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Tesla Cybertruck pre-order estimates point to crazy demand for all-electric pickup
The entire auto industry turned its head when Tesla unveiled the Cybertruck last November. Created and designed unlike any other pickup truck in the market, the Cybertruck represented Tesla’s rebellious streak in its most unabashed form. And if the number of reservations for the vehicle is any indication, it appears that Tesla’s gambit with the pickup actually worked.
Just days after the Cybertruck’s unveiling, Elon Musk noted on Twitter that the vehicle had already received about 250,000 reservations. Musk did not explain if the number he quoted had been adjusted for reservation holders who accidentally ordered the pickup multiple times, but the number was impressive nonetheless. It showed, if any, that there is ample interest in the Cybertruck, its angular design notwithstanding.
Considering the Cybertruck’s growing popularity, it is not surprising that the all-electric truck eventually spawned a dedicated online group. Dubbed the Cybertruck Owners Club, the group presented an opportunity for future owners of the vehicle to interact with each other. The group also started an initiative to track the estimated number of Cybertruck reservations that Tesla has received to date.
So far, the group’s crowdsourced tally has listed the Cybertruck’s total reservations at approximately 622,000 since the vehicle was unveiled. These figures definitely seem optimistic, but it does go in line with CEO Elon Musk’s statements during the first-quarter earnings call, where he briefly discussed the Cybertruck’s demand. When asked by Loup Ventures’ Gene Munster about the Cybertruck’s reception so far, Musk stated that the demand for the all-electric pickup has been unprecedented.
“I think we don’t comment on those detailed numbers, except the demand is just far more than we could reasonably make in the space of, I don’t know, three or four years, something like that. So, the thing we’re going to be really focused on is increasing battery production capacity because that’s very fundamental because if you don’t improve battery production capacity, then you end up just shifting unit volume from one product to another, and you haven’t actually produced more electric vehicles,” Musk said.
If the aggregated data from the Cybertruck Owners Club proves accurate, the current reservations for the upcoming vehicle are dominated by orders for the Dual-Motor and Tri-Motor variants. This bodes well for Tesla, as the company tends to start its production ramp with a vehicle’s premium options. The group’s figures also hint at the Cybertruck’s mass appeal, as the majority of reservation holders seem to find more value in the truck’s more powerful versions than its entry-level Single-Motor RWD variant, which starts below $40,000.
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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.
Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.
As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.
The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.
READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site
Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.
During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.
Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.
Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
Tesla highlights the Megapack site replacing Hawaii’s last coal plant
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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama
Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.
Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.
Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.
Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will…
— Doug Ford (@fordnation) February 3, 2025
Ford said on X today that Ontario is banning American companies from provincial contracts:
“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”
It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.
Musk responded in simple terms, stating, “Oh well.”
Oh well https://t.co/1jpMu55T6s
— Elon Musk (@elonmusk) February 3, 2025
It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.
As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.
It is also expanding to new territories across the globe on an almost daily basis.
With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.
The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.
Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
Tesla Megapacks chosen for 548 MWh energy storage project in Japan
