Tesla Cybertruck reservations reach $80 billion based on latest tally

Tesla Cybertruck reservation backlog reaches $80 billion in value based on latest tally

Electrek.co by Fred Lambert

[{"selector":"#anim-f1721933-f1b1-4146-858f-0df683e0990c","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.

[{"selector":"#anim-770019ea-2b3b-4d74-ad70-bfe026aaecf8","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] But there’s still no production in sight. Tesla unveiled the Cybertruck almost two years ago to the day.

[{"selector":"#anim-8dc225ba-6fb0-4b31-bc45-71a640248237","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y production.

[{"selector":"#anim-90e982dd-abbc-4bc8-bb0a-a2f61b2b7677","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Tesla’s best estimate now puts the start of Cybertruck production in late 2022.

[{"selector":"#anim-ca887d79-5a5a-42f3-b205-2cc8895bce30","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] In the meantime, Tesla is still taking reservations for the electric pickup truck.

[{"selector":"#anim-69d90607-3cd8-41a9-80ea-98af06827602","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The Cybertruck reservation program has been quite successful. CEO Elon Musk announced that Tesla received over 250,000 reservations for the Cybertruck within a week of unveiling the vehicle.

[{"selector":"#anim-c6eb5345-f7e8-4cb9-95ce-6a8f12f737aa","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Generally, Tesla receives a lot of reservations early after an unveiling, and then it tapers off — but that wasn’t the case with the Cybertruck.

[{"selector":"#anim-89d34e2e-2b96-4474-9455-900241bffedb","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] See a complete breakdown of the pre-order number tallies and learn more at Electrek.co.