When Tesla held its grand opening party for the company’s Giga Texas factory last year, Elon Musk said that it will finally start selling the Cybertruck in 2023. Now, we can narrow down the timing of its launch even further. According the edgeMusk just told Tesla investors during his most recent earnings call that the automaker will hold a Cybertruck delivery event in the third quarter of the year. Tesla will start manufacturing the vehicle this summer, but volume production won’t start until 2024, as the company had previously said.
Musk reportedly told investors during the call that “it takes time to get the manufacturing line up and running, and this is really a very radical product.” He added: “It’s not made the way other cars are made.” The production version of the Cybertruck that Tesla showed on stage last year had no door handles and could automatically tell if its owner was nearby and should open the doors. However, it’s still made of stainless steel as the automaker initially envisioned, and that’s more expensive than the steel typically used in industry. As the edge Notes, the electric vehicle requires special welding techniques, and its smallest components are custom-made.
The Cybertruck has been delayed multiple times since it was first announced in 2019. Tesla’s original and very optimistic initial release date was 2021, but it was pushed back to 2022 and then to 2023. Originally, the vehicle’s prices were supposed to they would start at $39,900 for a single-engine configuration to $70,000 for a three-engine. However, Tesla warned earlier this year that its final specifications and pricing have yet to be determined and could be based on various factors, including supply chain shortages and the economy.