The production of Tesla's much-anticipated Cybertruck has been put back until 2023, CEO Elon Musk said on Wednesday, at a time when other companies are stepping up their efforts to get a piece of the lucrative market.
The news confirms a report from Reuters earlier this month. It comes as the electric-vehicle maker reported record quarterly revenue and more than 50% growth in deliveries for 2022, despite supply chain issues. Elon Musk, who showed off the futuristic car in 2019, pushed back its production from late 2021 to late 2022.
