Elon Musk confirmed during the Q&A period at Tesla’s Shareholder Meeting that the Cybertruck’s Foundation series is ending shortly and hinted at what’s required for other markets.
This is alongside Elon Musk confirming that the ramp-up for the Cybertruck continues, with Tesla producing over 1,300 Cybertrucks a week now.
End of Foundation Series
Tesla has been shipping the Foundation-series Cybertruck since its release, which came loaded with additional options, including FSD, Foundation-series etching, LED light bar, white interior trim, Powershare installation credit, Premium Connectivity for life, and a host of other smaller goodies.
Elon Musk has confirmed that in the upcoming quarter, Tesla will stop offering the Foundation series for pre-order customers, and will start offering the regular Cybertruck. In the United States, the AWD Dual Motor Cybertruck will become eligible for the Federal EV Tax Incentive, which could be the big step customers need to get into their Cybertrucks.
Canadian, European and Chinese Markets
The Cybertruck is currently not Europe or China-compliant, due to requirements to round the edges in Europe, and additional reasons in China. These policy requirements are difficult to build around, and Tesla intends to only push the Cybertruck to these markets once full-volume production is a go in North America.
At 1,300 units per week, or 67,600 units per year, Tesla isn’t quite close to achieving its full-volume production goals – 250,000 units per year. It could be a couple of years until Tesla hits its volume production goals, and begins working on a foreign-compliant Cybertruck.
Meanwhile, for Canadians, the Cybertruck is currently still awaiting testing and approvals from Transport Canada, due to steer-by-wire regulation issues, and could still be some before its made available to reservation holders.
