Tesla CEO Musk Teases Two New Models, Admits Cybertruck Is ‘Hard to Make’

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  • At Tesla’s 2023 Annual Shareholders Assembly, CEO Elon Musk talked Cybertruck troubles, the state of “Full Self-Driving,” and, probably, promoting sooner or later.
  • Tesla is engaged on two new merchandise, and Musk stated he guesses that Tesla will construct greater than 5 million of them a yr as soon as they’re as much as full manufacturing.
  • It wasn’t all fanciful guarantees with followers. Musk stated he expects the following 12 months to be economically difficult.

“I simply wanna say I like you guys.”

Tesla CEO Elon Musk appeared on stage on the 2023 Annual Shareholders Assembly, shaping a coronary heart together with his fingers and sending it out to the cheering crowd on the automaker’s Austin, Texas, facility. The 2-hour occasion—full with a denial the corporate makes use of little one miners and large guarantees concerning the future—gave Musk an opportunity to replace his followers and the remainder of the world on the electrical car firm’s progress.

For one factor, Musk promised that the Cybertruck will, for actual, really begin deliveries later this yr. Beforehand, Musk promised that the primary Cybertruck deliveries would start in 2021, however this was pushed again to 2022 and, now, 2023. Tesla received’t ship the Cybertruck in quantity this yr, however it has scheduled an official first supply occasion for the third quarter. Musk admitted that the corporate has come up in opposition to issues producing the all-electric truck.

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“Extraordinarily Non-Trivial to Construct the Cybertruck”

“The Cybertruck is a tough automotive to make as a result of it’s such a radically new design you’ll be able to’t simply use typical strategies of producing,” he stated. “We needed to invent an entire new set of producing methods with a purpose to construct an exoskeleton-based automotive as a substitute of an endoskeleton-based automotive. It’s extraordinarily non-trivial to construct the Cybertruck.”

Musk has made related guarantees about when Tesla’s Full Self-Driving know-how—which the corporate makes clear isn’t totally self-driving, however it insists on conserving the title—shall be totally operational. Whereas Musk and Tesla have been saying “full autonomy” is coming quickly for greater than 5 years, all these missed deadlines did not cease Musk from as soon as once more promising that FSD know-how is correct across the nook.

cybertruck tesla

Musk on the preliminary unveiling of the Cybertruck.

FREDERIC J. BROWN|Getty Photographs

New-Product Guarantees

Speaking optimistically about Tesla’s future lineup, Musk promised “two new merchandise that I feel you may be very enthusiastic about.” Nonetheless, he didn’t specify what these are aside from to say that the design and manufacturing methods of these merchandise are “head and shoulders above anything within the trade.” Musk e stated, “We’re already constructing a brand new product,” and he expressed his guess that these two fashions will promote 5 million items a yr.

Advertisements for Tesla?

A two-way-adulation-slash-question-and-answer session led to some information objects, together with that Tesla may begin paying for promoting. For years, Tesla has paid folks to advertise its automobiles by a referral system, and Musk has pushed advertising-like messages on social media. Nonetheless, the corporate has not run any mainstream print or digital promoting.

“We’ll attempt a little bit promoting and see the way it goes,” he stated in Austin, agreeing with a fan who stated extra folks ought to find out about Tesla’s options and costs. Beginning to promote might additionally sign that the automaker is responding to difficult instances.

“Tesla isn’t proof against the worldwide financial atmosphere,” Musk stated. “I count on issues to be, simply at a macroeconomic stage, troublesome for a minimum of the following 12 months.”

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Contributing Editor

Sebastian Blanco has been writing about electrical automobiles, hybrids, and hydrogen automobiles since 2006. His articles and automotive evaluations have appeared within the New York Occasions, Automotive Information, Reuters, SAE, Autoblog, InsideEVs, Vehicles.com, Automotive Discuss, and different retailers. His first green-car media occasion was the launch of the Tesla Roadster, and since then he has been monitoring the shift away from gasoline-powered automobiles and discovering the brand new know-how’s significance not only for the auto trade, however for the world as an entire. Throw within the current shift to autonomous automobiles, and there are extra fascinating adjustments taking place now than most individuals can wrap their heads round. You’ll find him on Twitter or, on good days, behind the wheel of a brand new EV. 

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