Elon Musk teases a Tesla Cybertruck availability update as soon as April

• Tesla CEO Elon Musk said the company could soon have an update about Cybertruck production.
• The forthcoming F-150 competitor will be built near Austin, Texas.
• Trucks are key profit centers for competitors like Ford, to which Tesla is already beginning to lose ground.

Elon Musk on Saturday teased an update about the availability of Tesla's forthcoming Cybertruck as soon as April.

"Update probably in Q2. Cybertruck will be built at Giga Texas, so focus right now is on getting that beast built," the CEO said on Twitter in response to a question about the truck's first deliveries.

In January, Musk said the F-150 competitor's engineer was nearly finished and that Tesla would soon begin designing an assembly line to build it.

"We're no longer iterating at the design center level or design level," he said. "We've got the designs fixed. We're getting to -- we'll soon order the equipment necessary to make the Cybertruck work."

Tesla's newest factory near Austin, Texas, is currently under construction, with a completion date set for later in 2021.

The futuristic-looking truck comes at a crucial time for Tesla, which is already beginning to lose ground to competitors. Electric pickups are a crucial hurdle in mass market battery adoption - and key profit center for competitors like Ford.