During the latest Tesla stockholder meeting, CEO Elon Musk strongly suggests that the Cybertruck will see a starting MSRP above its initial $40,000 offer.
However, in October 2021, Tesla removed that price from the Cybertruck order site and left the option to pay a $100 deposit to reserve an order and suggested that production would start in 2022. By now, we all know that didn't happen and the Cybertruck's release continued to be pushed back. Despite the $39,900 price being removed from the website, Cybertruck reservation holders likely hoped that EV would keep a sub $40k price tag. However, those hopes are apparently dashed.
Must replied,"A lot has changed [since 2019, when the Cybertruck was announced. The specs and pricing will be different; I hate to give a little bit of bad news." Musk went on to discuss economic inflation and"various issues" associated with it. Considering that, and Tesla's history of failing to make any of its cars cheaper, its safe to infer that"different," likely means"more expensive.
Musk attempted to reassure shareholders and Cybertruck reservation holders by claiming that the EV will be a"damn fine machine." He also gave a manufacturing update stating that the Cybertruck is on track for mid-2023 production at the Texas Gigafactory and that the tooling would be put in place in the next few months. So, in the end, the goalposts for the Cybertruck have moved once again and now they are behind a higher-priced end zone.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report: Elon Musk to build private airport outside of AustinElon Musk has plans to build a private airport outside of Austin, according to a report.
Read more »
Elon Musk: 'Tesla Master Plan 3 Is Going To Fundamentally Be About Scaling'Tesla held its annual shareholder meeting today. (You can watch the whole thing on YouTube below.) Below are some highlights from the meeting. Overall, like Elon Musk likes to do with these and as I
Read more »
Elon Musk Suggests Tesla's Next Gigafactory Might Be In CanadaCEO told investors that the next Gigafactory will be one of about 10-12 plants the company is planning and will have enormous annual capacity of 1.5-2 million.
Read more »
No, Elon Musk is not planning to build a private airport in AustinAs the richest person in the world, Musk has all the money to build an airport. But is it worth the hassle? He doesn't think so.
Read more »
Elon Musk Says He Is 'Mainly' Supporting DogecoinICYMI: Dogecoin has real utility even though it was designed as a 'ridiculous joke currency,' says Elon Musk DOGE $DOGE DOGEArmy
Read more »
Twitter’s Legal Team Just Sucker Punched Elon MuskDefining this case in the public imagination is key for both parties. And by launching a sneak attack against Elon Musk, Twitter just won a round of the public-facing bout. KevinTDugan writes
Read more »