Tesla Cybertruck Production Canceled “In the Best Interest of Tesla”

Tesla Cybertruck Production Canceled “In the Best Interest of Tesla”

The Tesla Cybertruck, which has aroused great interest, will not reach the end-user: the carmaker cancels its production.

Elon Musk has informed that the company made a difficult decision to refuse the production of the long-awaited, much-talked-about Tesla Cybertruck. The company will refund all pre-orders – over a million, by the way.

There are several reasons, the main one is unprofitability: the truck ceased to be a viable business case. Ongoing development costs are much more than the original budget.

The company can’t make a competitive offering that would beat the prices of rivals, such as the Ford F-150 Lightning and others. The Cybertruck’s original base price of $39,900 is no longer realistic, as material costs have increased over the past 2 years. The model underwent several delays and eventually says “Goodbye”.

The Gigafactory in Austin, where Tesla planned to build the Cybertruck, will focus on the production of the Model 3 and Model Y. The development budget of the Tesla Cybertruck will be redirected to avoid price rises for these highly-demanded, key vehicles of Tesla.



Popular today


10 responses to “Tesla Cybertruck Production Canceled “In the Best Interest of Tesla””

  1. DID. BI DUMB.ALSO SCREW THIS ONE UP! WTF. HOW MUCH IS THE PRICE OF GAS?
    WITH SO MENY OF HIS POOR DECISIONS.
    MIAMIKID. DAM SON
    THE EVIL ONE
    I think the great one knows what to do and when. Thank you Great aone E M
    THE MAN!

  2. This better be a April fools joke because I’m gonna go crazy psycho ballistic postal if this is true.

Leave a Reply

Your email address will not be published.