Elon Musk confirms that Tesla's Cybertruck EV will have a high-end 4-motor variant

Elon Musk, the CEO of Tesla, announced on Friday that the company's much-anticipated Cybertruck will include a high-end four-motor variant.

In a tweet, Musk stated, "Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel."

Musk described the electric pickup truck as a "insane technology bandwagon," saying it would have front and rear-wheel steer and be able to "not just (turn) like a tank – it can drive diagonally like a crab."

GMC's Hummer EV, Ford's F-150 Lightning, and Rivian's R1T are among the pickup trucks that would compete with the vehicle. R1T is powered by four independent motors that drive all four wheels, while GMC's Hummer can drive diagonally.

Tesla's pick-up truck, first announced in 2019, is made of the same stainless steel used in rockets, and Musk boasted that preorders for the Cybertruck drew hundreds of thousands of people.

Musk stated that on the next earnings call, he would provide updates on the product roadmap. The first Cybertrucks are expected to be produced next year, with volume production beginning in 2023.

Supply-chain issues and a global semiconductor shortage have harmed legacy automakers, but the company has so far avoided a major crisis.