On Tesla's Q3 earnings call, CEO Elon Musk warned of how hard Cybertruck production is going to be.
He didn't use the words 'Production Hell,' specifically. But when you hear Tesla CEO Elon Musk talk about the Cybertruck at today's Q3 2023 earnings call, you almost get the same vibes. Musk opened today's call by not only announcing the company's latest financial results – which saw its 16th consecutively profitable quarter dampened by price cuts and factory downtime – but also being circumspect about its new stainless-steel EV pickup truck.
'You will have problems proportionate to how many new things you're trying to solve at scale. So I just want to emphasize that, one, I think this is potentially our best product ever... it's going to require immense work to reach value production and be cash flow positive at a price that people can afford.' Few details remain known about the Cybertruck, including how much it will cost.
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