Tesla appears to have opened the floodgates when it comes to Cybertruck deliveries. Up until today, it has been exceedingly difficult for Cybertruck reservation holders to convert their reservations into final orders.
Unlike any other vehicle, if you want to buy a Cybertruck, you can’t simply go to Tesla’s website, configure a Cybertruck to your liking and purchase the vehicle.
Instead, you can only convert your Cybertruck reservation into a binding order if you receive an email from Tesla inviting you to a private website where final Cybertruck orders take place.
Tesla has used this system to prioritize Cybertruck deliveries to those who first reserved the vehicle. Given Tesla has over 1 million Cybertruck reservations, this invite-to-order approach has been understandable.
However, nine months after Tesla started deliveries, it appears that the EV maker has worked through the entire backlog of Cybertruck reservations, and now almost anyone with a Cybrtruck reservation is able to buy the vehicle.
Not only that, but Tesla is allowing people with multiple Cybertruck orders to configure their vehicles and potentially take delivery of ten or twenty Cybertrucks at once.
One person who was surprised by this change of policy is Matthew Donegan-Ryan. Matthew wrote on X, “I reserved a couple dozen Cybertrucks after the unveiling. About half of them are now ready to configure. I imagine anyone who wants to pay for a Foundation Series Tesla truck will be able to order one for delivery in 2024.”
I reserved a couple dozen Cybertrucks after the unveiling.
About half of them are now ready to configure.
I imagine anyone who wants to pay for a Foundation Series Tesla truck will be able to order one for delivery in 2024. pic.twitter.com/WNR4FizeR9
— Matthew Donegan-Ryan (@MatthewDR) August 2, 2024
Below his post, Mathew shared a video of his Tesla app showing 15 out of the 24 or so Cybertrucks he has ordered are now ready to configure. In addition, Matthew shared an email he received from Tesla with the title “Your Foundation Series Cybertruck is ready.”
Although not binding, Tesla treats Cybertruck reservations as orders, and when Matthew receives the invitation, Tesla’s communication reads, “Your Cybertruck is ready for delivery.”
So how many Cybertruck is Matthew going to take delivery of? This is the exact question people in the comment sections asked, and according to Matthew, he will only be buying a single Cybertruck for now.
Naturally, people were curious why Matthew ordered 24 Cybertrucks if he only needed one. For a long time, since it only took a refundable $100 to reserve a Cybertruck, many people reserved multiple Cybertrucks. There were even reports that some people had ordered hundreds of Cybertrucks.
However, in Matthew’s case, he says he “originally reserved all the Cybertrucks for use as CyberCabs, but now there will be a dedicated vehicle for that.”
Here, Matthew is referring to Tesla’s upcoming dedicated robotaxi, which the company is internally referring to as the CyberCab. Given that Tesla is designing a smaller, built-from-the-ground-up robotaxi, it doesn’t make financial sense to use the Cybertruck in that manner.
This is Matthew’s case; however, what does this mean for Cybertruck demand going forward? Our article yesterday discussed all the signs that Tesla is struggling to convert Cybertruck reservations into sales.
Not only people with multiple Cybertruck orders but also people who only reserved a Cybertruck last month are reporting that they have gotten the invite to configure their Cybertrucks.
As of the writing, all evidence points towards Tesla having most likely finished going through the entire Cybertuck reservation backlog.
What’s next for the Cybertruck?
Now that almost anyone who orders a Cybertruck can purchase it, Tesla's next move is to make the Cybertruck available outside the US.
Interestingly, unlike all other Tesla vehicles, which are designed to meet the superset of all worldwide regulations, the Cybertruck was only designed to meet North American regulations.
Elon Musk has previously said that homologating the Cybertruck for the Chinese and European markets will take a lot of work. During the recently held Tesla Shareholders’ meeting, Elon Musk further elaborated, stating, “Tesla will make a special version of the Cybertruck next year that’s Europe & China complaint, but the vehicle will need design changes and recertification.”
Having said that, Musk believes that the current two priorities are ramping up Cybertruck production in the US and making the vehicle profitable.
In the meantime, Tesla has confirmed that the EV maker is still working to launch the Cybertruck in Canada before the end of the year.
End of Foundation Series Cybertruck
Another short-term demand driver for the Cybertruck is the end of the Foundation Series program. Currently, Tesla only sells fully loaded Cybertruck variants with FSD, Power Share equipment, free lifetime premium connectivity, and other perks.
However, Tesla is expected to start production of the regular Cybertruck variants by the end of the year. The non-Foundation Series Cybertruck will be stripped of some bells and whistles for a $20,000 discount.
After the $20,000 price reduction, the regular variant Cybertruck AWD will start at $79,900. This means the vehicle will qualify for the $7,500 EV federal tax incentive, lowering the price to $72,500.
Overall, it’s surprising to see Tesla allowing a single individual to order 15 Cybertruck at once. And we’ll be sure to keep you posted as Tesla’s Cybertruck sales strategy evolves.
Until then, visit our site, torquenews.com/Tesla, regularly for the latest updates.
So, what do you think? Are you surprised to see how easy it has become to order and take delivery of a Cybertruck? What do you think this means about the demand for Cybertrucks? Let us know your thoughts in the comments by clicking the red “Add new comment” button below.
Image: Screenshot from Joe Tegtmeyer’s YouTube channel
For more information, check out: A Refreshed Tesla Model S With 2nd-Gen Roadster Style Front End & Refreshed Model 3 Wheels Spotted Testing in The Wild
Tinsae Aregay has been following Tesla and the evolution of the EV space daily for several years. He covers everything about Tesla, from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.
Comments
Only 3% of the population…
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Only 3% of the population can afford $120 grand for a vehicle. And if one does the math that means Tesla has sold foundation series to everyone in the first 2 million reservations who can afford it. And is now working through the second million signed up after launch. A lot of people who might afford a foundation series truck probably did not even bother to make a reservations, thinking it would take to long. This is where a little advertising might help Tesla by letting that top 3% know that they can get a foundation series asap.
Probably 60% of the folks who signed up were hoping for that 39,000 truck.
This leaves 37% wanting something in between with 20% at the 50 to 60 thousand level and 10% at the 70 to 80 thousand level and 7% at the 90 to 110 thousand level.
Therefore at least 1 1/2;million reservations will still be waiting one or two more years for a more affordable version of CyberTruck.
The Legacy auto companies use branding and trim packages to differentiate their value trucks from deluxe models. Tesla has yet to demonstrate this knowledge.
Perhaps they can come out with a stripped and basic Cyberpunk Truck for $40grand in 2026.