Tesla Inc. (NASDAQ: TSLA), the largest EV-maker, has never been great at sticking to schedules, so it’s no surprise that the company’s ambitious electric vehicle venture, the Cybertruck, is behind schedule. A mention to a 2022 manufacturing timetable was recently removed from the company’s website.
The Cybertruck was first revealed in 2019, with the company predicting that it would be ready to roll off the assembly lines in late 2021. Then, in August of that year, the start of full production was postponed until 2022. That deadline appears to have been waived as well.
The update was first noted by Edmunds. The page to place orders for Tesla’s Cybertruck site previously stated to buyers: “You will be able to complete your configuration as production nears in 2022.” Now, the statement has changed to: “You will be able to complete your configuration as production nears,” indicating that the reference to the production year was struck off from the site’s archives at the end of December 2021.
Reasons for the Delay
A delay could be caused by a variety of circumstances. External issues, such as the continuing pandemic and global chip shortage in the automotive industry (which has impacted all manufacturers), as well as Cybertruck-specific issues, are among them. The vehicle’s angular appearance is divisive, eliciting both admiration and derision, but it does present unique design issues, such as the need for a massive windshield wiper to cover the huge front window.
Moreover, Tesla’s other cars have had outstanding years, so starting production of the Cybertruck may be of lesser importance for the company. For instance, the Model 3 was the first electric vehicle to top monthly sales charts in Europe, and the business delivered almost 1 million cars in 2021, an amazing 87 percent increase over 2020 shipments.
Simultaneously, Tesla’s rivals are pushing into what might be a highly lucrative market for electric trucks. Ford has committed to increasing production of the F-150 Lightning, which will begin shipping in the first half of 2022; Rivian has finally begun distributing its first R1Ts to customers. On the other hand, manufacturers like Hummer and Chevy have planned their own electric trucks for release in late 2022 and 2023.