News on October 11, analyst Ming-Chi Kuo, known for his highly accurate product forecasts, recently expressed his views on the prospects of Tesla’s electric pickup truck Cybertruck. He expects that the car will begin to be delivered at the end of the year, but the number of deliveries will be limited, about only 100 to 200 units. However, Guo Mingchi believes that the delivery volume of Tesla Cybertruck will increase significantly in the next two years. He estimates deliveries will reach 100,000 to 120,000 vehicles next year, and that number will surge to 240,000 to 260,000 vehicles by 2025.
Ming-Chi Kuo pointed out that Tesla Cybertruck’s innovative design may allow it to maintain a competitive advantage over the competition even into 2030
Mid last month Data shows that Tesla Cybertruck has accumulated more than 2 million reservations. According to Kuo's estimate, it will take several years to deliver a quarter of these orders by 2025 based on current delivery rates.
Tesla Cybertruck debuted on November 22, 2019 and is Tesla’s first electric pickup truck. Its unique appearance is completely different from traditional pickup trucks. It is available in three versions: single-motor rear drive, dual-motor all-wheel drive and three-motor all-wheel drive, with driving ranges of 250 miles (approximately 402 kilometers), 300 miles (approximately 482.8 kilometers) and 500 kilometers respectively. miles (approximately 804.7 kilometers) of endurance.
As Tesla’s first electric pickup truck, Cybertruck has attracted widespread attention after its release and attracted a large number of consumer reservations. After opening reservations in the first week alone, the number of orders reached 250,000.
However, despite the high expectations, Tesla’s Cybertruck did not go into mass production as originally planned. The original timetable was for mass production between the end of 2019 and the end of 2022, starting with a tri-motor all-wheel drive version, followed by other versions. But in the end, the plan didn't work out as expected.
The mass production of the Cybertruck has been delayed many times, but in July this year, the model began production at the Texas Gigafactory. It was reported that around 100 Cybertrucks had been produced before the end of August alone. In addition, Tesla announced plans to start deliveries within this year in its second-quarter financial report released on July 19.
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