• 857 days Will The ECB Continue To Hike Rates?
  • 857 days Forbes: Aramco Remains Largest Company In The Middle East
  • 859 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,259 days Could Crypto Overtake Traditional Investment?
  • 1,264 days Americans Still Quitting Jobs At Record Pace
  • 1,266 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,269 days Is The Dollar Too Strong?
  • 1,269 days Big Tech Disappoints Investors on Earnings Calls
  • 1,270 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,272 days China Is Quietly Trying To Distance Itself From Russia
  • 1,272 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,276 days Crypto Investors Won Big In 2021
  • 1,276 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,277 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,279 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,280 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,283 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,284 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,284 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,286 days Are NFTs About To Take Over Gaming?
Intel Joins Russian Exodus as Chip Shortage Digs In

Intel Joins Russian Exodus as Chip Shortage Digs In

"Intel continues to join the…

Another Banner Year for Billionaires

Another Banner Year for Billionaires

Unsurprisingly, last year was very…

Russia Considers Nationalizing Foreign Businesses

Russia Considers Nationalizing Foreign Businesses

The Russian government is reportedly…

  1. Home
  2. News
  3. Breaking News

Tesla Reveals Its New Cybertruck

Tesla

Tesla has finally revealed its cybertruck—a vehicle that by all appearances hardly qualifies as a truck—and we’re here to tell you that it’s not for everybody.

Tesla is banking on the fact, however, that the stainless steel craziness that resembles more of a tank than a truck will appeal to someone, as it tries to tap into the most profitable segment of the automobile market in the United States—the truck and SUV market.

Thankfully for Elon Musk, there is a lot of brand loyalty, and no matter what the futuristic oddity of the truck looks like, it will no doubt find some enthusiastic buyers.

The truck supposedly is 9mm-bulletproof if you need that sort of thing, except, that is, for the “Tesla Armor” glass windshield, which unfortunately shattered at the unveiling when a small metal ball was thrown at it.

The starting price for the “entry level” cybertruck, towing capacity 7,500 pounds, will be $39,900--more than the $35,200 MSRP Ford F350, which has a towing capacity of 12,000 for its base model. At the higher end, Tesla is offering the Tri Motor version that prices in at $69,900 that has lots of bells and whistles including two rear electric motors and a towing capacity of 14,000 pounds.

The cybertruck can seat six, a feature upon which it will no doubt compete with the SUV market.

You can make your reservations now for your very own cybertruck if that’s your style, for just a $100 deposit. Deliveries are expected to begin in late 2021, which could be troubling for Tesla, with its electric truck-maker rivals, Rivian and Lordstown Motors, both expecting to have their first trucks available by the end of next year, according to Fox News, who didn’t miss the opportunity to point out that it was denied access to the unveiling. 

At the unveiling of the truck, Musk said that “trucks have been the same for a very long time, we wanted to try something different.” Mission accomplished, Mr. Musk.

By Julianne Geiger for Oilprice.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment