Tesla guarantees Cybertruck manufacturing is on observe, teases next-gen platform

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Picture: Tesla

Tesla’s long-awaited Cybertruck “stays on observe to start manufacturing later this 12 months at Gigafactory Texas,” the electrical automobile firm promised Wednesday, in its newest quarterly monetary report. 

The reassurance comes after years of delays. Tesla first unveiled its electrical pickup truck in 2019, prompting greater than 250,000 individuals to pre-order the truck inside one week. As of November, more than 1.5 million prospects have reserved a Cybertruck, in response to Electrek. 

As shoppers look forward to the Cybertruck, extra mainstream automotive manufacturers are beginning to debut their very own electrical pickups. Again in April, Ford started rolling out the F-150 Lightning. Earlier this month, Ram unveiled the Ram 1500 Revolution, with the promise to start manufacturing in 2024. 

Tesla did start manufacturing final 12 months of electrical semi vehicles, however the firm hasn’t unveiled a brand new client automobile mannequin in years. 

In its This fall report on Wednesday, Tesla added: “Our subsequent era automobile platform is below improvement, with extra particulars to be shared at Investor Day (March 1 2023).”

Additionally: Which Tesla is best for you? The highest S, 3, X, and Y fashions in contrast

Tesla reported report revenues and internet revenue for the fourth quarter of 2022. For the whole 12 months, whole income grew 51% year-over-year to $81.5 billion, and internet revenue (GAAP) greater than doubled to $12.6 billion.

The corporate additionally on Wednesday defended its latest aggressive price cuts, acknowledging that promoting costs “have typically been on a downward trajectory for a few years.” 

It continued: “Bettering affordability is critical to develop into a multi-million automobile producer.”

Tesla is “accelerating our value discount roadmap and driving in direction of greater manufacturing charges,” it added.