New Delhi: Tesla, amidst share fluctuations, recently marked a significant milestone with the delivery of its long-anticipated Cybertruck. Teslas CEO Elon Musk personally handed over the futuristic pickups to initial owners, including notable figures like Reddit co-founder Alexis Ohanian. This momentous occasion, live-streamed on Musks social media platform, X, signifies Teslas foray into the fiercely competitive US pickup market.Tesla Cybertruck: Price and specificationsFollowing the delivery event, Tesla provided a much-anticipated update on the pricing and specifications of the Cybertruck. The base version, estimated at $60,990, represents a notable increase of over 50% from the initial pricing projection four years ago. However, this base version is set to hit the roads only in 2025. Tesla is currently accepting reservations for this variant and two others scheduled for delivery next year, with estimated costs of $79,990 and $99,990.Tesla Cybertruck: Range, performance, towing capabilitiesDespite the price escalation, the Cybertruck promises impressive features. The variant offering the most extended battery range is expected to cover approximately 340 miles on a single charge. While this falls short of the ambitious 500-mile goal set four years ago, the Cybertrucks acceleration capabilities are noteworthy. Tesla claims it can reach 60 miles per hour in as little as 2.6 seconds, outpacing conventional sports cars.The pickups towing capacity is another highlight, boasting the ability to tow up to 11,000 pounds. This surpasses competitors like the battery-powered Ford F-150 Lightning and certain gas-powered F-150 models. Additionally, the Cybertruck offers a remarkable 17 inches of ground clearance, surpassing both the F-150 and the electric Rivian R1T pickup.Tesla Cybertruck: Design and durabilityElon Musk, during the delivery event, shed light on the unique design elements of the Cybertruck. The angular shape, he explained, is a result of the stainless-steel body panels that cannot be stamped due to the risk of breaking stamping machines. This distinctive design, while contributing to the vehicles Blade Runner-esque appearance, is also a testament to the challenges faced in its manufacturing.How did the industry respond to Musks overviewWhile Elon Musk primarily emphasized the merits of the Cybertruck during the event, industry analysts and experts weighed in on the development. Gene Munster, a managing partner at Deepwater Asset Management, expressed surprise at the higher-than-expected pricing. Munster highlighted the necessity for Tesla to ramp up production to bring prices down, acknowledging that the Cybertruck is not yet widely available.How will Tesla navigate the challenges in the pickup marketTeslas entry into the US pickup market, characterized by the Cybertrucks unique design and advanced features, has sparked a mix of excitement, criticism, and skepticism. Musk himself acknowledged the complexity of producing the pickup, referring to it as insanely difficult. As reservations for the Cybertruck continue and anticipation builds, Tesla faces the challenge of living up to expectations and overcoming manufacturing hurdles.