Yesterday, at Tesla’s annual shareholder meeting, Tesla released a bit more information about the Cybertruck production ramp:
Elon Musk said Tesla recently produced a peak of 1,300 Cybertrucks in a week
Elon Musk said Tesla would move away from production Foundation Series Cybertrucks in Q3
Tesla said it aims to be at 2,500 Cybertrucks per week by the end of the year
This would currently put Tesla at a capacity of 65,000 Cybertrucks per year and looking to exist the year with an annual capacity of 125,000 units.
Tesla has previously stated that it aims to have a full capacity of 250,000 Cybertrucks, but it plans to achieve that next year.
Moving away from the Foundation Series would presumably mean that Tesla is going to stop bundling all options together for the Dual Motor and Cyberbeast. The automaker might also release new trims – though those weren’t expected until next year.
Electrek’s Take
The Foundation Series bundles push the Cybertruck price to $100,000. Despite the hype around the Cybertruck, there’s a limited market for trucks at over $100,000.
Moving away from the Foundation Series bundles should reduce the price a bit as the dual motor is actually supposed to start at $80,000.
It will also give us more clarity into the option pricing.
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