In a recent development, Tesla’s CEO, Elon Musk, has noted caution regarding the production of the highly anticipated Cybertruck. Simultaneously, he announced that the eagerly awaited deliveries of the electric pickup truck will commence on November 30, 2023, according to Reuters.
As the world’s most valuable automaker, Tesla has made a name for itself by producing electric sedans and sport utility vehicles. However, the one segment that has remained elusive to the company’s offerings is the immensely popular and profitable pickup truck market in the United States.
The Cybertruck, set to be Tesla’s foray into this lucrative sector, is expected to compete with formidable contenders such as Rivian’s R1T, Ford’s F-150 Lightning, and General Motors’ Chevrolet Silverado EV in the red-hot electric pickup truck market.