Despite various delays, the Tesla Cybertruck is on track to arrive in mid-2023, according to CEO Elon Musk.
“We’re hoping to start delivery in the middle of next year,” Musk said in Tesla’s second-quarter 2022 financial results webcast, according to Autoweek. However, Musk did not elaborate further, and instead focused on plans to make advanced technologies available right out of the gates instead of opting to withhold certain features for a new-product rollout.
This includes the Tesla 4680 structural pack, which integrates both the Cybertruck’s batteries and the vehicle’s structure. Tesla expects this battery pack setup to last for the lifespan of the vehicle, after which it will be recycled. The concept of combining battery packs with vehicle structure is also found in GM’s BEV3 and BT1 platforms, which integrate Ultium batteries.
The Tesla Cybertruck was first unveiled in 2019 and was initially set to enter production in late 2021 before Musk delayed the vehicle to late 2022, then early 2023, and now mid-2023. The polygonal-shaped battery electric pickup debuted with a tri-motor powertrain, enabling it to accelerate from zero to 60 mph in 2.9 seconds, says Tesla. Its large battery pack is capable of an estimated 500 miles of range.
The Tesla Cybertruck is poised to compete head-to-head with GM’s EV pickups: the Chevy Silverado EV, GMC Sierra EV, and GMC Hummer EV Pickup. Currently, Tesla holds the most market share when it comes to EVs, but a recent study suggests that both GM and Ford will command a larger market share than Musk’s company. Experts expect the full-size pickups offered by both Ford and GM to bolster their respective shares, carving down Tesla’s 70 percent market share.
If the delays continue, it’s possible the 2024 Chevy Silverado EV will beat the Cybertruck to market. Chevrolet is on track to begin producing the Work Truck (WT) variant in the spring of 2023, and given Tesla’s previous production setbacks and delays, it seems likely the Silverado EV will arrive to market first.