---
title: "Tesla has released Tesla and will compete with Ford (F, US) and Rivian Automotive in the electric pickup truck market."
description: "On Saturday, Tesla produced its first vehicle at the factory in Texas after a two-year hiatus."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/92759269.md"
published_at: "2023-07-16T23:41:04.000Z"
---

# Tesla has released Tesla and will compete with Ford (F, US) and Rivian Automotive in the electric pickup truck market.

> On Saturday, Tesla produced its first vehicle at the factory in Texas after a two-year hiatus.

According to the Zhītōng Finance and Economics APP, on Saturday, Tesla (TSLA.US) produced its first Tesla vehicle at its factory in Texas after a two-year hiatus.

Founder Elon Musk introduced this pickup truck at a press conference in 2019, during which the vehicle's designer demonstrated what was then referred to as "bulletproof glass" windows. Since then, the company has repeatedly delayed production, with Elon Musk stating last year that a shortage of components was the reason for postponing the release of Tesla until 2023.

At the shareholders' meeting in May, Elon Musk stated that Tesla hopes to produce 250,000 Tesla vehicles annually based on demand.

Tesla will enter the highly profitable electric pickup truck market and compete with electric pickup truck companies such as Ford (F, US) and Rivian (RIVN.US). It is reported that Tesla plans to start mass production of Tesla by the end of 2023.

### Related Stocks

- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)
- [RIVN.US - Rivian Automotive](https://longbridge.com/en/quote/RIVN.US.md)
- [F.US - Ford Motor](https://longbridge.com/en/quote/F.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Slate pricing to be revealed in June, ‘Blank Slate’ truck still expected in the mid-$20k range | Slate Auto, an EV startup, will reveal pricing for its "Blank Slate" electric pickup in June. The model is expected to b | [Link](https://longbridge.com/en/news/276367534.md) |
| Official Slate Truck Pricing Is Coming In Late June | Slate Auto is set to reveal pricing for its affordable electric pickup truck, the "Blank Slate," in late June. CEO Chris | [Link](https://longbridge.com/en/news/276389542.md) |
| Tesla Paid No Federal Income Tax While Elon Musk Could Earn $3 Billion More Than U.S. Teachers Combined, Says Robert Reich —'See the Problem?' | Tesla reported paying no federal income tax in 2025, despite having $5.7 billion in pretax income. Former Labor Secretar | [Link](https://longbridge.com/en/news/276133290.md) |
| ANALYSIS-US automakers caught in crossfire of Trump, California EV battle | A legal battle between the Trump administration and California over auto-pollution regulations could have significant fi | [Link](https://longbridge.com/en/news/276323878.md) |
| L & S Advisors Inc Has $464,000 Position in Tesla, Inc. $TSLA | L & S Advisors Inc reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 93% in Q3, holding 1,043 shares valued at $464,000. | [Link](https://longbridge.com/en/news/276442380.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
