Elon reveals Cybertruck details / production expectations on Q3 2023 call

[ModelAZ]

Quotes from Elon Musk:

"So I just want to emphasize that what I think is potentially best product ever.

"There will be enormous challenges in reaching volumes production and cash flow positive at a price that people can afford. This is simply normal; This is our best product ever, but it'd going to require immense work to get cash flow positive at a price that people can afford." This is normal - lots of new technology."

"Cybertruck will take 12-18 months before it is a significant positive cash flow contributor."

"Over a million reservations."

Q: How many Cybertruck deliveries do you anticipate for 2024?
A: The ramp is going to be extremely difficult. There's no way around that; If you want to do something innovative, it is extremely difficult because there is nothing to copy. I think we'll end up with 250k Cybertrucks per year. I don't think we'll reach that next year, but maybe in 2025.

There's 14 inches of travel on the Cybertruck suspension.

Cybertruck's pilot production line has a higher installed annual capacity than the Ford Lightning's line.

Cybertruck has lots of bells and whistles. ?

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[ModelAZ]

Will update with more if he says more in the ongoing earnings call...

 

[Gurule92]

or you could follow the livestream earnings call thread

 

[EDoggN]

Elon sure is preparing the masses that the Cyber truck is going to be expensive

 

[ModelAZ]

or you could follow the livestream earnings call thread

Just summarizing for those who miss it and don't have the time to listen to the whole call or browse through the thread. ?

 

[ModelAZ]

Elon: 14" of travel on the Cybertruck's suspension

 

[ModelAZ]

Elon: Cybertruck's pilot production line has a higher installed annual capacity than the Ford Lightning's line.

 

[ModelAZ]

Elon: Cybertruck has lots of bells and whistles. ?

 

[ModelAZ]

Elon: We dug our grave with the Cybertruck. It's one of those special products that comes along only once in a long while. The high volume low-cost smaller next gen vehicle is actually much more conventional. The manufacturing approach is revolutionary and I think it'll be quite a fast ramp.

 

[CyberJustice]

If they go in order for the reservation numbers then I should be one of the first 10,000. If they’re producing 125K trucks per year then it would take 10 years to fill the current list lol.

 

[Crissa]

If they go in order for the reservation numbers then I should be one of the first 10,000. If they’re producing 125K trucks per year then it would take 10 years to fill the current list lol.

He implied 5k/week run rate in 2025.

If they still have a million reservations at that point, they'll keep ramping.

-Crissa

 

[happy intruder]

wonder if all those "bells and whistles" are all consumable items prone to breaking.....I agree it looks like he is setting us up for a bigger starting price than we have calculated......it might be mid 80's before options and 350 mile range......I dont care about bells and whistles.....a lot of that stuff we can get 3rd party....what we cant get.....RANGE.....A range of 350 for me is a show stopper

 

[charliemagpie]

He implied 5k/week run rate in 2025.

If they still have a million reservations at that point, they'll keep ramping.

-Crissa

I think they will.

Thankfully, Elon has slowed down his habit of setting public high expectations only to fall short. At least this way, any increase is good news.

'Managing Customer Expectations', he must have just read the book lol

 

[CYBRSMTH]

Elon sure is preparing the masses that the Cyber truck is going to be expensive

I’ve been telling everyone this for months. Listen to Elon. It’s going to be a rough go at first. They’re counting on early adopters to pay for the privilege of driving the CT.

 

[Gurule92]

Elon sure is preparing the masses that the Cyber truck is going to be expensive

Sounded to me like he was preparing investors to expect losses on CT sales for a while. Which could imply affordability

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