Musk Tempers Cybertruck Hype, Cites 'Enormous Challenges' to Reach Volume Production

Tesla CEO Elon Musk sounded uncharacteristically cautious about Cybertruck production timelines and volumes on the company's earnings call.

Musk said there will be "enormous challenges" reaching volume production and profitability with the Cybertruck.

He did not provide a specific Cybertruck production target for 2023, only saying volume production likely in 2025.

Musk cited the vehicle's advanced technology and "uncharted territory" as reasons for uncertainty.

His cautious tone could lead some investors to lower Cybertruck expectations after previous missed targets.