Tesla to launch updated cybertruck next quarter


Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said over the weekend that an updated version of the upcoming Cybertruck will be unveiled in the next quarter.

The entrepreneur teased the reveal of the electric pickup in a tweet.

Musk said the present focus has to be on building the Gigafactory in Texas where the vehicle will be built.

In October last year, Musk had said that the Cybertruck was going to be “better than what we showed.”

The highly anticipated vehicle was first unveiled in November 2019 and was put up for sale on the Tesla website for $39,900 without added incentives.

In May last year, Musk went on a test drive of the Cybertruck with comedian Jay Leno and remarked that the vehicle was “pretty close” to the final version, but the proportions needed to be 5% smaller to fit in a standard garage.