During his recent appearance on the "Joe Rogan Experience" podcast, Tesla CEO Elon Musk provided additional insights into the production targets for the much-anticipated Cybertruck. Musk explained, "We're aiming to produce around 200,000 units per year during our production phase, possibly a bit more, but it's essential to stress that manufacturing is significantly more challenging than the initial design." Notably, Musk did not specify a timeline for achieving this production level. This updated assessment represents a nearly twofold increase compared to Tesla's projection in October, where they anticipated manufacturing over 125,000 Cybertrucks annually during the pilot production phase.

After facing a two-year delay due to various challenges, including design and feature adjustments, Tesla is poised to commence deliveries of its highly awaited futuristic electric truck this month. The Cybertruck was first unveiled in November 2019, and Musk revealed that the company received an astounding 250,000 pre-orders in just a few days. Notably, the initial quoted price for the distinctive trapezoidal vehicle was $39,900, but the current pricing remains undisclosed.

Musk also shared further details about the Cybertruck during the podcast, including the mention of a "beast mode version" of the vehicle. This version of the Cybertruck will feature bulletproof steel panels, with the option for customers to purchase bulletproof glass for the windows, as disclosed by Musk on the podcast.

Musk's candid commentary on the challenges of producing the Cybertruck has been a recurring theme. During Tesla's third-quarter earnings call in October, he characterized the production process as requiring a "staggering" amount of effort, emphasizing the unique nature of the vehicle and the difficulty in innovating in a sector where there are no precedents to follow.

On Tuesday, Tesla's stock price concluded at $200.84 per share, marking a 1.8% increase. For the year, the stock has experienced a 63% surge.