Tesla Cybertruck will arrive in 2023, at the earliest

“Musk’s reputation for making splashy announcements may have raised expectations a bit high for Teslaphiles, who are likely a little disappointed with the company’s short product roadmap,” said Jessica Caldwell, chief executive. information executive at Edmunds.

“It seems a little unusual for Musk to choose a more pragmatic approach rather than an attention-grabbing approach, but Musk’s decision to focus on vehicles that Tesla already produces makes sense. Demand for existing products from Tesla remains high, and the microchip crisis and supply chain issues aren’t going away anytime soon,” Caldwell said.

Musk also canceled near-term development of a $25,000 electric car, which he suggested during a “Battery Day” presentation in 2020. Musk had said the inexpensive electric vehicle could be ready to go. by 2023. Musk is known for his optimistic timelines for future products, which are often delayed.

“We’re not currently working on a $25,000 car,” Musk said last week when asked about the earnings call. “At some point we will. But we have enough on our plate right now – too much on our plate, frankly.”

He also suggested that future robotaxis would be a better form of low-cost transportation.

Nonetheless, Tesla is continuing engineering and planning work on the Cybertruck, the Tesla Semi cargo truck, the long-delayed Roadster coupe and a Tesla robot called Optimus, Musk said.

“I think the biggest product development we’re doing this year is actually the Optimus humanoid robot,” Musk said. “This I think has the potential to be bigger than the automotive business over time.”

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