Tesla Cybertruck Orders Hit 146K in Two Days

[P3dStealth]

Model 3 had 420 thousand reservations at one point.

Tesla still has not sold 420k model 3. The reservation list was completed sometime last year. They likely had a large cancellation rate and it was a 10x higher payment.

 

[Curious George]

I am a gambling man. Would you like to wager? Even money. Any amount. We can set it up the through an independent peer to peer site.

What exactly is the wager? If we go by what happened with Model 3, the roll out will be by model, geography, paint, wheel, etc. etc. and production may begin only after 2021. It will be a long long time before the total trucks on road can be settled. Then, at some point, Tesla will stop telling ppl how many reservations are left.

Model 3 had 420 thousand reservations at one point.

Tesla still has not sold 420k model 3. The reservation list was completed sometime last year. They likely had a large cancellation rate and it was a 10x higher payment.

It was reported to be 455,000 at 16 months. 420K was after 28k was already delivered.

Tesla Model 3 net reservations clarified after 16 months: 455,000
The list wasn't completely empty, as SR and SR+ was not delivered last year, IIRC. But I think those didn't sell that many in 2019.
I know a few people who still have their deposits in there but have no intention to buy the car. They think they are supporting the company by doing this.

 

[MichaelP90DL]

How much do you think GM, Ford or Dodge would like to have 187K in reservations for any of there pickups? They don’t have buzz like Tesla. The Big 3 were probably were laughing with the Cyber reveal, but not now!

EXACTLY RIGHT!

 

[P3dStealth]

EXACTLY RIGHT!

Totally wrong ford would laugh at 187k reservations. They would be going bankrupt on that. They don't need reservations they deliver that many trucks in less than three months.

I am not a ford fan but you are talking about a company that sold 909,330 F-Series pickups in the U.S. alone in 2018. I am sure they don't care about 187k reservations that were $100. Its prob a joke to them.

 

[MichaelP90DL]

Totally wrong ford would laugh at 187k reservations. They would be going bankrupt on that. They don't need reservations they deliver that many trucks in less than three months.

I am not a ford fan but you are talking about a company that sold 909,330 F-Series pickups in the U.S. alone in 2018. I am sure they don't care about 187k reservations that were $100. Its prob a joke to them.

...In three days.

 

[180r]

Musk: 200K

 

[Zorg]

Totally wrong ford would laugh at 187k reservations. They would be going bankrupt on that. They don't need reservations they deliver that many trucks in less than three months.

I am not a ford fan but you are talking about a company that sold 909,330 F-Series pickups in the U.S. alone in 2018. I am sure they don't care about 187k reservations that were $100. Its prob a joke to them.

Well, if Tesla sells 200k trucks a year, most if them will be stealing sales from Ford. I am pretty sure that Ford would not be pleased one bit, which is exactly how they feel today.

 

[Darthbenji]

Any deposit can be refunded. It was the same with the 3 as it is with the Y. The point is that there’s interest. So, 200k is better than 20k.

 

[Doc Brown]

Well, if Tesla sells 200k trucks a year, most if them will be stealing sales from Ford. I am pretty sure that Ford would not be pleased one bit, which is exactly how they feel today.

I don’t think so. The "informal" poll in here suggests most orders are from people who never owned a pickup. Very few from current full-size pickup owners. It’s not surprising that some people ordered one of each variant - to have a chance of whatever gets built first. My guess is Tesla will steal some of its own X and Y customers with the truck.

 

[Zorg]

I don’t think so. The "informal" poll in here suggests most orders are from people who never owned a pickup. Very few from current full-size pickup owners. It’s not surprising that some people ordered one of each variant - to have a chance of whatever gets built first. My guess is Tesla will steal some of its own X and Y customers with the truck.

We will all find out in a couple years.

 

[Jackl1956]

I believe the market is dramatically underestimating the utility of these trucks. Construction firms do not care about looks nor styling...when they crunch the numbers, they will purchase.

Those things said, the flat surfaces of these trucks are blank canvases for corporate advertising; branding a company as forward thinking.

I’m buying the dip.

 

[RonFTW]

Totally wrong ford would laugh at 187k reservations. They would be going bankrupt on that. They don't need reservations they deliver that many trucks in less than three months.

I am not a ford fan but you are talking about a company that sold 909,330 F-Series pickups in the U.S. alone in 2018. I am sure they don't care about 187k reservations that were $100. Its prob a joke to them.

That’s an unbelievably elementary way of looking at it.

Everyone was laughing at 200k model 3 reservations too right?

 

[MichaelP90DL]

That’s an unbelievably elementary way of looking at it.

