• At Tesla’s 2023 Annual Shareholders Meeting, Elon Musk, the CEO, talked about worries about Cybertruck, the state of “Full Self-Driving,” and possible advertising in the future.
  • Musk says that when the two new goods are ready for total production, Tesla will make more than 5 million of them yearly. Tesla is creating two new things right now.
  • It wasn’t just crazy claims that got people to follow them. Musk thought that the economy would be wrong in the coming year.

I only want to show you all how much I love you.

Elon Musk, the CEO of Tesla, took the stage at the company’s Austin, Texas, facilities for the 2023 Annual Shareholders Meeting. He made a heart with his hands and gave it to the cheering crowd. During the two-hour event, Musk was able to update his fans and the rest of the world on the growth of the electric-vehicle company. He denied that the company uses child miners and made enormous promises for the future.

First of all, Musk said that Cybertruck will start delivering things later this year. Musk said that the first Cybertruck would be born in 2021, but this date was moved to 2022, and now it is expected to happen in 2023. Even though the cyber truck won’t be shipped in large numbers this year, Tesla has set the third quarter as the date for the first official delivery. Musk stated that the production of the all-electric truck has been challenging.

“It is tough to make the Cybertruck.”

“Because the Cybertruck is so different from anything else ever made, you can’t just use regular ways to make it,” he said. “To make an exoskeleton-based car instead of an endoskeleton-based car, we had to develop a whole new set of manufacturing steps.” The Cybertruck is made in a highly complex way.

Musk has made similar claims about when Tesla’s Full Self-Driving technology will be available. The company admits it isn’t fully self-driving, but Musk keeps calling it that anyway. Even though Musk and Tesla have been waiting for “complete autonomy” for more than five years, Musk hasn’t changed his mind, even though several times have come and gone.

Promises of a New Product

Musk was excited about Tesla’s following line of cars and said, “I think you will be very excited about two new products.” He didn’t say what they were, just that the designs and ways they were made were “head and shoulders above anything else in the industry.” Musk said, “We are already building a new product,” meaning that these two versions will probably sell 5 million units yearly.

Tesla advertisements?

A question-and-answer session that went both ways led to several news stories, one of which said that Tesla would start paying for ads. Through an invitation program, Tesla has been paying people for years to spread the word about its cars. Musk has also sent out messages on social media that look like ads. The company has yet to advertise in print or on the Internet.

He agreed with an Austin fan who said more people should know about Tesla’s features and prices. He said, “We’ll try a little advertising and see how it goes.” The automaker’s decision to start advertising signifies adapting to complex conditions.

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