After several delays, Tesla is set to commence deliveries of its Cybertruck, a critical product for the company's reputation and sales generation
Made of shiny stainless steel with flat, angular planes, the Cybertruck's design is inspired partly by a James Bond movie
Musk drove a Cybertruck onto the stage, showcasing its performance by towing a Porsche 911 and beating a gasoline-powered 911 in a race
Cybertruck's starting price is $60,990 (₹50,79,588), over 50% more than initially touted in 2019, targeting select affluent buyers initially
Musk called the Cybertruck a "radical" product that will take 1-1.5 years to become a significant cash flow contributor
Cybertruck enters a competitive pickup market, competing with Ford's F-150 Lightning, Rivian's R1T, and GM's Hummer EV
Despite challenges & pricing changes, Cybertruck has drawn over a million reservation holders, maintaining Tesla's appeal to affluent early adopters