Blog Layout

“I think there’s no way to have sort of anticipated quite the inflation that we’ve seen.”

Oopsie

Elon Musk has a spot of bad news for his Tesla fanboys: Cybertrucks are going to end up costing more than the $40K price-point they were promised.

“I hate to sort of give a little bit of bad news,” Musk told the enthusiastic crowd at Tesla’s 2022 shareholder meeting this week after announcing that the long-awaited truck’s “specs and pricing will be different” from the $39,900 he promised three years ago.

Ch-ch-changes

Not only will the trucks cost more — and Musk didn’t specify the new price — but they might also take another year to ship, per the Tesla CEO.

“A lot has changed” since 2019, Musk said, referencing the year he first announced the Cybertruck and began taking $99 reservations for the  motorized trapezoids.

“I think there’s no way to have sort of anticipated quite the inflation that we’ve seen,” he continued. “But what I can say is that the Cybertruck will be one helluva product. It’s going to be like a damn fine machine.”

Musk added that Tesla is purportedly “installing the production equipment, the tooling and all starting in the next couple of months” on its reserved Cybertrucks. We’ll believe it when we see it — given that, thus far , everything we’ve seen and heard about the truck absolutely does not seem like it’s ready to roll.

More from the Tesla shareholders meeting:  Concerned Shareholders Heckled While Addressing Tesla Ethics

Share This Article

By Laurence November 21, 2022
Usually, the winners of a pitching competition are bathed with accolades, media attention, and applause. After it’s done and dusted, all they have to think about is what to spend
By Laurence November 19, 2022
Above all else, FTX advertisements wanted you to know two things: that cryptocurrency is a force for good, and that you don’t need to be an expert to buy and
By Laurence November 19, 2022
This article was originally published on .cult by Luis Minvielle. .cult is a Berlin-based community platform for developers. We write about all things career-related, make original documentaries, and share heaps
By Laurence November 18, 2022
Okay, that’s a good question. Red Crew, Blue Crew Had it not been for the heroics of three members of NASA’s specialized “Red Crew,” NASA’s absolutely massive — and incredibly
By Laurence November 18, 2022
Pharmaceutical manufacturing is closely linked to mass production. In order for medicines to be sold cheaply, they often have to be made in huge amounts. But what happens if you
By Laurence November 17, 2022
“I’m in checkmark purgatory.” Checkmate They say “don’t meet your heroes,” but what’s even worse? When your hero buys Twitter, forces you and others to start paying eight dollars per
More Posts
Share by: