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Elon Musk Issues Cybertruck Logistics Update, Analyst Says EV Is ‘Biggest People Magnet’: What We Know Ahead Of Next Week’s Launch

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Tesla, Inc. (NASDAQ:TSLA)’s Cybertruck launch event is exactly a week away. CEO Elon Musk amped up expectations by providing an update Wednesday on the logistics of the much-awaited electric pickup truck, and an analyst who is uber-bullish on the vehicle offered his take on the potential pricing.

Cybertruck Heads To Tesla Stores: “Cybertrucks are on their way to Tesla stores in North America!” said Musk said in a post on his social media platform X. His comments came as he shared a story from the website Tesla Oracle that said Cybertrucks are being delivered to more stores ahead of Black Friday.

Cybertrucks are on their way to Tesla stores in North America!https://t.co/deuRQr72DI

— Elon Musk (@elonmusk) November 22, 2023

See Also: Everything You Need To Know About Tesla Stock

Another Tesla enthusiast shared a video of a Cybertruck that he spotted in the Santana Row district of San Jose, California.

I found the Cybertruck at Santana Row, CA pic.twitter.com/xLx75gpi31

— Teslaconomics (@Teslaconomics) November 20, 2023

Tesla influencer Sawyer Merritt shared the locations of the Tesla stores at which the Cybertruck has been made available so far, crediting the information to ABetterTheater.com.

Here are all nine Tesla store locations in the US that currently have a Cybertruck in their showroom.More Tesla stores will likely get them in the coming days/weeks. The page below will be updated live.Source: https://t.co/Ep1QoCj3nj pic.twitter.com/TR0U2HCdMb

— Sawyer Merritt (@SawyerMerritt) November 22, 2023

Cybertruck Price Shrouded In Mystery: With Tesla yet to give a hint regarding the vehicle, rumors abound about how much Cybertruck will cost a customer. The Future Fund‘s Gary Black said in a post on Wednesday that he has been unsuccessful in getting the pricing from his contacts in Chicago.

Musk “wouldn’t create a huge Cybertruck delivery event in Austin only to disappoint the crowd on price,” the fund manager said, adding: “affordability is important.”

His price expectations for various trim levels are as follows:

Single-motor: $49,990
Dual-motor: $59,990
Tri-motor: $79,990

Black said he expects the dual and tri-motor versions to be available initially. All trims will qualify for the $7,500 EV credit that goes off-invoice starting Jan. 1, he added.

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