Tesla has over three years’ worth of Cybertruck orders, even if it were to produce them at a rapid production pace, as detailed in a statement from CEO Elon Musk reported by CNBC. The news comes after Tesla announced plans to stop accepting Cybertruck orders beyond North America earlier this month.

To be sure, Tesla’s Cybertruck is not even in production yet, and it won’t be until at least next year. Tesla plans to produce the Cybertruck at its Austin, Texas Gigafactory, where it’s just beginning to ramp up the production of its Model Y S.U.V.s.

"We have more orders of the first Cybertrucks than we could possibly fulfill for three years after the start of production," said Musk earlier this month at the Financial Times Future of the Car 2022 conference.

Musk also said demand for some of its vehicles exceeds production "to a ridiculous degree," which could cause Tesla to stop taking orders for other vehicles.

Currently, Tesla is only accepting Cybertrucks in the U.S., Canada and Mexico, as can be seen from the automaker’s website.

The original unveiling of the Cybertruck took place in 2019, and recent production timelines initially held that the electric truck would enter production at the end of this year. A handful of factors may be able to explain the delay, but one crucial challenge for Tesla’s Cybertruck is affordability, according to a tweet from Musk in March.

"Our primary challenge is affordability. Creating an expensive truck is relatively easy," said Musk, responding to a user about Cybertruck pricing.

Source: Re-posted and Summarized from Zachary Visconti at Evannex.

My Take: The Cybertruck is going to take the pickup truck market by storm.

Re Posted From: Tesla Has Over Three Years Worth Of Cybertruck Orders

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Tesla has over three years’ worth of Cybertruck orders, even if it were to produce them at a rapid production pace, as detailed in a statement from CEO Elon Musk reported by CNBC. The news comes after Tesla announced plans to stop accepting Cybertruck orders beyond North America earlier this month.

To be sure, Tesla’s Cybertruck is not even in production yet, and it won’t be until at least next year. Tesla plans to produce the Cybertruck at its Austin, Texas Gigafactory, where it’s just beginning to ramp up the production of its Model Y S.U.V.s.

"We have more orders of the first Cybertrucks than we could possibly fulfill for three years after the start of production," said Musk earlier this month at the Financial Times Future of the Car 2022 conference.

Musk also said demand for some of its vehicles exceeds production "to a ridiculous degree," which could cause Tesla to stop taking orders for other vehicles.

Currently, Tesla is only accepting Cybertrucks in the U.S., Canada and Mexico, as can be seen from the automaker’s website.

The original unveiling of the Cybertruck took place in 2019, and recent production timelines initially held that the electric truck would enter production at the end of this year. A handful of factors may be able to explain the delay, but one crucial challenge for Tesla’s Cybertruck is affordability, according to a tweet from Musk in March.

"Our primary challenge is affordability. Creating an expensive truck is relatively easy," said Musk, responding to a user about Cybertruck pricing.

Source: Re-posted and Summarized from Zachary Visconti at Evannex.

My Take: The Cybertruck is going to take the pickup truck market by storm.

Re Posted From: Tesla Has Over Three Years Worth Of Cybertruck Orders

Auto Helpers