Elon Musk: Tesla Cybertruck already has 200,000 pre-orders

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Tesla Cybertruck
Enlarge / You wanted the future? Here it is.

When Tesla unveiled its new pickup truck last Wednesday, many critics blasted it as ugly and impractical. But despite these criticisms, more than 200,000 people have put down a $100 deposit to reserve a spot in line for the new vehicle, Tesla CEO Elon Musk announced on Sunday.

All-electric designs have helped every Tesla vehicle stand out from its competition, but Tesla’s Cybertruck is unconventional even by Tesla’s standards. Other pickup trucks are boxy, with a square cabin in the front and a flatbed in the back. The Cybertruck has a triangular design that looks a bit like the DeLorean in Back to the Future.

The new pickup is expected to begin production in about two years. Tesla says it will start at $39,900 for a model with 250 miles of range. A high-end model with 500 miles of range, three motors, and a 0-60 time of 2.9 seconds will cost $69,900.

The signup rate for Cybertruck pre-orders—200,000 orders in four days—isn’t quite as impressive as for the Model 3 in 2016. Tesla had received 150,000 pre-orders for the Model 3 within hours of the unveiling event and had 275,000 orders in hand a few days later.

Moreover, that comparison comes with a huge caveat: reserving a Model 3 required a $1,000 deposit, helping to ensure that only serious customers would put down a deposit. By contrast, Tesla is only asking Cybertruck purchasers to put down $100—a much lower level of commitment. So customer interest in the Cybertruck, while impressive, does not seem to be at Model 3 levels.

Interestingly, Tesla took the opposite tack when the company unveiled its Model Y SUV earlier this year: it asked for pre-order deposits of $2,500. That may be a good way to gauge which customers are serious about buying a vehicle, but it isn’t a good way to generate impressive sign-up numbers. As far as I can tell, Tesla hasn’t released any statistics on Model Y pre-orders.

https://arstechnica.com/?p=1623251