Tesla Cybertruck – level 2

Tesla Cybertruck

05-12-2023 15:00

Tesla expected that its Cybertruck would cost 40,000 dollars, but its price is 60,990 dollars now, which is 50% more than Elon Musk estimated in 2019.

The truck is made of shiny stainless steel and inspired by a James Bond movie. Its unique design means higher production costs. Musk says that the truck offers more utility and speed than usual trucks. Although the price is higher, experts believe it will attract rich people who want to have something special.

Musk said that there were problems with production, but he expects higher cash flow in 12-18 months.

Difficult words: unique (different from the others), utility (when something is useful or it brings money to someone), cash flow (the money which moves into and out of a company).

You can watch the original video in the Level 3 section.

What other features does the Cybertruck offer to support the 50% higher price tag?

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