News Nation Logo

Tesla Cybertruck Orders Near 150,000 Just Days After Chaotic Launch

Shares In The Company Plunged 6.1 Per Cent Following The Truck’s Bumpy Launch And Several Lackluster Reviews.

PTI | Updated on: 24 Nov 2019, 07:48:47 PM
The industrial-looking Cybertruck is covered in the same steel alloy Musk plans to use for his SpaceX Starship rocket.

Los Angeles:

Tesla’s new electric pickup truck has secured almost 150,000 orders, the company’s chief executive Elon Musk boasted on Twitter, just two days after its big reveal went embarrassingly wrong. The billionaire Tesla co-founder floundered on stage in California on Thursday when the vehicle’s armoured glass windows cracked in a demonstration intended to prove their indestructible design.

Shares in the company plunged 6.1 per cent following the truck’s bumpy launch and several lackluster reviews. But on Saturday Musk tweeted that Tesla had already received 146,000 orders from prospective owners. "146k Cybertruck orders so far, with 42 per cent choosing dual, 41 per cent tri and 17 per cent single motor,” he wrote. The demand comes despite the product receiving “no advertising & no paid endorsement".

The industrial-looking Cybertruck is covered in the same steel alloy Musk plans to use for his SpaceX Starship rocket and will be able to go from 0 to 100 kilometers (62 miles) per hour in about three seconds, the Tesla chief executive claimed in his presentation.

He said the entry-level model will have a starting price of USD 39,900 and a 400-kilometer (250-mile) range, while a deluxe option will be able to travel twice the distance and will sell for USD 69,900.

No date has been given for its release, but analysts said it would not be ready before the end of 2021 at the earliest. Its space-age design is unlikely to challenge top-selling models by Ford and other conventional car companies, analysts warn.

For all the Latest Business News, Budget 2020 News, Download News Nation Android and iOS Mobile Apps.

First Published : 24 Nov 2019, 07:48:47 PM

Related Tags:

Tesla Cybertruck Elon Musk

Videos