Tesla Cybertruck news is ramping up, but take it with a grain of salt

We’re seeing a lot of new reports about the Tesla Cybertruck being released and shared in the Tesla community – I would have accepted those with a great deal of salt.

Earlier this week, we reported that Tesla plans to release a product roadmap update on January 26 with the Cybertruck being a product of focus. Since then, several other news reports have surfaced about the electric truck, but we have doubts about its authenticity.

Reuters reports that planned production has been delayed to the first quarter of 2023:

A person familiar with the matter told Reuters on Thursday that Tesla (TSLA.O) aims to start initial production of its long-awaited e-truck by the end of the first quarter of 2023, delaying its plan to start production late this year.

This report by Reuters’ Hyunjoo Jin is based on a single source and after looking at the history of his coverage of Reuters, it does not appear that he had any exclusive information on Tesla before, which raised a red flag for me.

Now if I’m going to bet on whether the Tesla Cybertruck will launch in 2022 or 2023, I’d definitely bet on 2023, but that doesn’t mean the report is based on any specific information. Analyst Trip Choudary of Global Equities Research also released a new report on Cybertruck.

He claimed that Tesla will unveil the production version of the Cybertruck in March, and that it will include two versions, one of which is about 15-20% smaller than the original.

There have been talks about Tesla making a smaller version of the Cybertruck, but Elon Musk has put the plans behind in 2020 and said a smaller version will come later, likely for European markets.

I would also like to take this report with caution.

That’s not impossible, but seems unlikely due to previous direct statements from Musk about Tesla’s plans to make the Cybertruck smaller. We also saw a new prototype Cybertruck being tested by Tesla at the Fremont plant last month, and it looked just as big as the original prototype.

We should have more information on January 26, but in the meantime, I would have taken all of these reports with great caution.

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