Tesla Inc. eventually delivered its first Cybertrucks, which were reminiscent of Blade Runner, to consumers after decades of research delays and production difficulties.
On the 30th of November, Chief Executive Officer Elon Musk gave a few pickup trucks to owners, one of whom was Alexis Ohanian, who was also a co-founder of Reddit. In a long-awaited update on pricing and features, the manufacturer said that they have estimated that the base model will cost US$60,990. This is an increase of more than fifty percent compared to the option that was considered the least expensive four years ago. Until the year 2025, it will not be accessible.
Tesla is currently accepting bookings for that vehicle as well as two variants that it will deliver next year. The expected prices for these configurations are $79,990 and $99,990. When compared to the more than 500 miles that the firm boasted about four years ago, the version that offers the greatest battery range will only be able to travel approximately 340 miles on a single charge.
Read also: Elon Musk unveils Blade Runner-inspired Cybertruck
Preparation for Tesla’s new launch
Just prior to the beginning of normal trading on December 1, Tesla shares experienced a decline of up to 2.1%. Over the course of the previous month, the stock experienced a nearly 20% increase in anticipation of the event, which was broadcast live on X, the social media site that Musk owns and which was once known as Twitter.
The Cybertruck is Tesla’s product that represents the company’s entry into the lucrative and highly competitive pickup market in the United States. This move has been welcomed with a mixture of excitement, criticism, and mistrust within the industry. During the previous week, an analyst proposed that the automobile manufacturer should completely abandon the truck, citing that it would be detrimental to the company’s profits and divert resources. For his part, Musk has expressed his disappointment that the production of the pickup will be “insanely difficult.”
Elon Musk bragged, “It’s basically an incredibly useful truck. It’s not just some grandstanding showpiece, like me.”
CEO shares more benefits
In contrast to his emphasis on manufacturing issues during Tesla’s most recent earnings conference, the CEO of Tesla mostly concentrated on the benefits of the Cybertruck during the delivery event. He did mention that the pickup’s angular appearance is partially due to the fact that its stainless-steel body panels cannot be stamped because stamping machinery would be damaged if they were stamped.
Tesla began accepting deposits for the Cybertruck in 2019, and the company advertised a starting price of US$39,900 for a single-motor version of the vehicle. Additionally, the company advertised a range of more than 500 miles for a tri-motor configuration. In an attempt to demonstrate the pickup’s translucent metal glass, the design leader, Franz von Holzhausen, accidentally shattered a window with a metal ball during the demonstration demonstration.
Von Holzhausen attempted to throw a baseball at the front passenger-side glass of the Cybertruck, but the vehicle was able to withstand the attempted attack.
“We could probably have a pro pitcher lob it at it,” Musk said. “The glass is tough, basically, is what we’re saying.”
Tesla asserted that the Cybertruck will be capable of reaching 60 miles per hour in as low as 2.6 seconds. The company also showed a video of the pickup truck covering a quarter mile faster than a Porsche 911, while simultaneously towing one of the sports cars on a trailer along with it.