If you want a brand new Tesla Cybertruck, you might be surprised to find that you can have one built and delivered to your home in as little as 10 days. While that sounds great for anyone looking to get one of these futuristic-looking trucks, it’s a worrying sign for Tesla. It suggests that demand for the Cybertruck is nowhere near what Tesla had hoped – and that’s a big problem for the company.
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Originally, the Cybertruck had a very long waiting list. Tesla once had more than a million people forking out $100 to reserve one. At the time, Elon Musk expected the Cybertruck to be sold out until 2027, meaning anyone who wanted one would have to wait years. But less than a year after production began, the situation looks very different.
Only about 2.5% of those over a million reservations were converted into actual orders. Now, instead of people lining up to get their hands on one, Tesla is trying to find new buyers. The initial hype has faded and what remains is a harsh market reality: Tesla has more trucks than buyers.
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Several new Cybertruck owners have shared their experiences online and the trend is clear: Tesla is delivering these trucks much faster than expected. For example, a recent buyer, Gabe Thompson, shared on social media that he ordered his non-Foundation Series Cybertruck on October 18. It was delivered to Dallas on October 29. He had no longstanding reservation; he simply went to Tesla’s website, ordered a $79,990 truck, and ten days later it was his.
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As Torque News reports, other new owners have similar stories. One person ordered on October 15 and had a delivery date of October 30. Another received his Cybertruck within three weeks of placing an order. The fact that Tesla can build and deliver these trucks so quickly suggests one thing: there aren’t many new orders in the pipeline.
So what happened to all the demand? Tesla fans who were once eager to pay for the Cybertruck appear to have backed away. Some Reddit commenters speculate that years of delays, rising prices, and changes to the truck’s design may have scared people off. After all, the end product is not exactly what was initially promised. It’s also possible that some people who reserved a truck years ago are no longer interested — or can’t justify the $80,000 price tag.
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If Tesla can’t build demand for the Cybertruck, the company could face some tough choices. They may have to scale back or pause production until demand picks up. This is in stark contrast to Tesla’s other models, such as the Model 3 or Model Y, which continue to sell well without reservation lists. The Cybertruck should have been a game-changer, but at this point it seems more like a gamble that didn’t pay off.
For anyone who wants a Cybertruck, this is probably the easiest time to buy one. But for Tesla, the ease of getting one points to a bigger problem: the demand just isn’t there, and the hype that once surrounded the Cybertruck might have faded into the sunset.
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This article If you want a new Tesla Cybertruck, you can have it built and delivered within 10 days. That’s Not A Good Thing For The EV Company originally appeared on Benzinga.com
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