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Tesla has delayed the initial production of its heavily hyped Cybertruck to early next year, according to sources with Reuters.
The news may not come as a surprise, as it was just last week that reports of Tesla removing the Cybertruck’s previous production date of 2022 began coming out, but Reuters has clarified that the delay has less to do with component shortages and more to do with improvements. Tesla requires the additional time to change features so the Cybertruck is more attractive amid upcoming competition, Reuters’ source claims.
“Ford said early this month it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles ahead of its arrival this spring at U.S. dealers,” the publication noted, adding that the manufacturer’s market value breached $100 million while shares for Tesla and Rivian, another...
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