Tesla is quickly converting its 1 million Cybertruck reservations into orders, accelerating the pace as customers finalize their configurations.
Cybertruck Backlog Surpasses 1 Million Bookings
According to the people Tesla is inviting to configure their Cybertrucks, the company is moving quickly through its massive backlog of more than 1 million bookings.
Despite widespread mockery of the Cybertruck's design, Tesla nonetheless managed to secure over a million bookings following the vehicle's unveiling.
Considering that Tesla lowered the Cybertruck deposit cost to $100 (from $500 to $40,000 depending on the vehicle program prior), these reservations clearly do not reflect the best intentions to buy.
Reservation Holders May Reconsider Purchases
In addition, some reservation holders would likely decide against purchasing the Cybertruck due to the higher price and reduced range offered by the production version that Tesla presented.
The Cybertruck with two motors costs $80,000, but the only version available from Tesla right now is the "Foundation Series" model, which adds $20,000 to the price by lumping all the options together.
It turns out that most people wanted the two Cybertruc models with two motors and three motors, but Tesla is only offering them with the Foundations Series.
However, Tesla is already struggling to attract new customers for the Foundation Series, even though the company has had over a million bookings for the Cybertruck for the past three years and has only sold an estimated 15,000 to 20,000 of them.
Tesla Reaches Out to New Customers
According to multiple sources received by Electrek, Tesla is contacting Cybertruck reservation holders who placed their reservations within the past year in an effort to turn their reservations into orders.
Sometimes, customers who have already received their Cybertrucks are requested to customize a second one, even though they had numerous bookings.
A customer from Texas who contacted Electrek last month made a reservation and, two weeks later, got a configuration invitation.
The announcement that Tesla will soon stop making solely "Foundation Series" Cybertrucks was made during the company's earnings call last month.


Elon Musk Confirms SpaceX, xAI, and Tesla Will Continue Large-Scale Nvidia Chip Orders
Nvidia's Jensen Huang Forecasts $1 Trillion in AI Chip Demand Through 2027
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores
Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release
HSBC Considers Cutting 20,000 Jobs Amid AI-Driven Transformation
Micron Technology Plans Second Taiwan Chip Facility to Meet AI Memory Demand
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity
EA's $15B Debt Offering Draws $25B in Investor Demand Amid Credit Market Turmoil
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
Meta Eyes Massive Layoffs to Fund AI Ambitions
xAI Faces Lawsuit Over Grok AI-Generated Sexual Content Involving Minors
Trump White House Unveils National AI Policy Framework for Congress
Tesla Eyes $2.9 Billion in Chinese Solar Equipment to Power 100 GW U.S. Manufacturing Push
Nvidia Develops Groq AI Chips for Chinese Market Amid Export Shift
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors
Netflix Eyes South Korea for More Live Events as BTS Concert Livestream Approaches
OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI 



