Tesla to unveil electric pickup 'cybertruck' on November 21: Musk

(Reuters) - Tesla Inc (NASDAQ: TSLA) plans to unveil its electric pickup truck, "cybertruck," on Nov. 21 in Los Angeles near the SpaceX rocket factory, Chief Executive Officer Elon Musk tweeted https://twitter.com/elonmusk/status/1192113294036754432 on Wednesday.

Musk had said in January that Tesla might be ready to unveil the truck by summer.

"Cybertruck doesn't look like anything I've seen bouncing around the Internet. It's closer to an armored personnel carrier from the future," Musk had said in a tweet https://twitter.com/elonmusk/status/1183583315263131648?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1183583315263131648&ref_url=https%3A%2F%2Fmetro.co.uk%2F2019%2F10%2F15%2Felon-musk-says-tesla-building-armored-personnel-carrier-future-10920019%2F last month.

Carmakers including Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) are racing to design radical new takes on their most profitable pickup truck models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla's plan to eclipse their brands.

Ford's F-150 pickup and GM's Chevrolet Silverado are the top selling vehicles in the U.S. market.

The reveal would happen a day before the Los Angeles Auto Show opens to the public, according to its website https://laautoshow.com.

(Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• UBS Reiterates Neutral Rating on Tesla (TSLA), Forecasts 470K Q3 Deliveries
• Zscaler stock falls on CRO leadership change
• Gaming stocks fall after Meta unveils AI game-building tools