Tag Archives: Cybertruck

Construction of Tesla’s Gigafactory for Cybertruck Underway

Construction of Tesla Cybertruck factory underway.

Tesla has chosen Austin, Texas as its next U.S.-based Gigafactory, as confirmed by Elon Musk himself. The Tesla CEO made the announcement during the company’s earnings call on Wednesday, July 22.

Musk also declared that the Gigafactory will be open to the public. The entrepreneur stated that the plant and its nearby surroundings are going to be “an ecological paradise”, by containing a boardwalk, alongside hiking and biking trails.

The new factory will be Tesla’s fourth in the United States. It follows the factory in Fremont, California, the Gigafactory 1 in Nevada, and the Gigafactory 2 in Buffalo, New York.

Local resident Jeff Roberts captured aerial footage of the construction site, and released it on YouTube. The footage clearly shows that construction is well underway.

Real estate Media Company The Real Deal reported that total construction costs are estimated at $1.1 billion. The report also indicated that the construction site consists of 2,100 acres (approximately 8.5 km2).

Tesla Models Y and 3 are also going to be produced alongside the Cybertruck in the new factory. 

Why did Tesla opt for Austin, TX?

It all came down to one main reason as to why Tesla has chosen The Capitol City: tax breaks. Travis County, which encompasses the city of Austin, voted to give the company tax breaks worth at least $14.7 million. 

Contrary to popular belief, tax breaks are not inherently harmful. Their main objective is to reduce monetary burdens on an individual and/or commercial taxpayer. This allows companies to innovate, provide more jobs, and to lower the cost of their products. As far as the latter is concerned, this will automatically render them more competitive on the market.

Which definitely is the case regarding Tesla. The company is expected to hire approximately 5,000 workers at a median salary of $47,147 per year. Entry-level positions start at $35,000 per annum.

Austin Mayor Steve Adler expressed his delight on Twitter, stating that the plant will constitute an “important economic boost”. Texas Governor Greg Abbott also weighed in on the matter. In a statement released on July 22, Gov. Abbott announced that Tesla’s investment will bring “tremendous benefits”.

In conclusion, Tesla is further cementing itself as one of the global leaders of clean-energy solutions. 

Its exponential growth is of paramount importance for a more sustainable ecosystem.

Jay Leno’s Garage’s feat. Elon Musk and the Cybertruck

Jay Leno features Cybertruck

Earlier this month, CNBC Prime released a preview of the sixth season of Jay Leno’s Garage, which included a brief cameo of Tesla’s Cybertruck.

The motor vehicle show, starring famous ex-talk show host and avid car collector Jay Leno, has dedicated an entire episode that premiered on Wednesday May 28, dubbed Risk vs. Reward, to review the all-electric truck. 

CNBC Prime released a 6-minute segment of the episode on YouTube, which featured Jay Leno and Tesla CEO Elon Musk discussing Cybertruck’s specifications alongside Tesla’s Senior Design Executive Franz von Holzhausen, and then taking a prototype of the massive truck for a spin inside the 1.14 mile-long Boring Test Tunnel in Los Angeles, which is a tunnel dug underground by The Boring Company.

As we have previously mentioned, the Cybertruck is set to go into production in 2021, and frankly we just cannot wait!

 

Why is Meek Mill showing love for Tesla?

 

Yesterday rapper Meek Mill tweeted to his 9.8 million followers, that he’s looking for a Tesla sales representative to buy all Teslas.

In another tweet posted today, the rapper writes “How can I buy a Tesla truck right now?” He’s referring to Tesla’s  Cybertruck.

I’m still trying to learn about the sudden love affair. A Google search doesn’t really give much information about the relationship.

This is not the first time Tesla receives major endorsements from celebrities, although given Tesla’s age in the business, car giants like Mercedes-Benz and BMW have received far more endorsements.

If you have any clue, please feel free to sound off in the forum.

Cybertruck to feature in Jay Leno’s Garage Season 6 Premiere

The Cybertruck is coming to the show hosted by renowned comedian Jay Leno.

Ever since its unveiling last November, the Tesla Cybertruck has barely been seen by the public, with mass production expected to commence in 2021. The all-electric powered truck will now appear in the Season 6 premiere of Jay Leno’s garage, which is set to air on Wednesday May 20, at 10 PM   ET.

 

Yep you heard that right folks. The Cybertruck is coming to the show hosted by renowned comedian Jay Leno. Ever since its unveiling last November, the Tesla Cybertruck has barely been seen by the public, with mass production expected to commence in 2021. The all-electric powered truck will now appear in the Season 6 premiere of Jay Leno’s garage, which is set to air on Wednesday May 20, at 10 PM   ET.

