That's really $27,500. with the forfeiture of the tax credit.
Then, there is no guarantee that the price will remain under $80k. If there are thousands of customers willing to pay more, why reduce the price? Customer loyalty is
not one of Tesla's strong suites. There is NO Public Relations Department. When I asked for a local delivery, and reminded them it was my 9th Tesla. Their response was "So?". When I was in Thailand and they notified me that I had three days to pick up my Model Y, no amount of begging would change that. They said, "Pick it up or it will go to the next person in line." I returned early.
Is there any guarantee that Tesla might not just query the entire list of reservation holders in search of FOUNDATION SERIES customers? A good business model would do just that, especially to fill the coffers. In that case, one might be waiting for another two years or more.
Even if Tesla starts offering the dual-motor Cybertruck at the end of 2024, as some suggest, it will depend on where in line one might be on the reservation list. I reserved on the sixth day after the announcement and I was number 193,343. My truck is scheduled for delivery between 1 Apr and 1 Jun, so I scooted by thousands of people who were offered the FOUNDATION SERIES and declined. My friend reserved on the fourth day after the announcement, (number 70,162). He just received his VIN and his delivery is next week.
Current estimates are that Tesla is making 1,000 Cybertrucks a week, so I apparently slid by 193 weeks (that's 3.7 years) of non-Foundation reservations.
Even at their max volume goal of 4,000 units a week, that's a long, long wait. You can get a Rivian in 1-2 months
I will be paying for my Cybertruck with the money I made on Tesla Stock several years ago, so it is not really a "waste" for me. Many years ago, my young Lieutenant friend with his nice new yellow Corvette always said. "If you don't have a vehicle that will turn a few heads, why have one?"
Say you reserved in 2022 or 2023. Without bursting anyone's bubble, I don't even want to do the math on that one. The bulk of the remaining orders will be dual-motor. I am not sure that the single motor will ever see the light of day. So starting at the top of the list, let's say 1,000,000 reservations (not even 2), will be out there. Imagine the wait. By that time, you should be in line for a flying car.
Remember the $30,000 Model 3. Some people are still waiting for that one.
I am sure the price will drop with volume, but the resale is also not to shabby at present.
Used 2024 Tesla Cybertruck for Sale in Orlando, FL (with Photos) - CarGurus I sold my first Model Y after two years for $8000 more than I paid for it, and I have no reason to believe that I won't make back the $27,000 if I decide to sell after two years. There will still be a million people who want one.
I understand that it depends on each individual's situation, needs, and finances and I respect that. I crunched the numbers and decided I didn't want to sit back, relax, and wait for two or more years.
