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    Home > Top Stories > Exclusive: Tesla delays initial production of Cybertruck to early 2023 -source
    Top Stories

    Exclusive: Tesla delays initial production of Cybertruck to early 2023 -source

    Published by maria gbaf

    Posted on January 14, 2022

    2 min read

    Last updated: January 28, 2026

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    University spin-ins as a trend for business growth in 2022 - Global Banking & Finance Review
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    Quick Summary

    Tesla delays its Cybertruck production to early 2023, citing feature changes amid rising competition from Ford and Rivian.

    Tesla Postpones Cybertruck Production to Early 2023

    By Hyunjoo Jin

    SAN FRANCISCO (Reuters) – Tesla Inc aims to start initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023, pushing back its plan to begin production late this year, a person familiar with the matter told Reuters on Thursday.

    The person said the delay comes as Tesla is changing features and functions of the electric pickup to make a compelling product as competition heats up in the segment.

    Tesla is expected to make limited production of the Cybertruck in the first quarter of 2023 before increasing output, the source said.

    Tesla did not immediately respond to a request for comment.

    Tesla, the world’s top electric car maker, makes electric sedans and sport utility vehicles but has missed out on the pickup truck segment, which is profitable and hugely popular in America.

    Ford Motor Co and Rivian Automotive are ahead of Tesla in launching electric pickups.

    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.

    Ford’s market value breached $100 billion for the first time on Thursday when Tesla shares fell 6.7% and Rivian slumped 7.1%.

    CEO Elon Musk, who unveiled the futuristic vehicle in 2019, had already delayed its production from late 2021 to late 2022.

    Musk has said he will provide an updated product road map on Tesla’s Jan. 26 earnings call.

    “Oh man, this year has been such a supply chain nightmare & it’s not over!,” he tweeted in late November, when asked about the Cybertruck.

    Tesla recently removed a reference to its production schedule from its Cybertruck order website. Last month, the website said, “You will be able to complete your configuration as production nears in 2022.” Now “in 2022” has been omitted.

    Tesla plans to produce the Cybertruck at its factory in Texas, which is expected to start production of Model Y cars early this year.

    (Reporting by Hyunjoo Jin in San Francisco; Editing by Peter Henderson and Matthew Lewis)

    Key Takeaways

    • •Tesla delays Cybertruck production to early 2023.
    • •Changes in features and functions are being made.
    • •Competition from Ford and Rivian is increasing.
    • •Tesla's Texas factory will produce the Cybertruck.
    • •Elon Musk to update product roadmap in January.

    Frequently Asked Questions about Exclusive: Tesla delays initial production of Cybertruck to early 2023 -source

    1What is the main topic?

    The article discusses Tesla's delay in Cybertruck production to early 2023 due to changes in features and rising competition.

    2Why is Tesla delaying Cybertruck production?

    Tesla is adjusting the Cybertruck's features and functions to create a more compelling product as competition increases.

    3Who are Tesla's competitors in the electric pickup market?

    Ford and Rivian are ahead of Tesla in launching electric pickups, with Ford increasing production of its F-150 Lightning.

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