Tesla’s first Cybertruck rolled off the electrical vehicle manufacturer’s assembly line in Austin, Texas, after a two-year production delay.
Tesla founder and CEO Elon Musk first teased the futuristic-looking electric truck in 2019 in an event that went viral when a vehicle designer broke the truck’s supposedly indestructible “armored” windows during an illustration.
Within the years since the disclosing of the Cybertruck, Tesla has delayed the deadline for mass production several times.
Last yr, Musk cited supply chain deficiencies that impacted component sourcing when Cybertruck production was pushed back to 2023.
During Tesla’s May shareholder meeting, Musk said the corporate goals to supply about 250,000 Cybertrucks a yr, depending on demand.
![Tesla co-founder and CEO Elon Musk completes the presentation of the newly unveiled all-electric, battery-powered Tesla Cybertruck at the Tesla Design Center in Hawthorne, California, November 21, 2019.](https://nypost.com/wp-content/uploads/sites/2/2023/07/GettyImages-1183851341.jpg?w=1024)
When Musk first announced the Cybertruck in 2019, the corporate allowed potential buyers to pay $100 to order a future Cybertruck, which had an expected starting price of lower than $40,000.
The electrical pickup has also undergone some design changes because it was first announced.
After years of delays, pricing details have yet to be announced, and in May the corporate stopped taking orders for the vehicle outside of North America.
![Tesla co-founder and CEO Elon Musk reacts in front of the newly unveiled all-electric, battery-powered Tesla Cybertruck with broken glass in the windows after a demonstration Nov. 21, 2019.](https://nypost.com/wp-content/uploads/sites/2/2023/07/GettyImages-1214260645.jpg?w=1024)
With the introduction of the Cybertruck, Tesla could have an electrical automobile offering within the pickup truck segment – one of probably the most profitable within the US market – together with a direct competitor to the electrical cars launched by Ford and Rivian in small numbers.
Late last yr, Reuters reported that Tesla plans to start mass production of its Cybertruck in late 2023, following an “early production” phase that was expected to begin in mid-2023.
The report named two individuals who knew of the plans.
![The Tesla Cybertruck is on display at the Tesla Giga manufacturing facility in Texas during](https://nypost.com/wp-content/uploads/sites/2/2023/07/GettyImages-1239825194.jpg?w=1024)
Tesla’s plans to bring the Cybertruck into mass production could also be discussed when the corporate releases its second-quarter financial results on Wednesday.
Earlier this month, Tesla announced it delivered a record number of vehicles within the second quarter as Elon Musk’s strategy of increasing the corporate’s sales volume by aggressively lowering prices to stimulate demand paid off.
Tesla announced 466,140 vehicles delivered within the second quarter – a rise of 10% from the previous quarter and a rise of 83% from the identical period a yr ago.
Tesla’s share price is up about 160% since Sunday, July 16, trading over $281 a share after starting the yr at $108 a share.