Musk says Foundation Series ends soon and non-FS starts next quarter. Production goal of 2500 units/week by end of year

[Administrator]

Elon Musk says during today's annual shareholder meeting (see video below) that Foundation Series production ends soon and that non-Foundation Series Cybertruck production / deliveries will start next quarter (Q3 2024):






And statement from Tesla:

Made the impossible possible with Cybertruck.
Our goal is to ramp production to 2500 units/week by end of year

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[Gurule92]

Maybe 2500 / week is the threshold for non FS LOL

 

[Mini2nut]

2500 x 50 weeks (2-week shutdown) =

125,000 CT's annually.

 

[Jager]

And they've already hit 1300/week (at least once). So 2500/week over the next half-year isn't a stretch at all. Frankly, given the present numbers, I'd expect them to exceed that 2500 bogey, probably by a fair bit.

Non-FS models are imminent. Largely because of that successful-to-date production ramp. There are not enough buyers, at FS pricing, to absorb the production currently coming off the line. As production continues to ramp, Tesla simply has to attract more buyers. That means moving down the price curve.

The universe of potential buyers for $100K+ vehicles was always limited.

 

[Mini2nut]

Agreed.

Non-FS Cybertruck's might start production in Q3 or Q4 the way things look.

I predicted FS trucks will be produced through December but I don't think Tesla will have enough buyers at the $100k/$120k MSRP level to support production, especially if they hit the 2500 week target.

10,000 CT's rolling out of the TX assembly plant every month is significant.

CT's will be everywhere soon!!!

 

[A-AY-RON]

Non-FS next quarter?

 

[getsometom]

Per Elon, Tesla will be ending the Foundation Series soon and start non-Foundation Series next quarter from today's shareholder meeting.

However it's still Elon time so we shall see.

Annual shareholder meeting feed:

 

[CyberTW]

I wonder if it will get to my RN now? 1173xxx — that sounded like they were about done and moving on next quarter

 

[ThaDon]

Non-FS next quarter?

Did they mention this on the call or is this speculation?

 

[SolarWizard]

Perfect timing on this announcement ive got 3 emails sitting in my box waiting for action steps

 

[A-AY-RON]

Did they mention this on the call or is this speculation?

He was just asked and he stated FS ending soon, and non-FS next quarter. I’m watching it while ADHD’ing other things so I don’t have exact quote.

 

[getsometom]

Elon Musk says during today's annual shareholder meeting (see video below) that Foundation Series production ends soon and that non-Foundation Series Cybertruck production / deliveries will start next quarter (Q3 2024):






And statement from Tesla:

Made the impossible possible with Cybertruck.
Our goal is to ramp production to 2500 units/week by end of year

Props to the admin being active and merging multiple similar threads.

 

[CYBER CHESKO]

Perfect timing on this announcement ive got 3 emails sitting in my box waiting for action steps

3 emails?

 

[SolarWizard]

There’s only 2 people on this forum that i know have ordered more than I did. I know some others that aren’t on here with more but being a Montana purchase has surely pushed me back which im completely fine with

 

[RoboTaxi]

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