"Tesla's Cybertruck Event: Mark Your Calendars!"

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Source: Fox Business
"Tesla's Cybertruck Event: Mark Your Calendars!"
Photo: Fox Business
TL;DR Summary

Tesla has announced that it will unveil its highly anticipated Cybertruck at its gigafactory in Austin, Texas next week. The event, which will be livestreamed to the public, marks an important milestone for CEO Elon Musk after multiple production delays and supply chain disruptions. Musk has set ambitious production targets for the Cybertruck, aiming for 200,000 units annually with the potential to increase to 250,000 by 2025. The initial cost of the Cybertruck is estimated to be around $50,000. The electric vehicle boasts features such as ultra-strong glass, a polymer-layered composite, and impressive acceleration and towing capabilities. Tesla shares have surged over 90% this year.

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