Everyone was laughing at 200k model 3 reservations too right?

Correct. And Mercedes-Benz and BMW can attest to what a mistake that was.

 

[meomyo]

I would rsther have the CT then the model 3 anyday!!!! I think hardcore truch users wont be interested but hummer type people will be.

 

[Chuq]

The reservation list was completed sometime last year.

How is "completed" defined? There are still many reservations holders who have not ordered but not cancelled. I have a reservation but still have not placed an order. I don't believe Model 3 orders have opened up in all markets where reservations were accepted. In Australia (as an example - probably many others) you can't order the "off-menu" SR, for example.

 

[whitex]

"Better, Faster, Cheaper"Nobody's going to put anything down on something they don't want or can't ever afford.

Not true. A number of people put $1,000 down on a Model 3 reservation with the sole purpose of trying to sell their reservation (their place in line) once they are up to order - ebay was swimming in $3,000 reservation spots for a while - the risk is low as you can always just get your deposit back if you don't sell your place in line. With only a $100 refundable deposit the cost so much less than Model 3 speculation, AND there is an added (at least perceived) bonus of locking the price against any unexpected price hikes or even inflation. I overheard some people at a casino on Friday night talking how they each got themselves a Cybertruck reservation, with no interest of buying the truck, purely to sell their place in line when the time comes. Same guys talked about their speculating with crypto-currencies too (they called it "investing").

If Tesla fixes their parts and service troubles, I might be in a market for Model S, or maybe even Model 3 SR. I would give Tesla two $100 refundable deposits if I could lock the Model S P100D and Model 3 SR price today - it doesn't mean I will buy them, but $100 loan is worth locking the prices. Heck, I'd give them 5 additional $100 refundable deposits if they let me lock down 5 Model 3 SR's at $35K for up to 4 years - if the price goes up, I can easily sell my reservations for half the price difference. If the price goes down or stays the same, or nobody buys them, I ask for a refund.

PS> I personally don't think cybertruck reservations guarantee the prices, but some people do.

 

[Plug Life]

How much do you think GM, Ford or Dodge would like to have 187K in reservations for any of there pickups? They don’t have buzz like Tesla. The Big 3 were probably were laughing with the Cyber reveal, but not now!

Ford sold 900,000 F pickups in 2018... they don’t really need reservations...

 

[mhpr262]

I dont think we are going to see many order cancellations and deposit refunds. You either really hate this truck (and would never put down a deposit) or you really love it. And this time people KNOW there will be no tax credit unlike with the Model 3 where it ran out in the middle of productiokn.

 

[P3dStealth]

I would rsther have the CT then the model 3 anyday!!!! I think hardcore truch users wont be interested but hummer type people will be.

I have had a Hummer for 16 years now.. If GM makes an electric version I'm buying it. I've driven that thing off-road like you would not believe. I've towed my sxs across the country. It has 155k miles now and it's never left me stranded.

Drives like crap compare to my model 3 though. I hate driving it now.

I reserved a cybertruck but have no intention of buying it right now. I just wanted a spot on the line in case my mind changes. Its not that I don't like the look or the speed. It's that I have a model 3 for the sporty driving and if I ever want to run something over I have the Hummer. If I ever want to move a couch (never) I take the Tacoma. The Tacoma also drives like poop compare to the 3.

I also reserved a model 3 day one and canceled like 1.5 years later. Then I bought a performance stealth last week. Don't know what that says about the reservations but I also know two people that never got theirs so I assume they cancelled.

I got the free model 3 day one artwork though.

 

[Bobbo8]

I have had a Hummer for 16 years now.. If GM makes an electric version I'm buying it. I've driven that thing off-road like you would not believe. I've towed my sxs across the country. It has 155k miles now and it's never left me stranded.

Drives like crap compare to my model 3 though. I hate driving it now.

I reserved a cybertruck but have no intention of buying it right now. I just wanted a spot on the line in case my mind changes. Its not that I don't like the look or the speed. It's that I have a model 3 for the sporty driving and if I ever want to run something over I have the Hummer. If I ever want to move a couch (never) I take the Tacoma. The Tacoma also drives like poop compare to the 3.

I also reserved a model 3 day one and canceled like 1.5 years later. Then I bought a performance stealth last week. Don't know what that says about the reservations but I also know two people that never got theirs so I assume they cancelled.

I got the free model 3 day one artwork though.

Teslas not looking to convert Middle Aged and seniors. They are winning the 20 somethings, the future pickup buyers. Thats the audience that any manufacturer wants the most. Its the FUTURE!! If the Big 3 lose even a fraction of pickup sales it will hurt and going into the future Tesla leaves them behind.