Elon Musk’s Tesla Cybertruck: 5 Quick Facts

1. Consumables and Size

As far as our records show, this marks the initial instance of a truck with a 1.8m bed, four doors, and the ability to fit perfectly within a 20ft garage. So it’s quite big from the outside, but it’s even bigger inside. So one of the elements of a good design is that it should look bigger on the inside than on the outside. And it’s not a small car,” Musk said on the company’s July conference call.

Despite the 2019 crash, Tesla’s Cybertruck uses an ultra-strong composite overlaid with glass and polymer to absorb and redirect impact forces, improving performance and damage tolerance.

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electric truck also has a “nearly impenetrable exoskeleton”; where “every component is designed for maximum strength and durability, from the stainless steel structural shell to the Tesla armored glass”; according to the Tesla website. The monochrome exoskeleton is also designed to prevent dents, damage, and long-term corrosion, Tesla says.

2. Speed ​​and range

According to Tesla, the Cybertruck’s low center of gravity provides the driver with “remarkable traction control and torque,” allowing the vehicle to accelerate from 0 to 60 mph in 2 seconds.9 seconds and a range of up to 500 miles.

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Truck is also rated to carry up to 3,500 pounds and has a towing capacity of more than 14,000 pounds in both “rugged-to-severe” versions, Tesla says,  including electric plates and wheeled tablets. Air.

3. Orders and Shipments

Wall Street will closely monitor Cybertruck’s orders and shipments.

“The request is this – you don’t even see it yet. So it’s not a problem. I would like to point out that there are many new technologies in the Cybertruck. he said in July when asked about the two in a phone call.

“Automobile deliveries provide direct insight into sales and production, and when a manufacturer struggles to meet expectations,  shareholders and industry take notice”; Brian Kuney told FOX Business. As vice president of manufacturing expansion and supply chain consultant for luxury automobiles such as BMW, Volvo, and Mercedes, he has also noted the company’s advances in traditional electric vehicles.

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Indicating a remarkable 83% surge in year-over-year deliveries, he pointed out that Tesla is substantially enhancing its production efforts.

In the second quarter of this year, the company delivered 440,808 vehicles, compared to 258,580 in the same quarter last year. At Tesla’s shareholder meeting in May this year, Musk said the company plans to produce around 250,000 cyber trucks annually, depending on demand.

4. Cost and Competition

When Musk first announced the Cybertruck in 2019, the company allowed potential buyers to pay $100 to reserve a future Cybertruck, which started at under $40,000 at the time. The initial declaration of the electric pickup also led to subsequent design modifications. According to automotive research firm Kelley Blue Book,  initial costs can start as low as $50,000.

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The Ford Lightning and Rivian are now Cybertruck’s main competitors, although Ford’s electric pickup has been hit by recalls, while Rivian’s overall performance and lower annual earnings pale in comparison to Tesla’s.

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5. Tesla Stock

Tesla shares are up 93% this year, well above the  15% gain in the S&P 500. Wedbush’s Daniel Ives said he remains bullish on Tesla remain while ARK of Cathie Wood Invest Affiliated Funds sold $14 million worth of Tesla stock in July.

According to trading information, the ARK Innovation ETF sold 38,329 shares of Tesla, while the ARK Next Generation Internet ETF sold another 6,855 shares of the electric car maker.

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