Elon Musk has announced that Tesla's Cybertruck has changed significantly since the initial announcement and will have a higher price tag. Musk first announced the electric vehicle on Nov. 21, 2019, to considerable fanfare in Los Angelos. It was initially supposed to go into production in 2021 with a starting price of $39,900. Then in Aug. 2021, the truck was delayed until 2022. At an earnings call in July 2022, Musk announced that the Cybertruck would go into production in mid-2023. It's hard to say if that will happen, given the numerous delays that have plagued the EV.
Prototypes have been spotted in numerous places. In May 2022, the Cybertruck was seen at the Formula SAE event. Tesla brought it to the event as part of a recruitment drive. It was driven around the track. Fans were so excited it appeared on a couple of social media sites. The following month consumers got a glimpse inside the vehicle. Unfortunately, the design wasn't as exciting as the exterior. But this is just a prototype.
Related: Is Tesla Refunding Cybertruck Deposits? What You Need To Know
At Tesla's 2022 Annual Meeting of Stockholders, Musk made some new announcements regarding the anticipated Cybertruck. First, the finished product will cost more. Unfortunately, he did not elaborate on what that price may be. He said this is due to inflation, but the final electric truck will also be much different than the one announced in 2019. Again, he didn't give any details on the changes or additions. There wasn't that much known about the Cybertruck, to begin with. There were some details, but most of the images on the company's page to reserve one are pretty blurry. Now, it's even more unclear what consumers will get.
While Musk has a thriving EV
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