Tesla CEO Elon Musk has indicated a shrunken version of the pick-up could be on the cards
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Tesla CEO Elon Musk has revealed the electric car maker will "probably" release a smaller version of the Cybertruck overseas, potentially allowing the incoming electric pick-up to compete with popular local offerings like the Toyota HiLux or Ford Ranger.

In prototype form, the Cybertruck measures roughly 5.4m long, 2m wide and 1.9m tall, but Musk has previously suggested a production version may need to be smaller – although the Tesla CEO has changed his tune on that matter in recent months.

Regardless, it appears Cybertruck models sold in international markets could be smaller again, according to quotes from Musk cited by Auto News.

“We’ll probably make an international version that’s smaller”, Musk reportedly told journalists during the company's shareholder meeting and Battery Day on September 22.

“It will still be cooler, it will just be smaller, because you can’t just make a giant truck like that for international markets.”

It's unclear whether this smaller model would be the same as the "smaller truck" Musk previously mentioned on Twitter earlier in 2020 after indicating even a 3 per cent size decrease on the prototype would be "too small".

No further details of the model are known, but Carscoops reports the Cybertruck in its current form is classified as a medium-duty pick-up in the US – comparable in size to a Ford F-250 Super Duty, which measures roughly 6 metres long, 2 metres tall and 2 metres wide.

By that token, a smaller overseas version could be more in line with a dual-cab Toyota HiLux or Ford Ranger sold in Australia, both of which measure around 5.3m long, 1.8m tall and 1.8m wide.

It's unclear whether a smaller Cybertruck would sit well with the many Australian buyers who have already put a deposit down on the incoming model – with a 2020 survey finding Australia to be the third largest market for the model after the US and Canada.

According to an Instagram poll conducted by CarAdvice, 55 per cent of potential buyers – at the time of writing – wouldn't be discouraged from purchasing a Cybertruck if it was similarly sized to a HiLux, compared to the 45 per cent who said they would "definitely" cancel their order if that was the case.

During the Tesla shareholder meeting, Musk said pre-orders for the Cybertruck had exceeded half a million.

"It's hard to say what the volume exactly would be for the Tesla Cybertruck," Musk said.

"The orders are gigantic, so, we have like, I don't know, well over half a million orders. I think maybe six-hundred thou... it's a lot, basically. We stopped counting."

The Cybertruck is set to enter production in late 2021 at a Tesla factory near Austin, Texas – with the site expected to have a production capacity of between 250,000 and 300,000.