The all-electric truck's launch will finally arrive four years after it was first announced.
Tesla confirmed it will make the first deliveries of the Cybertruck on Nov. 30.
Many investors were looking for any indication of the progress of production of the Cybertruck. It seems the automaker has stopped teasing fans and investors alike, as it explicitly stated in its earnings release for the third quarter it will begin the first deliveries of the Cybertruck in November.
The announcement was made atop a picture of the all-electric Semi with several Cybertruck units packed on the back.
Tesla will begin Cybertruck deliveries four years after the automaker initially unveiled the vehicle in 2019 in Los Angeles.
The automaker said in its Earnings Shareholder Deck the Cybertruck is in the “pilot production” phase and lists its annual capacity as greater than 125,000 units.
The truck will be built at Gigafactory Texas outside Austin. The news of the imminent launch follows many sightings of the Cybertruck outside of the company’s production plant.
For most of 2023, Tesla has teased fans with Cybertruck-related content. Everything from the pickup wrapped in various designs to it being test-driven in the desert has been used by Tesla to hype up the initial appearances of the all-electric Cybertruck for all of 2023.
Abby Andrews