Elon Musk Reveals Tesla Cybertruck Is Sold Out Until 2027
Tesla first unveiled the Cybertruck back in November 2019. At the time, Musk said production for the Cybertruck will begin in 2021. However, due to the COVID-19 pandemic and the ensuing supply chain disruptions and parts shortage, Tesla has been forced to delay the futuristic truck.
Currently, all the available information suggests Tesla will not begin Cybertruck production until late 2023 with volume production and first deliveries not starting until 2024. This makes the Cybertruck over 2 and half years late.
However, Tesla has used the extra time to perfect the Cybertruck adding new features such as handless doors and rear-wheel steering to the futuristic truck. Elon Musk has also announced there will be a new quad motor Cybertruck variant with even better performance.
Initial production will be 4 motor variant, with independent, ultra fast response torque control of each wheel
— Elon Musk (@elonmusk) December 3, 2021
Currently, Tesla hasn’t officially shared specs for the quad motor Cybertruck but insider leaks suggest the vehicle will have a 0 to 60 time of under 2 seconds. This would make the Cybertruck the second-quickest production vehicle in the world, only perhaps beaten by Tesla’s other vehicle, the Model S Plaid.
This will certainly make the Cybertruck even more exciting when it eventually starts deliveries in late 2023 or early 2024. However, as we wait for the Cybertruck, several other electric pickup trucks from new startups and legacy automakers have started deliveries or will do so in the next few months.
Rivian’s R1T and the Ford F-150 Lighting have already started deliveries with incredible performance and price points, respectively. General Motors is also slated to begin selling the Hummer EV in the fall of this year.
Some have suggested all the new electric trucks coming to the market before the Cybertruck will decrease interest in Tesla’s recycled cold-rolled stainless steel exoskeleton vehicle. And this is exactly the question Elon Musk received during his latest interview with Financial Times.
Musk asked if he was worried about the competition in the electric truck market and simply answered “no”. This is somewhat expected however, what was more surprising was Musk added that Tesla has enough reservations to fill production for 3 years.
This means if deliveries begin in early 2024 then a new buyer who orders a Cybertruck today will not get his/her vehicle until 2027. Even though disappointing for individuals who have yet to reserve the Cybertruck, given Musk has called the Cybertruck Tesla’s “magnum opus” it’s not at all surprising there is this much demand for the futuristic vehicle.
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The last official word we heard regarding Cybertruck reservations was back in 2020 at Tesla’s Battery Day presentation. At the time Musk put the Cybertruck reservation numbers at around 600,000.
Musk has also said Tesla will target to produce 250,000 to 300,000 Cybertruck’s a year. And 3 years of production will put Cybertruck reservation somewhere between 750,000 and 900,000.
What’s even more interesting is that 900,000 reservations is the lowest number we have so far. some crowd-sourced Cybertruck reservation trackers have put the number as high as 3 million reservations.
As of now, it’s difficult to say exactly how many Cybertruck reservations Tesla has in the books. However, we will be sure to keep you posted as we get better information. Until then, make sure to visit our site torquenews.com/Tesla regularly for the latest updates.
So what do you think? Excited that Tesla has enough Cybertruck orders to last them until 2027? What proportion of the reservations do you think will translate to actual sales? Let me know your thoughts in the comments below.
Image: Courtesy of Tesla
For more information check out: Tesla Planning to Stop Taking New Vehicle Orders
Tinsae Aregay has been following Tesla and The evolution of the EV space on a daily basis for several years. He covers everything about Tesla from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.