Tesla CEO Elon Musk treated us to another reservation update on twitter, letting us know that the Cybertruck has now broken 250,000 pre-orders.
The update comes less than a week after the truck’s reveal.
Not only is the new number huge for less than a week of sales, but the rate at which reservations are coming in seems to be holding strong.
Tesla got 41,000 reservations in ~23 hours between Saturday and Sunday. This new number represents an increase of 50,000 in 49 hours since Musk’s last update on the matter.
That 50,000 reservations could be worth a minimum of $2 billion in potential revenue – if everyone follows through and orders the truck, even at base model prices. Which they won’t, there will be dropouts and some will order higher option levels.
This represents a drop in reservation rate, as should be expected, but the point is that there are still a lot of people getting in line for this unreleased truck even after several days. In general, especially with such a low, $100 bar of entry, one would expect takers to be quite front loaded.
Source: Electrek