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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

Bernie Sanders: U.S. must recognize that "Palestinian rights matter"

Sen. Bernie Sanders. Photo: Stefani Reynolds via Getty Images

The United States must encourage an immediate cease-fire in the Middle East and adopt an "evenhanded approach" that recognizes Palestinians and Israelis have a right to "live in peace and security," Sen. Bernie Sanders (D-Vt.) wrote in a New York Times opinion on Friday.

Driving the news: Violence escalated this week after Israelis intensified efforts to evict Palestinians from their homes in Jerusalem. Hamas fired rockets and Israel massed troops, leaving more than 125 Palestinians and seven people in Israel dead.

4 hours ago - Technology

Exclusive: Uber makes new hire, launches anti-racism campaigns

Illustration: Aïda Amer/Axios

Eager to show progress on the pledge to make its platform and business anti-racist, Uber on Friday announced new anti-racism driver and rider campaigns, as well as fresh internal hiring practices, Axios was first to report.

Why it matters: Uber is one of the biggest ride hailing companies in the world. Its decisions impact the millions that use the platform, where drivers and riders alike say they have experienced racism.