The Tesla Cybertruck is an increasingly hot commodity in the EV realm – only, it doesn’t actually exist yet. The electric pickup truck has yet to enter production and, as of the latest tally from a fan forum, Tesla has accumulated a backlog of 1.2 million reservations. If we do the math, that means the new EV has generated more than US$80 billion ($101.7 billion) worth of reservations.
Tesla gave consumers a first look at the Cybertruck concept almost two years ago, and production was supposed to already begin on the latest EV. Notably, the futuristic-looking pickup truck received more than 250,000 reservations within one week of the unveil, and the momentum has yet to dissipate.
An online Cybertruck forum estimated reservations for the vehicle at more than 1 million back in May of this year. As of now, that forum estimates that Tesla has more than 1,270,000 reservations for the electric pickup truck. Based on their tally, the majority of reservations seem to be for the Dual Motor and Tri Motor versions of the Cybertruck. However, the Cybertruck has faced continued delays as Tesla focuses on increasing production and delivery of the Model Y.
Although Tesla has since removed a number of specs from the Cybertruck website (as well as pricing), the prices previously disclosed by the automaker put the average sale price of the Cybertruck at US$58,000 ($73,770). Prospective drivers have been able to reserve their Cybertruck with a US$100 deposit.
Currently, production estimates for the Cybertruck now land sometime late next year.