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Tesla Cybertruck reservations peak at over 1 million units, Dual Motor most popular
An online Tesla Cybertruck reservation tracker shows that net reservations for the all-electric pickup have peaked at over 1 million pre-orders. The Cybertruck was unveiled in November 2019 and has accumulated an estimated 1,084,200 pre-orders so far, with the most popular variant being the Dual Motor All-Wheel Drive configuration.
An online Cybertruck reservation tracker that was created around the time of the November 2019 event has tracked nearly every pre-order of the all-electric pickup. It recently crossed the 1,000,000 reservation mark, making it one of the most anticipated Tesla vehicles of all time, without a doubt. Due to its interesting, unorthodox, and robust look, the Cybertruck attracted curiosity from all walks of life: EV owners, pickup owners, and even those who have not yet obtained a driver’s license. However, the demand for the Cybertruck points to one thing for sure, the employees at Giga Texas will be busy, and they’re going to be producing Cybertrucks in massive volumes for years to come.
Elon Musk shares update on SNL appearance, says everyone is being friendly
According to the reservation tracker, there are 1,084,200 estimated reservations for the Cybertruck. The most popular variant is the Dual Motor All-Wheel-Drive configuration that packs over 300 miles of range, a 0-60 MPH time of less than 4.5 seconds, a towing capacity of over 10,000 pounds, and costs $49,990. 48% of reservation holders have chosen this Cybertruck variant, while 44.5% have chosen the Tri-Motor configuration. Only 7.5% have gone with the Single Motor build; Tesla has stated that it will produce this vehicle in late 2022, a year after Cybertruck production is expected to begin.
Credit: Cybertruck Reservation Tracker
It appears that several sources have indicated that an increase in pre-orders may have occurred recently due to the fresh unveiling of Ford’s all-electric F-150 Lightning. Gali of HyperChange pointed out that some electric truck buyers may have been waiting for Ford to unveil their specs of the F-150 so they could decide what vehicle to purchase. While Rivian is also floating out there with imminent deliveries of the R1T, some buyers may be waiting for the Normal, Illinois-based company to deliver a few thousand units to examine build quality, advantages and disadvantages of the car, and how much other drivers enjoy the Rivian platform.
Gali believes that the Cybertruck’s premium specs were an indication that it was a better option than the F-150, according to truck buyers.
“What it boils down to is, if you’re buying this F-150, you’re paying a premium to the Cybertruck at every level,” Gali said. “You’re paying more money for a car with less range, less towing capacity, less speed.”
Additionally, analyst Gary Black stated that Tesla was “flooded with inquiries following Ford F-150 EV event last week,” according to a Tesla salesperson in Chicago. “Orders for all models are through the roof,” Black said.
Retweeting. I spoke with my $TSLA salesperson in Chicago. TSLA got flooded with inquiries following Ford F150 EV event last week. Orders for all models are through the roof. Last week’s $500 price hike on M3 and M-Y models are to adjust supply/demand imbalances into qtr-end.
— Gary Black (@garyblack00) May 25, 2021
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The Cybertruck is slated for a late 2021 production date, but CEO Elon Musk does believe that volume production will begin at Giga Texas next year. If we get lucky, we’ll be able to do a few deliveries toward the end of this year, but I expect volume production to be in 2022,” Musk said.
Check out Gali of HyperChange’s thoughts on the Cybertruck’s comparison to the F-150 Lightning below!
What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
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This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
