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Tesla Cybertruck: Long on hype and short on specifications

August 30, 2023
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“When we are ready to do so, we will,” Musk wrote on X. “While I think it is our best product ever, it is an extremely difficult product to build. We are in uncharted territory, because it is not like anything else.”

The impatience setting in among some Tesla devotees is understandable, considering the company has gone backwards in letting would-be customers know what to expect. When Musk first showed the Cybertruck almost four years ago, he said it would come in three configurations and start at $39,900. In October 2021, Tesla removed pricing and specs from its website.

Anyone putting down a fully refundable $100 deposit now does so without knowing whether Tesla still expects to hit the price points, battery range or towing capacity promised years ago. The company merely says on its website that depositors will be able to complete their configuration “as production nears.”

When an investor asked in April for updated specs and pricing, Musk demurred, saying he’d save those details for a Cybertruck handover event he hoped to stage around the end of the third quarter. While the company has yet to set a date for that event, it’s told owners they could get an invite through a recently revived referral program.

Tesla did offer a couple kernels of information in its latest earnings release, saying Cybertruck will be less than 19 feet (5.8 meters) long with a more than 6-foot bed. But the quarterly update also contained a nugget that should give pause to those foreseeing a smooth launch. The Semi truck — Tesla’s newest product, first delivered to PepsiCo Inc. late last year — was still only in pilot production at the end of June.

If that didn’t do enough to temper expectations as to just how quickly Tesla will ramp up Cybertruck output, an email Musk sent out company-wide last week went a step further. In the memo obtained by CNBC, the CEO sounded unhappy about the level of precision with which components were being built.

“Due to the nature of Cybertruck, which is made of bright metal with mostly straight edges, any dimensional variation shows up like a sore thumb,” Musk wrote. He said all parts, both internal and from suppliers, needed to be designed and built to sub-10 microns accuracy — less than the diameter of human hair.

The email is classic Musk, a self-described nano-manager. It also suggests an unlikelihood that volume production is just around the corner.

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