• 15 hours The EU Begins Backtracking On China Trade
  • 2 days Americans Are Sick Of Unfair Taxation
  • 4 days No Jab, No Job: The New Hardline Policy of U.S. Employers
  • 6 days What’s Included In Biden’s $6 Trillion Economic Plan?
  • 7 days The “Great Car Comeback” Brightens Oil Demand Outlook
  • 8 days The 3 Most Profitable Covid-19 Vaccine Stocks
  • 10 days Beijing Launches Digital Currency To Break AliPay-WeChat Duopoly
  • 11 days The New Economic World Order After Covid-19
  • 15 days 3 Signals To Watch For A Stock Market Correction
  • 17 days Netflix Earnings Red Alert: Subscriptions Could Underwhelm
  • 18 days Wall Street Banks Are Back
  • 18 days Elon Musk’s SpaceX Scores Big Win Over Jeff Bezos’ Blue Origin
  • 19 days Which Country Is The World’s Largest Investor In Batteries?
  • 20 days Are Bitcoin’s Environmental Risks Overblown?
  • 21 days Why The Gold Rush Ran Out Of Steam
  • 23 days Coinbase IPO Explodes, But Fails To Keep Its Momentum
  • 24 days China Slaps Alibaba With Record $2.75B Antitrust Fine
  • 25 days The Pandemic Has Culled The Middle Class
  • 26 days Legacy Automakers See Massive Spike In Sales
  • 27 days Tesla's Biggest Competitor Is Going Cobalt-Free
Oilprice.com

Oilprice.com

Writer, OilPrice.com

Information/Articles and Prices on a wide range of commodities: We have assembled a team of experienced writers to provide you with information on Crude Oil,…

Contact Author

  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