Tesla Inc goals to begin preliminary manufacturing of its much-anticipated Cybertruck by the top of the primary quarter of 2023, pushing again its plan to start manufacturing late this 12 months, an individual aware of the matter advised Reuters on Thursday.
The particular person stated the delay comes as Tesla is altering options and features of the electrical pickup to make a compelling product as competitors heats up within the phase.
Tesla is predicted to make restricted manufacturing of the Cybertruck within the first quarter of 2023 earlier than rising output, the supply stated.
Tesla didn’t instantly reply to a request for remark.
Tesla, the world’s prime electrical automotive maker, makes electrical sedans and sport utility autos however has missed out on the pickup truck phase, which is worthwhile and vastly well-liked in America.
Ford Motor Co and Rivian Automotive are forward of Tesla in launching electrical pickups.
Ford stated early this month it is going to practically double annual manufacturing capability for its red-hot F-150 Lightning electrical pickup to 150,000 autos forward of its arrival this spring at U.S. sellers.
Ford’s market worth breached $100 billion for the primary time on Thursday when Tesla shares fell 6.7% and Rivian slumped 7.1%.
CEO Elon Musk, who unveiled the futuristic car in 2019, had already delayed its manufacturing from late 2021 to late 2022.
Musk has stated he’ll present an up to date product street map on Tesla’s Jan. 26 earnings name.
“Oh man, this year has been such a supply chain nightmare & it’s not over!,” he tweeted in late November, when requested concerning the Cybertruck.
Tesla just lately eliminated a reference to its manufacturing schedule from its Cybertruck order web site. Final month, the web site stated, “You will be able to complete your configuration as production nears in 2022.” Now “in 2022” has been omitted.
Tesla plans to provide the Cybertruck at its manufacturing unit in Texas, which is predicted to begin manufacturing of Mannequin Y vehicles early this 12 months.