The Tesla Cybertruck has been delayed, again: production in 2024 and will have HW 4.0

On the occasion of the conference dedicated to the financial data of the last quarter of 2022, Tesla also shared some new information on the production start date and availability of its Cybertruck.

It is the first electric pickup from Elon Musk’s automaker, as well as one of the most advanced and courageous vehicles in its history. The design is different from that of any other vehicle on the market, even if we don’t yet know exactly what the production model will be like (some small changes are expected compared to the prototypes seen in recent years).

The news is only half good. Here we are: by the end of 2024 Tesla will start production of the Cybertruck. We are talking about this summer. The bad news is that in reality, actual mass production will only begin during the first quarter of 2024. This is clearly yet another delay, masked by the news that the first models will leave the Texan Gigafactory as early as next summer. Elon Musk himself reiterated that the start of production will take a long time and that initially the production capacity will be limited to a few models per day.

The company also announced that the Tesla Cybertruck will come equipped with HW 4.0, a new version of the chip that also powers the Autopilot FSD semi-autonomous driving system.

Tesla ended the fourth quarter of 2022 with revenues of $24.32 billion, up 37% year-over-year, and net income of $3.687 billion. In 2022, it delivered more than 1.3 million vehicles, up 40% from 2021. The company said 2022 was a record year for Tesla, but 2023 remains uncertain due to the unfavorable economic climate and employee layoffs. However, Tesla expects to deliver at least 1.8 million vehicles in 2023, continuing its rapid and strong growth.