During their fourth quarter earnings call this past Wednesday, Tesla had a number of good things to celebrate: Record production and deliveries, an increase in profits, and a significant increase in revenue. However, if you are a Cybertruck reservation holder, not everything was sunshine and rainbows.
Since the unveiling of the Cybertruck in 2019, Tesla has given a significant number of updates to the expected start of production, delaying the original expectation by years. More recently, the company has guided that production will start this year, likely in the summer or early fall.
During the earnings call, when asked directly about the Cybertruck’s expected start of production, Tesla CEO Elon Musk responded:
“We do expect production to start, I don't know, maybe sometime this summer. But I always like to try to downplay the start of production because the start of production is always very slow. It increases exponentially, but it's always very slow at first. So I wouldn't put too much thought in start of production. It’s kind of when does volume production actually happen, and that’s next year.”
So the name of the game for those in line for their cybertruck is waiting… but that isn’t something new. While we expect to see record overall production numbers in 2023 (like we saw in 2022), there likely won’t be more than a few thousand Cybertrucks produced. On to 2024 it would seem…