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Old 07-23-22, 09:11 AM
  #46  
bitkahuna
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so apparently tesla has taken 1.2 MILLION reservations for cybertruck, most in u.s./canada.

it's not about to cancel reservations in australia at least, probably because it realizes it has NO chance of fulfilling them in the next several years.

https://carbuzz.com/news/tesla-will-...k-reservations
Old 07-23-22, 09:30 AM
  #47  
swajames
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Originally Posted by bitkahuna
so apparently tesla has taken 1.2 MILLION reservations for cybertruck, most in u.s./canada.

it's not about to cancel reservations in australia at least, probably because it realizes it has NO chance of fulfilling them in the next several years.

https://carbuzz.com/news/tesla-will-...k-reservations
it’s reportedly over 1.5m reservations with some estimates being even higher. The numbers are probably buried in their SEC filings. Will have to have a look. Either way that’s a lot of future revenue.
Old 07-23-22, 09:42 AM
  #48  
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Cybertruck is like the Model X but 10 times more so. The X was delayed mostly because of the highly complex doors (which are awesome) Cybertruck is like that but on steroids the entire body structure is something that has never been attempted before. Because it's damn near impossible.

If it ever comes out it will be great, much lighter than other electric trucks and by then 4680's will be well along the refinement curve. Elon says middle of next year. Sure, Jan.
Old 07-23-22, 09:48 AM
  #49  
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Originally Posted by bitkahuna
so apparently tesla has taken 1.2 MILLION reservations for cybertruck, most in u.s./canada.

it's not about to cancel reservations in australia at least, probably because it realizes it has NO chance of fulfilling them in the next several years.

https://carbuzz.com/news/tesla-will-...k-reservations



Pre-orders really nothing here.
Old 07-23-22, 10:02 AM
  #50  
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Originally Posted by LexsCTJill

Pre-orders really nothing here.
well, apart from their being millions of them and a high likelihood that the majority will convert into sales and revenue.

you always seem to bring this up, and then when order banks open demand outstrips supply and continues to show the point to be moot, as it will be here. The cybertruck reservations are going to convert to orders, and those orders are going to convert to sales.
Old 07-23-22, 10:06 AM
  #51  
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Originally Posted by swajames
well, apart from their being millions of them and a high likelihood that the majority will convert into sales and revenue.

you always seem to bring this up, and then when order banks open demand outstrips supply and continues to show the point to be moot, as it will be here. The cybertruck reservations are going to convert to orders, and those orders are going to convert to sales.
Lexus is doing the same thing with the RX. It’s $1000. Not sure if it is refundable.



Old 07-23-22, 10:09 AM
  #52  
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People cancelling Cybertruck orders is about the last thing Tesla had to worry about.
Old 07-23-22, 10:10 AM
  #53  
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Originally Posted by LeX2K
People cancelling Cybertruck orders is about the last thing Tesla had to worry about.
If the reservation was non-refundable…. It would be far more relevant
Old 07-23-22, 10:14 AM
  #54  
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Originally Posted by LexsCTJill
If the reservation was non-refundable…. It would be far more relevant
Still wouldn't matter people are not cancelling Cybertruck orders en masse demand will far exceed supply for years.
Old 07-23-22, 10:22 AM
  #55  
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Originally Posted by LexsCTJill
If the reservation was non-refundable…. It would be far more relevant
In many places that might not be lawful. Deposits are required to be refundable in California, for example.

Pre orders are designed to help manufacturers gauge demand as much as they enable customers to secure a vehicle. Deposits on the other hand are designed to at least somewhat invest and engage the customer in the process to maximize the likelihood that the order converts into a future purchase.
Old 07-23-22, 10:27 AM
  #56  
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Originally Posted by swajames
In many places that might not be lawful. Deposits are required to be refundable in California, for example.

Pre orders are designed to help manufacturers gauge demand as much as they enable customers to secure a vehicle. Deposits on the other hand are designed to at least somewhat invest and engage the customer in the process to maximize the likelihood that the order converts into a future purchase.
The Lexus deposit is full refundable. (I just double checked). To me, all meaningless. Cybertruck too.

BUT…when it is not refundable…that is more meaningful.




Old 07-23-22, 10:34 AM
  #57  
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In that case it’s being characterized as a fee to place an order, and not as a deposit. If it were the latter, it would have to be refundable here. A subtle but important distinction, which no doubt comes with terms that make it clear that it is a fee and not a deposit.
Old 01-30-23, 05:25 PM
  #58  
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This explains a lot!

Last edited by Margate330; 01-30-23 at 07:07 PM.
Old 01-31-23, 07:58 AM
  #59  
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Originally Posted by Margate330
Great video! @mmarshall you need to watch this video as you love the exterior design so much.
Old 01-31-23, 10:41 AM
  #60  
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Originally Posted by Hameed
Great video! @mmarshall you need to watch this video as you love the exterior design so much.

I watched it. First, it sounded more like a company ad or PR than an actual engineering explanation. Second, while it may be true that the triangular frame-design and sheet-steel thickness gives it a strength-advantage, that pyramid-point does also contribute to substantially less space-efficiency than a traditional three-box pickup.


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