Elon Musk puts Tesla Cybertruck production estimate much lower than anticipated

Elon Musk puts Tesla Cybertruck production estimate much lower than anticipated

The Tesla Cybertruck is one of the most anticipated Electric vehicles of the year. It has been gaining a lot of attention since its reveal in November 2019, and fans have been eagerly awaiting the vehicle’s production. The design of the Electric pickup truck has been polarizing, but the 1.5 million reservations it has received is a clear indication of its potential success.

Elon Musk has now managed to bring the production numbers down by sharing the Cybertruck’s production estimate. During a presentation at Tesla’s annual shareholder meeting, Musk stated that Tesla’s goal is to bring the Cybertruck to production later this year and volume production next year. He also stated that the production would follow an S-curve, meaning it will be slow at first before ramping up. He estimated that the annual production of the Cybertruck would be between 250,000 and 500,000 units a year, and commented that it could be hard to make the Cybertruck affordable.

This is an interesting comment that has led many to speculate on the pricing of the Cybertruck. It’s already known that the original $40,000 to $80,000 price range is now unrealistic due to inflation, but it looks like fans will have to adjust their expectations even further. It’s likely that the more expensive versions of the Cybertruck will be released first, with a base version costing around $70,000. Cheaper versions of the Cybertruck may not appear until 2026.

Overall, the Tesla Cybertruck looks to be a promising and exciting vehicle, although the production estimates and pricing have been revised down. Fans of the vehicle will have to wait a little longer to get their hands on it, but it looks like they will be able to enjoy the unique design of the Cybertruck sooner rather than later.

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