Musk Tempers Expectations on Cybertruck Production Amid Delays and Uncertainty
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Tesla CEO Elon Musk said he wanted to "temper expectations" about Cybertruck production in Tesla's Q3 earnings call.
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The Cybertruck was revealed in 2019 with promises of bulletproof windows and revolutionary design, but production has faced delays and changes.
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Musk said Tesla "dug our own grave" with the Cybertruck and warned of challenges reaching volume production profitably.
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It's uncertain if there's enough demand for 250,000 electric pickups per year as Tesla hopes amid high prices and limited range.
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Unlike Tesla's other models, the Cybertruck has little appeal outside North America, and the sub-$40,000 price is gone.