The Cybertruck, Tesla’s highly anticipated electric truck, has garnered nearly 1.9 million reservations, according to data from a crowd-sourced tracker. However, with Tesla currently planning to produce 375,000 Cybertrucks per year, it could take over five years for the most recent batch of reservations to be fulfilled. Nevertheless, Tesla aims to increase production figures in the coming quarters to meet the high demand. During a recent investor call, Elon Musk expressed his excitement over the overwhelming demand, stating that it is beyond expectations. Analysts even project that Tesla will surpass 10 million deliveries by 2030 and triple its stock price by then.
In the meantime, for those who have not reserved a Cybertruck yet, booking one might seem uncertain. The unique design and promised high performance and advanced technology of the electric truck have received mixed reviews. Originally, Tesla had set a base price of $39,900 for the rear-wheel-drive model with a range of around 250 miles, with the price increasing to $69,900 for the all-wheel-drive trim that offers over 500 miles on a single charge. However, Tesla has removed all information about trims and pricing from its official website. Musk has hinted that the final price will be higher due to the challenges of the new manufacturing method associated with the Cybertruck. Some analysts estimate the sticker price to be close to $50,000.