An 80-second teaser of the episode released by CNBC Prime, featured Leno and Elon Musk taking the Cybertruck for a spin at SpaceX headquarters in Hawthorne, California. With that being said, Tesla fans and car enthusiasts, brace yourselves for an exciting ride!

Tesla Cybertruck

On November 21, 2019 Elon Musk announced Tesla’s new addition to the family, the Cybertruck. Also referred to as Cybrtrk, Tesla Truck, and Tesla Pickup, this model has been the talk of the town for several weeks mainly because of its Polygonal design.

 

Is the Cybertruck a joke?

No, the Cybertruck is real and street legal. While many thought it was bulletproof, the cybertruck doesn’t include this feature even though it was described as “an armored personnel carrier from the future”. However, on Tesla’s website, they mention that it has an “ultra-strong glass and polymer-layered composite which can absorb and redirect impact force for improved performance and damage tolerance”. It has an exoskeleton made from ultra-Hard 30X Cold-Rolled stainless-steel structural skin and Tesla armor glass.

 

What are its specs and price?

The Cybertruck comes in 3 model specs: Single Motor Rear Wheel Drive (RWD), Dual Motor All Wheel Drive (AWD) and Tri Motor All Wheel Drive. The three models share some specs but differ in others. Given that the units are in US configurations, all the models have 100 cubic feet of storage and a vault length of 6.5 feet. They are also equipped with standard Autopilot and adaptive air suspension systems. Moreover, the Cybertruckl has a ground clearance of 16 inches, an approach angle of 35 degrees with a departure angle of 25 degrees. It is 231.7 inches long, 79.8 inches wide and 75 inches tall.

The Single Motor can go from 0 to 60 mph in less than 6.5 seconds with a range of 250+ miles per full charge and a towing capacity of 7500+ LBS. While the Dual Motor and Tri Motor models both have all-wheel drivetrains, they differ in other specs. Respectively, the Dual Motor AWD and Tri Motor AWD can go from 0 to 60 mph in less than 4.5 and 2.9 seconds, have a range of 300+ and 500+ miles per full charge with a towing capacity of 10,000+ and 14,000+ LBS.

When it comes to aerodynamics, the Cybertruck has a 0.30 drag coefficient which could change if windshield were added as the current design lacks it. This drag coefficient is similar to a Ford Focus ST and better by 0.08 than the 2019 Chevy Silverado 1500.

You can order your Cybertruck on Tesla.com and have it delivered by the end of 2021. The three models are priced at $39,000, $49,000 and $69,900. The self-driving option is not included in the models and would cost an additional $7,000. Those interested in pre-orders will only pay $100 upfront to reserve their Cybertruck. 

What about its interior?

The interior is made up of 6 leather seats; 3 in the front and 3 in the back. The middle seat in the front can be folded down and changed to an armrest or a tray of cup holders. The dashboard is white and only has the steering wheel and a 17-inch touch screen situated in the middle.

Unlike other models, Tesla hasn’t offered the option to design the interior or exterior color of the Cybertruck when ordering it on their website.

 

How did the Cybertruck affect Tesla’s stocks?

When the model was first introduced, critics and analysts rained down with judgment and bad reviews because of the unusual design and the fact that it is not bulletproof with all the exoskeleton features. Jim Cramer, the host of CNBC, said that the model will be dead by the time it arrives on the market. Others criticized the pricing of the trucks claiming that it is too high for an average American consumer which could limit Tesla’s market share. Due to all those speculations, Tesla’s stock fell more than 6% in the month of November 2019.

That didn’t last long, as Elon Musk tweeted the pre-orders figures which were rising fast. On Wednesday, November 27, He tweeted that it reached 250,000 orders from 187,000 earlier on Sunday, November 24 and 146,000 on Saturday, November 23

https://twitter.com/elonmusk/status/1199526897887195136?lang=en

 

Considering that one must pay $100 when pre-ordering, this means Tesla has already made $20,000,000 although it must be noted that the $100 is refundable and isn’t part of the vehicle sales.

The drop to $210 per share quickly skyrocketed to $537 which proved critics wrong and re-stated that Tesla’s marketing strategies are effective.

What were the Cybertruck memes?

With many rushing into mocking the truck’s design, many started to compare it to the kitchen hoods or Minecraft models. The most shared meme about the truck was comparing it to a poorly rendered version of Lara Croft. Some other companies took a shot at it like LEGO who posted a picture of a LEGO piece on wheels on their twitter captioned “The evolution of the truck is here. Guaranteed shatterproof”.

https://twitter.com/lego_group/status/1199644074866888706