Elon Musk, the CEO of Tesla, has announced that his revolutionary vehicle company plans to build a pick-up truck following the release of the Model Y. The ‘announcement’ was made via Musk’s Twitter account after one person asked for an electric pick-up truck. Musk responded to the request explaining that the “core design/engineering elements” have been in his mind for almost five years and that he’s dying to build it.
The Model Y is apparently based on the Model 3 platform; the Model Y is set to arrive in 2019 so we could see the pick-up truck arrive any time after that. The somewhat eccentric chief executive also revealed some of the details of the pick-up saying that it’d be “slightly bigger” than Ford’s F-150 due to the inclusion of a “game-changing” feature.
Whether Tesla actually builds the new vehicle is unknown right now; the company reported a massive quarterly loss in November of $619m and confirmed that it was indeed behind schedule with Model 3 orders. If the company doesn’t slow down and consolidate on its existing line-up, Bloomberg predicts that Tesla will run out of its current cash reserves by the latter half of 2018.
The pick-up should be fairly popular in the U.S. with demand having risen in the past 12 months. The new vehicles, however, may not do so well in other countries where pick-up trucks aren’t as popular.
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