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Photo: GM

Reservations for the first edition of GM's new electric Hummer revealed Tuesday night filled up in 10 minutes, according to spokesperson Mikhael Farah.

Driving the news: The page where you can plunk down $100 to reserve the $112,595 first edition, which arrives in late 2021, offers a waitlist. You can still reserve the less souped-up and less pricey versions going into production in 2022–2024.

  • But we don't know exactly how many reservations they took and, by extension, how many of the expensive first editions GM plans to produce. The company isn't saying, offering only that thousands are on the waitlist.

Our thought bubble: GM's refusal to disclose planned production volumes is likely a sign that the expensive, high-performance first edition is meant to build buzz and show off some technological concepts. It's probably not destined for high volume production.

Go deeper

GM to recall millions of vehicles with Takata air bag inflators

General Motors world headquarters in Detroit, Mich. Photo: Bill Pugliano/Getty Images

The National Highway Traffic Safety Administration announced Monday that General Motors must recall and repair any vehicle equipped with Takata air bag inflators, per AP.

Why it matters: The government agency said GM must recall nearly 6 million pickup trucks and SUVs from the 2007–2014 model years. Despite the automaker's multiple appeals to the NHTSA, this new regulation will cost the company around $1.2 billion.

14 mins ago - Sports

The end of COVID’s grip on sports may be in sight

Illustration: Aïda Amer/Axios

Packed stadiums and a more normal fan experience could return by late 2021, NIAID director Anthony Fauci said yesterday.

Why it matters: If Fauci's prediction comes true, it could save countless programs from going extinct next year.

Trump's 2024 begins

Trump speaking to reporters in the White House on Thanksgiving. Photo: Erin Schaff - Pool/Getty Images

President Trump is likely to announce he'll run again in 2024, perhaps before this term even ends, sources tell Axios.

Why it matters: Trump has already set in motion two important strategies to stay relevant and freeze out other Republican rivals.