The Cybertruck production has been delayed several times over the past few years, but it appears Tesla is on track to begin production in early 2023, as CEO Elon Musk said last year. But as manufacturing of the pickup nears, there is still one big thing missing: the Cybertruck’s price.
After being unveiled in late 2019, the Tesla Cybertruck was slated to begin production a year later, in late 2020. However, unforeseen circumstances, like the COVID-19 pandemic and subsequent supply chain disruptions, prevented Tesla from initiating the production of its first all-electric pickup truck.
After several years of delays, Tesla finally started progressing toward the start of Cybertruck manufacturing.
Tesla has continued moving forward with the Cybertruck project’s development for several months. Teslarati uncovered last year the automaker would build initial battery packs for the pickup in California. Tesla has continued to make progress at Giga Texas too, finishing the Cybertruck’s production line and building the vehicle’s 9,000-ton IDRA Giga Press.
More recently, Tesla’s Cybertruck battery line in the Fremont Factory took another step forward. According to filings, Tesla is preparing to install fire protection in the Cybertruck pack line portion of the California manufacturing plant.
-->Additionally, Tesla Chief Vehicle Designer Franz von Holzhausen confirmed yesterday that the Cybertruck’s design was finalized, and production was nearing.
Tesla Cybertruck is finalized and nearing production, chief designer says
Perhaps the biggest part of the Cybertruck is still unknown, however: the price.
Tesla initially planned for Single, Dual, and Tri-Motor configurations of the Cybertruck, which were priced at $39,990, $49,990, and $69,990. These prices are obviously not applicable to today, as supply chain constraints, inflation, and other factors will force Tesla to adjust. But it goes further than that.
Musk has stated the Cybertruck will start with the Quad-Motor configuration, which has yet to be priced. Additionally, the fate of the Single Motor, which was the least ordered trim level, and the Tri-Motor remains unknown.
-->Tesla’s prices have fluctuated dramatically since the Cybertruck’s unveiling in 2019. The automaker no longer has a $35,000 electric vehicle, and while it cut prices by as much as $13,000 this week on some models, prices are still not as low as they were in 2019.
We can likely expect Cybertruck prices to be slightly inflated compared to what they were in 2019, as long as Tesla plans to offer some of the configurations it did then.
Tesla has stated that volume production of the Cybertruck will likely not occur until the end of 2023. With an estimated 1.5 million pre-orders, Tesla will be hoping to ramp up Cybertruck production quickly, and it could be worth the wait.
I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.
-->
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla appears to be making a change to its exterior side repeater cameras, which are used for the company’s Full Self-Driving suite, and other features, like Sentry Mode.
The change appears to be a potential upgrade in preparation for the AI5 suite, which CEO Elon Musk said will be present on a handful of vehicles next year, but will not be widely implemented until 2027.
Currently, Tesla uses a Sony sensor lens with the model number IMX963, a 5-megapixel camera with better dynamic range and low-light performance over the past iteration in Hardware 3 vehicles. Cameras in HW3 cars were only 1.2 megapixels.
However, Tesla is looking to upgrade, it appears, as Tesla hacker greentheonly has spotted a new sensor model in its firmware code, with the model number IMX00N being explicitly mentioned:
Looks like Tesla is changing (upgrading?) cameras in (some?) new cars produced.
Where as HW4 to date used exterior cameras with IMX963, now they (might potentially) have something called IMX00N— green (@greentheonly) December 1, 2025
Sony has not announced any formal specifications for the IMX00N model, and although IMX963 has been used in AI4/HW4 vehicles, it only makes sense that Tesla would prepare to upgrade these external cameras once again in preparation for what it believes to be the second hardware iteration capable of fully autonomous self-driving.
Tesla has maintained that AI4/HW4 vehicles are capable of self-driving operation, but AI5 will likely help the company make significant strides, especially in terms of overall performance and data collection.
Tesla last updated its exterior cameras on its vehicles back in early 2023, as it transitioned to the 5-megapixel IMX963. It also added additional cameras to its vehicles in January with the new Model Y, which featured an additional lens on the front bumper to help with Full Self-Driving.
Tesla’s new self-driving computer (HW4): more cameras, radar, and more
Tesla sees sharp November rebound in China as Model Y demand surges
Tesla bear gets blunt with beliefs over company valuation
