Elon Musk, the company's CEO, revealed that the price will be higher than initially stated and that production machinery is about to be set up.

Tesla stated that the electric pickup truck would hit the market by the end of 2021 when it first announced the Cybertruck in 2019.

Later, Tesla's CEO Elon Musk stated that production of the electric pickup truck was planned to begin at the Gigafactory Texas in "late 2022."

Tesla intends to finish Cybertruck development this year for production in 2023, it was revealed in March 2022."

When Tesla first announced the car, it showcased three variations of the electric pickup truck, with prices beginning at $40,000.

Tesla, however, late last year took Cybertruck specifications and costs off of its website. Since then, a price and specification change has been anticipated.

We recently revealed that Idra is preparing to deploy a new massive Giga press designed to construct the Cybertruck's body. Tesla aims to build the Cybertruck at Gigafactory Texas in Austin.

It seemed plausible that the production schedule for the Cybertruck could be pushed back given the emphasis on getting the Model Y into production at the facility, which was also delayed.

Elon Musk, the company's CEO, writes in a tweet that the long-haul trucks will start shipping this year. Deliveries using Cybertruck will start.

Tesla Cybertruck update: upcoming price increase and addition of production machinery