Updated Nov 24, 2019

Elon Musk: Tesla already has 187,000 orders for the Cybertruck

Elon Musk introduces the Tesla Cybertruck on Thursday. Photo: Frederic J. Brown/AFP via Getty Images

Tesla CEO Elon Musk tweeted Sunday that the company had received 187,000 orders for its Cybertruck, two days after launching the electric pickup truck.

Yes, but: The orders require only a $100 refundable deposit, so these numbers are an interesting but imperfect gauge of how many Cybertrucks Tesla will ultimately sell.

The big picture: Tesla expects production to begin in late 2021, with output on the high-end version to start a year later. Per Axios' Ben Geman, there are three models:

  • A base single-motor rear-wheel-drive model starting at $39,900 with a 250-mile range; a dual-motor all-wheel-drive version with a 300-mile range that starts at $49,000; and a top-end "tri-motor" all-wheel-drive version that starts at $69,900 that can travel 500 miles on a full charge.
  • The high-end model goes from 0 to 60 in 2.9 seconds and has a towing capacity north of 14,000 pounds, Tesla said. The base model tows at least 7,500 pounds and goes from 0 to 60 in 6.5 seconds.

Go deeper: Tesla ushers in the electric pickup moment

Editor's note: This article has been updated with new information on the deposit amount for the Cybertruck.

Go deeper

Tesla ushers in the electric pickup moment

Photo: Tesla

Tesla unveiled its futuristic "Cybertruck" at an L.A. event on Thursday that was heavy on light shows, yet analysts remain in the dark about the future of electric pickups — and Tesla's role in it.

Why it matters: The event was the splashiest sign yesterday that automakers are moving closer to bringing electric models to the huge pickup market.

Tesla debuts its first electric pickup truck

Tesla co-founder and CEO Elon Musk unveils the all-electric battery-powered Tesla's Cybertruck at Tesla Design Center in Hawthorne, California on Nov. 21. Photo: FREDERIC J. BROWN / Contributor/Getty Images

Tesla CEO Elon Musk revealed the car maker's long-promised electric pickup truck, dubbed the "Cybertruck," on Thursday night in Los Angeles, Calif. near Space X's rocket factory.

Why it matters: "With the launch, Tesla is edging into the most profitable corner of the U.S. auto market..." AP writes. Pickup trucks account for one in every six cars sold in the U.S., per the Drive and the category is valued at nearly $80 billion, according to a 2018 Cox Automotive study.

Go deeperArrowNov 22, 2019

Tesla to debut its long-awaited electric pickup truck

Tesla will take the wraps off its long-awaited pickup truck in Los Angeles Thursday night.

Why it matters: Pickups are enormously popular with U.S. consumers, but Tesla will have competition in this space even if electric trucks become a thing. Ford and GM are also both working on models, too.

Go deeperArrowNov 21, 2019