Sunday 24 November 2019

Cybertruck


Tesla has received almost 150,000 orders for its new pickup truck, boss Elon Musk has said, despite an embarrassing hiccup at its launch. Mr Musk was caught out on stage when the windows of the Cybertruck shattered during a demonstration supposed to show their durability. Tesla shares dived 6.1% after the event on Thursday and several bad reviews. With its distinct angular design, the electric truck was greeted with cheers but also bemusement. The demand had come despite "no advertising & no paid endorsement" for the truck, he said. No date has been given for the Cybertruck's release, but analysts said it would not be ready before the end of 2021 at the earliest. The pickup market represents a significant opportunity for Tesla as it improves its battery technology, meaning carrying heavier loads over long distances is now practical. Tesla's truck will be sold starting at $39,900 (£30,900), a model which has a range of 250 miles (402km), while the most expensive model, at $69,900, will have a range of 500 miles. The truck will seat up to six adults and haul a payload of 3,500lbs, Tesla said.