| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Editor’s Note: This story has been updated to reflect the correct spelling of the steer-by-wire system.
EV giant Tesla Inc (NASDAQ:TSLA) said on Saturday that it is still aiming to start selling its stainless steel Cybertruck in Canada this year.
What Happened: “I shall come,” Tesla said via its official Cybertruck account on X on Saturday, reassuring Canadian Tesla enthusiasts of the vehicle’s introduction in the country.
“Still aiming for this year,” Tesla said in another reply.
Why It Matters: Last week, Transport Canada granted the EV maker approval to use its steer-by-wire system in the country as required for testing. The technology, which does not meet the country's specification for minimum steering angle, is only available on the company's Cybertruck and not on any of its other offerings.
Tesla, however, will have to provide detailed semi-annual incident reports starting on January 18, the government department said, while also meeting other regulatory demands. The approval is valid till July 2029.
While there are more clearances required to sell the vehicle in the country, Cybertruck lead engineer Wes Morrill said that the government’s green light is an ‘important milestone.’
The Cybertruck is the latest offering from Tesla. The company started delivering the trucks to U.S. customers in late November.
Tesla's Canadian website currently shows only an option to pre-order the Cybertruck for $150.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read More:
Photo courtesy: Shutterstock
Posted In: TSLA
