Tesla builds first Cybertruck after two years of delays By Reuters
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<span>© Reuters. FILE PHOTO: Tesla’s Cybertruck is displayed at Manhattan’s Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon/File Photo</span><br />
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<p>(Reuters) – Tesla (NASDAQ:) built its first Cybertruck at the electric-vehicle marker’s plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. </p>
<p>Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the vehicle’s designer cracked the vehicle’s supposedly unbreakable “armor glass” windows. </p>
<p>The company has pushed back production timing since then and Musk had last year cited shortages in sourcing components as the reason for pushing the launch of Cybertruck into 2023.</p>
<p>In a May shareholder meeting, Musk said that Tesla would like to produce a quarter-million Cybertrucks a year, depending on demand.</p>
<p>The Cybertruck launch will give Tesla an EV entrant in one of the most profitable segments of the U.S. market and a competitor to electric pickups from the likes of Ford Motor(NYSE:.N) and Rivian Automotive (RIVN.O), both of which have launched models in still-limited numbers.</p>
<p>Reuters reported last year that Tesla aims to start mass production of Cybertruck at the end of 2023. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/tesla-builds-first-cybertruck-after-two-years-of-delays-3126368">Source link </a></p><p>The post <a href="https://forextraderhub.com/tesla-builds-first-cybertruck-after-two-years-of-delays-by-reuters.html">Tesla builds first Cybertruck after two years of delays By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>
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