Elon Musk says the Cybertruck will cost $1 million if Tesla does this

The Tesla Cybertruck would cost $1 million if it were built before a steady, high volume supply of batteries was available, Elon Musk said.

Musk said production of the vehicles faces various parts supply and engineering challenges, but the Model Y is the priority at the new plant. Tesla plans to incorporate its next-generation 4680 battery technology into the Texas-built Model Y, but has a "backup plan" that uses the packs currently used in Model Ys produced in California and China. The Cybertruck and Semi are also designed around the 4680 battery, which is still in development, but the large vehicles are "heavy users of cell capacity" so they won't become economically viable until there is a steady supply. Musk said if Tesla started building the Cybertruck at low volumes the pickups could cost "$1 million a piece," so it will be holding off until things get sorted out. Tesla had been aiming to have the first Cybertrucks delivered by the end of 2021, and still advertises it as such. Musk didn't confirm that target still stands, but added that he thinks the vehicle, which is currently listed with starting prices ranging from $39,990 to $69,990, will be Tesla's "best product ever."