Trucks

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

Tesla co-founder and CEO Elon Musk gestures while introducing the newly unveiled all-electric battery-powered Tesla 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.

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.