Tesla Cybertruck: The First Truck Built in Two Years
After two years of delays, Tesla finally finished building its first Cybertruck at the electric vehicle manufacturer’s plant in Austin, Texas, the firm announced in a tweet on Saturday.
Since then, the company has delayed the start of production, and Musk had last year claimed component shortages as the rationale for delaying the debut of Cybertruck until 2023.
According to Musk, Tesla would like to produce up to a quarter million Cybertrucks annually, depending on demand, at a shareholder meeting in May.
With the launch of the Cybertruck, Tesla will be able to compete with electric pickups made by companies like Ford Motor (F.N) and Rivian Automotive (RIVN.O), both of whom have introduced models in still-restricted quantities.
According to Reuters, Tesla plans to begin mass producing the Cybertruck by the end of 2023.