Current:Home > ScamsAfter a 2-year delay, deliveries of Tesla's Cybertruck are scheduled to start Thursday -Elevate Money Guide
After a 2-year delay, deliveries of Tesla's Cybertruck are scheduled to start Thursday
View
Date:2025-04-16 06:52:09
Tesla plans to begin deliveries of its Cybertruck on Thursday, marking the electric automaker's long-awaited entry into the pickup market.
It's been four years since CEO Elon Musk first revealed the Cybertruck's polarizing, polygonal design and two years since Tesla failed to meet its initial delivery target.
Now, the company says a handful of buyers will get to drive away with the first few trucks at an event in Austin, Texas, set for 3 p.m. ET.
Hundreds of thousands of people have placed $100 refundable deposits on the pickups, the company says, but it's anyone's guess how many of those deposits will translate into real sales — or how many trucks Tesla has actually produced.
During an October earnings call, Musk said he wanted to "temper expectations" for how quickly production could ramp up and acknowledged that it could be 18 months before the Cybertruck contributes any significant cash flow.
Tesla originally placed the starting price for the vehicle at $39,900. But that was before it had fully worked out the logistics of mass-manufacturing the Cybertruck's challenging design.
The body is full of sharp lines and straight edges, a wedge-like look that one designer likened to "origami." Its windows, originally described as "armor glass," proved breakable during an embarrassing on-stage test.
And the truck's exterior is made of a stainless steel alloy, the same material that Musk's engineers used for SpaceX's Starship rocket.
That unusual material choice, paired with the aggressively angular design, has caused countless production woes. Every minor inconsistency shows up glaringly; without precise manufacturing instruments, the finished product comes out looking wobbly, Fast Company reported.
The truck has also been plagued by "serious powertrain, braking, suspension, structural, and sealing issues" plus months of pandemic-related supply chain slowdowns, according to Motor Trend. Cybertruck deliveries were slated to start in 2021, which would've made Tesla a pioneer in the electric pickup market.
Instead, the company's competitors charged ahead. Rivian started sales of the R1T in 2021. Ford began selling the F-150 Lightning in 2022. And GM began selling an electric version of its Silverado in limited numbers earlier this year.
These other electric pickups are seeing mixed success in the market. Rivian, for example, says its sales are doing better than expected. But sales of Ford's F150 lightning fell 46% in the third quarter.
Interest in electric pickups continues to rise, but with a high price tag and concerns over the availability of charging stations, many consumers say they're waiting to buy.
And when it comes to trucks, they may be more likely to buy from brands they already drive. A survey from Cox Automotive found that the Cybertruck ranked lowest in shopper consideration of electric pickups — and interest in the Cybertruck dropped slightly when the brand was revealed to shoppers.
Tesla is still broadcasting confidence that its truck can compete, with Musk saying the pickup is "radical," "special" and "an amazing product."
The Cybertruck has six seats and a cargo bed (or "vault," as Tesla calls it) that's 6 1/2 feet long. Its tailgate also hides a ramp for rolling materials or vehicles into the bed.
Tesla lists its maximum range at more than 500 miles, but the truck will be offered in a wide spectrum of driving range and weight capacity, depending on which motor is powering the vehicle.
While the basic single-motor truck would have a range of around 250 miles and a tow rating of 7,500 pounds using rear-wheel drive, the three-motor all-wheel-drive version would double that range and be capable of towing 14,000 pounds, Tesla says.
Still, Tesla may have a long road ahead when it comes to proving that the Cybertruck is as rugged as the rest of the pack. The one-piece body may restrict the installation of specialized toolboxes, ladder racks or platforms that some business fleet owners rely on.
Some aspects of the Cybertruck design remain a mystery altogether.
Tesla has yet to announce, for example, whether the model will have power outlets for using tools or whether it could mimic the survival promise of its rival, the Ford F-150 Lightning, in serving as a backup generator for homes.
And tech writers at the Verge have been collectively puzzled by a jumbo-sized windshield wiper that may or may not actually clear the glass.
NPR's Fernando Alfonso III and Bill Chappell contributed reporting.
veryGood! (54)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Simone Biles becomes the most decorated gymnast in history
- Some GOP candidates propose acts of war against Mexico to stop fentanyl. Experts say that won’t work
- A former Goldman Sachs banker convicted in looting 1MDB fund back in Malaysia to help recover assets
- Retirement planning: 3 crucial moves everyone should make before 2025
- Trump discussed nuclear submarines with Australian billionaire Anthony Pratt, three sources say
- She survived being shot at point-blank range. Who wanted Nicki Lenway dead?
- Terence Davies, celebrated British director of 'Distant Voices, Still Lives,' dies at 77
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- ‘Priscilla’ movie doesn’t shy away from Elvis age gap: She was 'a child playing dress-up’
Ranking
- The company planning a successor to Concorde makes its first supersonic test
- Two wounded in shooting on Bowie State University campus in Maryland
- Timeline of surprise rocket attack by Hamas on Israel
- Terence Davies, celebrated British director of 'Distant Voices, Still Lives,' dies at 77
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Latin group RBD returns after 15-year hiatus with a message: Pop is not dead
- WNBA star Candace Parker 'nervous' to reintroduce herself in new documentary: 'It's scary'
- Taylor Swift Skips Travis Kelce’s Game as NFL Star Shakes Off Injury
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
What went wrong? Questions emerge over Israel’s intelligence prowess after Hamas attack
6 Ecuadorian suspects in presidential candidate's assassination killed in prison, officials say
‘The Exorcist: Believer’ takes possession of box office with $27.2 million opening
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Israeli hostage crisis in Hamas-ruled Gaza becomes a political trap for Netanyahu
49ers vs. Cowboys Sunday Night Football highlights: San Francisco steamrolls Dallas
Stock market today: Asian markets are mixed, oil prices jump and Israel moves to prop up the shekel