World of Wheels

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.

10 comments on “Tesla Cybertruck Production Canceled “In the Best Interest of Tesla”

  1. M L says:

    The article cited is a humor piece

  2. Someone says:

    Good try… but look at the date.

  3. Maybe says:

    April Fools

  4. Fanboy_slayer says:

    It’s over fanboys, cry about it…

    1. YoMama says:

      Aww… someone can’t afford one!
      Cry about it!!

  5. Foo fighter says:

    April foos.

  6. Rey Buzon says:

    I need that truck

  7. toe knee jerkmeoffagain says:

    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!

  8. Randy says:

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

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