Elon Musk Gives New Tesla Cybertruck Update: Here’s When The Vehicle Is Now Expected

A recent interview between Tesla Inc. TSLA CEO Elon Musk and the Tesla Owners Club in Silicon Valley highlighted a preview of the company’s highly anticipated electric pickup truck.

What happened: Asked about an update on the Tesla Cybertruck, Musk shared, “The design is finally locked in.”

Musk added that the company got too carried away with the features, which led to delays in finalizing the vehicle design and production.

The Tesla CEO noted that if the Cybertruck had entered production last year, it wouldn’t have mattered as it would have been affected by supply issues.

Musk said producing the Cybertruck along with other vehicles would have been an example of “stealing one pocket to pay for the other.”

When asked for an estimate of when the Cybertruck will be in production, Musk offered the following: “Mid of next year.”

Related Link: Tesla Cybertruck Featured in New Music Video by This 13-Time Grammy Winner

Why it matters: An interview between Musk and the Tesla Owners Silicon Valley Club gave insight into Tesla and production, the company’s early days, and touched on personal topics such as space exploration, aliens, philosophy and retirement.

Musk previously said the Cybertruck would be the company’s best product yet.

The Tesla CEO also said last year that he feared the vehicle would collapse because the design was “so different from everything else”.

The Cybertruck will compete with Ford Motor Company F and Rivian Automobile Inc. SHOREtwo companies that have delivered electric trucks to customers.

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