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.
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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.