Tesla eyes producing 200,000 Cybertrucks annually – Elon Musk
Tesla (NASDAQ:TSLA) is targeting to produce 200,000 Cybertrucks per year, according to CEO Elon Musk, who reiterated that the vehicle’s production remains challenging.
“We’re aiming to make about 200,000 a year at point production… maybe a little more, but I can’t emphasize enough that manufacturing is much much harder than the initial design,” Musk said on the “Joe Rogan Experience” podcast, adding that manufacturing is “100-1,000 times harder than making a prototype.”
In its Q3 earnings report, Tesla (TSLA) said it has the capacity to make over 125,000 Cybertrucks per year. At the time, Musk said the production capacity could reach 250,000 units annually “some time in 2025.”
The first deliveries of the electric truck are expected on Nov. 30 at Tesla’s (TSLA) Gigafactory in Texas. The deliveries would come nearly four years after Musk unveiled the truck, claiming it was “bulletproof.”
But Tesla’s (TSLA) design chief Franz Von Holzhausen, while demonstrating the truck’s features to the audience, had smashed its armored windows with a metal ball, calling into question Musk’s claim.
Joe Rogan, for his part, tested the Cybertruck’s exoskeleton on Tuesday by shooting a titanium alloy arrow at the vehicle (not the windows). “Barely scratched it,” he concluded.
Musk’s comments on production challenges echo what he’d said during Tesla’s (TSLA) Q3 earnings call. “We dug our own grave with Cybertruck,” he’d said, dragging its stock 9.3% lower.