Wednesday 27 November 2019

Tesla Cybertruck hits 250,000 pre-orders

Tesla Cybertruck hits 250,000 pre-orders

Despite the divisive design and not-fully-bulletproof windows, Tesla's futuristic Cybertruck is doing great, at least in terms of pre-orders. 

According to Tesla CEO Elon Musk, there have been 250,000 pre-orders for the vehicle so far. 

250k

— Elon Musk (@elonmusk) November 27, 2019

Given that a pre-order requires a $100 deposit, this has given Tesla a nice $25 million cash infusion. In terms of implied sales, this is at least $10 billion given the Cybertruck's starting price of $39,900. In reality, it's probably more, given Musk's breakdown of pre-orders which shows that most people choose the more expensive dual- and tri-motor variants, which cost $49,900 or $69,900.  Read more...

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