Transportation

Tesla has pushed back initial production of its Cybertruck to early 2023 - 2 years later than Elon Musk first predicted, a report says

2 days ago   |   By Business Insider

Tesla co-founder and CEO Elon Musk stands in front of the all-electric battery-powered Tesla's Cybertruck. FREDERIC J. BROWN/AFP via Getty Images
Tesla has pushed back Cybertruck production from late 2022 to 2023, a source told Reuters.
The company is making changes to the Cybertruck's features and functions, the source told Reuters.
Elon Musk first predicted Cybertruck production would kick off in 2021, before delaying to 2022.
Tesla has delayed initial production of its Cybertruck to early 2023, two years later than CEO Elon Musk first forecast, Reuters reported on Thursday. The...
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Evergrande takes on Tesla, rolling out its first electric vehicle as the embattled Chinese real estate developer seeks to make EVs its core business

2 days ago   |   By Business Insider

Evergrande wants to make electric cars its core business, CEO Hui Ka Yan said. Costfoto/Barcroft Media/Getty Images
Evergrande New Energy Vehicle Group started production in December 2021.
It rolled out the first Hengchi 5 all-electric compact SUV from its Tianjin assembly line on Wednesday.
CEO Hui Ka Yan said in October Evergrande wants to make EVs its core business over the next 10 years.
On Wednesday, embattled Evergrande rolled its first electric vehicle off the assembly line as the Chinese real estate giant pivots toward the automotive market. The Hengchi 5 all-electric compact...
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