Tesla Begins Deliveries of Cybertruck on November 30
Tesla will start delivering the highly anticipated Cybertruck to select customers on November 30. The luxury EV SUV will be produced in Tesla’s Texas Gigafactory starting next year. The vehicle’s electrical architecture is being redesigned to accommodate an 800-volt standard for faster charging. Elon Musk acknowledged the challenges of scaling up production for the Cybertruck but expressed his excitement for the product. Tesla has seen a sequential decline in production and deliveries this quarter and has lowered vehicle prices multiple times. The company is investing in AI development and is now allowing Hertz rentals access to the Tesla App.