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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

1 hour ago - Politics & Policy

Manchin's massive means test

Illustration: Aïda Amer/Axios

Sen. Joe Manchin (D-W.Va.) is offering progressives a trade: He'll vote for their cherished social programs if they accept strict income caps for the recipients, people familiar with the matter tell Axios.

Why it matters: Manchin’s plan to use so-called means-testing for everything from paid family medical leave to elder and disabled care would drastically shrink the size and scope of the programs. It also would bring a key moderate vote to the progressive cause.

The China whisperer

Nick Burns. Photo: Chen Mengtong/China News Service via Getty Images

President Biden's nominee for ambassador to China will face aggressive questioning Wednesday about the most important, and potentially perilous, bilateral relationship in the world.

Why it matters: While Nick Burns is an experienced diplomat with support on both sides of the aisle, lawmakers want to use his confirmation hearing to force the administration into some tough positions on China.

Jan. 6 committee recommends contempt charges against Bannon

Steve Bannon. Photo: Stephanie Keith/Getty Images

The House select committee investigating the deadly Jan. 6 Capitol riots unanimously approved a resolution Tuesday night recommending that former Trump aide Steve Bannon be held in contempt of Congress for refusing to comply with a subpoena.

Why it matters: The resolution sets up a House vote to refer Bannon for potential criminal prosecution, signaling that the committee will not tolerate attempts by former President Trump and his associates to stymie the investigation.