: Your FAQ Roadmap

BUSINESS

Reddit Shares Jump Openai Chatgpt Deal
Reddit Shares Surge Over 10% After Partnership Deal with OpenAI
taylor swift eras tour boosts uk economy
Taylor Swift's Tour Hands UK Economy £1 Billion Boost: Study
Top 10 Finnish News Outlets in 2024
Top 10 Finnish News Outlets in 2024
Morning Star Candlestick Pattern
Unveiling the Morning Star Candlestick Pattern: A Comprehensive Guide for New Investors
dogecoin wallet sells early misses million profit
10-Year-Old Dogecoin Wallet Sells Early, Misses $1 Million Profit Opportunity

TECHNOLOGY

AI Rivals Innovations Rapid Development Concerns
AI Rivals Showcase Innovations Amid Concerns Over Rapid Development
How to Purge AI from Google Searches
How to Purge the AI from Your Google Searches?
Google IO Gemini 1.5 AI Innovations
Gemini 1.5 & Beyond: Top AI Breakthroughs from Google I/O
viralyft
Viralyft Service Analysis, Case Study, and Price Comparison in 2024
Google AI Finds Lost Glasses
Google's New AI Helps You Find Lost Glasses

HEALTH

Hacks to Reduce Anxiety
3 Science-Backed Hacks to Reduce Anxiety & Boost Happiness 
massachusetts man dies after pig kidney transplant
Massachusetts Man Dies After First Successful Pig Kidney Transplant
International Nurses Day 2024
The Heart of Healthcare: Celebrating International Nurses Day 2024
Semaglutide Weight Management Revolution
Semaglutide Revolution: Shaping the Future of Medical Weight Management
neuralink brain implant fix update
Neuralink Update: Elon Musk Announces Fix for Brain Implant Issue