Current:Home > StocksTesla delivers 13 stainless steel Cybertruck pickups as it tries to work out production problems -FutureFinance
Tesla delivers 13 stainless steel Cybertruck pickups as it tries to work out production problems
Charles Langston View
Date:2025-04-10 16:46:56
DETROIT (AP) — With manufacturing kinks still to be worked out, Tesla delivered the first dozen or so of its futuristic Cybertruck pickups to customers Thursday, two years behind the original schedule amid uncertainty over when large-scale production will begin.
CEO Elon Musk showed off the angular electric trucks with an event at the company’s factory outside of Austin, Texas, that was broadcast on X, the social media platform formerly known as Twitter that he bought last year.
The ceremony started with Musk driving the truck on a stage in darkness and hopping into the bed to talk about it.
“It’s the most unique thing on the road,” he said. “Finally the future will look like the future.”
The truck is aimed at the most profitable part of the U.S. auto market that’s now controlled mainly by Ford, General Motors and Ram truck maker Stellantis. But since Musk unveiled it four years ago, all three Detroit automakers have shown electric trucks of their own. Ford and GM and upstart Rivian already have trucks on sale, and the electric Ram is due out early next year.
Ford’s F-Series pickups are the top-selling vehicles in the nation, followed by GM’s Chevrolet Silverado and Stellantis Ram pickup. Combined, the Detroit automakers sold nearly 1.7 million big pickups through October at prices that can reach more than $100,000 per vehicle.
Musk said the Cybertruck’s body is made of a stainless steel alloy developed by Tesla. The body panels had to be angular because they can’t be stamped by a conventional press, he said. Stainless steel, he said, has no corrosion and doesn’t need paint, but can still be mass produced.
The truck, he said, has 17 inches (43 centimeters) of ground clearance to drive off the road, and it can go from zero to 60 mph (97 kilometers per hour) in 2.6 seconds. It has four-wheel steering, with steering effort that changes based on the truck’s speed. It can carry more than one ton in its bed and tow over 11,000 pounds (5,000 kilograms), Musk told the crowd.
Musk showed videos of the truck beating a Porsche 911 in the quarter mile, while the Cybertruck was towing another Porsche on a trailer. Another video showed it out-towing a Ford Super Duty pickup.
When Musk unveiled the truck four years ago, he said production would start in 2021.
But on the company’s earnings conference call in October, Musk lamented how hard it as been to produce the innovative truck with a body made of hard-to-bend stainless steel.
“We dug our own grave with Cybertruck,” said Musk, who added that he didn’t think the company would reach its production target of 250,000 per year until 2025.
On the call, he told investors he wanted to temper expectations for the new trucks, citing “enormous challenges” to mass producing them. It also will be hard to generate cash flow while selling the trucks at a price people can afford, Musk said. He estimated it would take 18 months to a year before the truck produced significant positive cash flow.
No price information was given on Thursday.
“We have over 1 million people who have reserved the car, so it’s not a demand issue,” he said. “But we have to make it and we need to make it at a price people can afford. Insanely difficult things.”
Tesla, Musk said, could easily have produced trucks similar to those already on the market, but he wanted to make something innovative and special.
“Special products that come along once in a long while are just incredibly difficult to bring to market to reach volume, to be prosperous,” he said.
He expects an upcoming lower-cost Tesla car to be more conventional and thus much easier to build.
When the truck was unveiled in 2019, Tesla said the base version would start at $39,900, with a tri-motor, long-range model costing $69,900. The truck was to have a range of 250 to 500 miles (400 to 800 kilometers) per electric charge.
veryGood! (56)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Waymo’s robotaxi service expands into Los Angeles, starting free rides in parts of the city
- Oklahoma teen Nex Benedict’s cause of death revealed in autopsy report
- Biden is coming out in opposition to plans to sell US Steel to a Japanese company
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Michael Strahan Surprises Daughter Isabella With Visit From Her Favorite Celebrity Amid Cancer Battle
- Michigan shooter's father James Crumbley declines to testify at involuntary manslaughter trial
- U.S. Immigration and Customs Enforcement agents roll out body cameras to agents in five cities
- Nevada attorney general revives 2020 fake electors case
- Last suspect sought in deadly bus shooting in Philadelphia, police say
Ranking
- A South Texas lawmaker’s 15
- Kate Middleton Photographer Shares Details Behind Car Outing With Prince William
- Powerball winning numbers for March 13, 2024 drawing: Jackpot up to $600 million
- Man convicted in Southern California slayings of his 4 children and their grandmother in 2021
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Dollar General employees at Wisconsin store make statement by walking out: 'We quit!'
- Atletico beats Inter on penalties to reach Champions League quarterfinals. Oblak makes two saves
- Majority of U.S. adults are against college athletes joining unions, according to AP-NORC survey
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
500 pounds of pure snake: Massive python nest snagged in Southwest Florida
Police say suspect in a Hawaii acid attack on a woman plotted with an inmate to carry out 2nd attack
Review: Full of biceps and bullets, 'Love Lies Bleeding' will be your sexy noir obsession
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
DeSantis orders Florida resources to stop any increase in Haitian migrants fleeing violence
Russian military plane with 15 people on board crashes after engine catches fire during takeoff
Author Mitch Albom, 9 other Americans rescued from Haiti: 'We were lucky to get out'