After years of waiting, Tesla will finally reveal its electric pickup truck

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After years of waiting, Tesla will finally reveal its electric pickup truck
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The long-awaited Tesla pickup truck will finally be unveiled on Nov. 21 near the SpaceX rocket factory in Los Angeles, Tesla CEO Elon Musk announced.

Musk says Tesla's pickup will cost under $50,000 and be better than the F-150Musk has said the electric truck, which was first announced in 2013, will have a starting price of less than $50,000. He has also claimed it will be a better truck than a Ford F-150 and a better sports car than a Porsche 911.

Ford shows off electric F-150 pickup by towing a freight trainFord is also working on an all-electric F-150. Shortly after Musk said the Tesla truck would be"better than an F-150," Ford released a video showing a prototype electric F-150 pulling a line of freight train cars weighing over 1 million pounds. Read MoreGeneral Motors , too, is working on an electric pickup.

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