Connect with us

Hi, what are you looking for?

Hitthestock.comHitthestock.com

Tech News

Tesla missed its Q3 target for the Cybertruck delivery event

Tesla CEO Elon Musk onstage with the Cybertruck.
Tesla CEO Elon Musk alongside the Cybertruck at its 2019 launch event. | Photo by FREDERIC J. BROWN / AFP via Getty Images

Tesla didn’t end up holding a delivery event for its Cybertruck in the third quarter of 2023 as CEO Elon Musk had hoped. “We’re anticipating having [a] delivery event, a great delivery event probably in Q3,” Musk said in the company’s April earnings call. “The Cybertruck handover… will hopefully be around the end of Q3 this year,” he added later in the call.

Although Musk’s comments read more as a target than an explicit promise, this is just the latest delay in its introduction of the Cybertruck, which was originally due to start rolling off the assembly line in 2021 when it was announced in 2019. Since then, hundreds of thousands of people have paid a roughly $100 refundable deposit to reserve the vehicle. The Wall Street Journal notes…

Continue reading…

You May Also Like

Tech News

Photo by Emma Roth / The Verge Despite doubts that the Raspberry Pi 5 would launch this year, the latest version of the microcomputer...

Tech News

Illustration: The Verge Elon Musk wants X to be the center of your financial world, handling anything in your life that deals with money....

Politics

FIRST ON FOX: GOP Sens. Roger Wicker, R-Miss., Marco Rubio, R-Fla., and Jim Risch, R-Idaho, are expected to send a letter urging the Biden...

Politics

Perhaps it was better without a Speaker. With no Speaker, the House floor was closed. TRUMP AS HOUSE SPEAKER WOULD BE THE ‘DUCK-BILLED PLATYPUS’...