Tesla CEO Elon Musk confirmed on Wednesday that the automaker plans to launch its highly anticipated Cybertruck in mid-2023.
“We still expect the Cybertruck to be in production by the middle of next year,” Musk said during Tesla’s second quarter financial report. “We are very excited about that product. It may be our best product ever.”
While prototypes have been spotted on public roads since 2019, details about the highly anticipated Cybertruck are scarce and production has been repeatedly delayed.
During the earnings call with analysts, Musk said the battery-electric truck will benefit from Tesla’s lessons on increasing efficiency during the manufacturing process.
“We’ll bring another level of simplicity and production improvements with Cybertruck and future products that we’re not quite ready for right now,” Musk said, “but which I think will be very exciting to unveil in the future.”
Musk said the company has focused on designing the Cybertruck platform and getting it ready for production. It plans to make the truck in its $1.1 billion Gigafactory Austin. The facility, which also serves as Tesla’s headquarters, opened in April to make the Model Y compact crossover, the country’s best-selling electric vehicle, according to Experian.
Texas is the largest market for pickup trucks in the United States.