Tesla Analyst Estimates 'Staggering' 650K Cybertruck Preorders

[Turtle]

I wonder if the preorders will reach 1 million before the Terafactory/Gigafactory Austin is completed ?

Tesla Analyst Estimates 'Staggering' 650K Cybertruck Preorders

Via: Benzinga

Tesla Analyst Estimates 'Staggering' 650K Cybertruck Preorders

June 22, 2020

One of the biggest potential catalysts for Tesla Inc in the next couple of years is the Cybertruck, and one analyst said on Monday he's cautiously optimistic Tesla’s first truck will be a big hit.

The Tesla Analyst: Wedbush analyst Daniel Ives reiterated his Neutral rating and $1,000 price target for Tesla.

The Tesla Thesis: Ives said the Cybertruck appears to be gaining momentum ahead of a 2021 or 2022 launch.

“We estimate that pre-order levels are staggering coming out of the gates since announced last year and currently stand north of 650k based on our estimate with momentum building for this latest Musk brainchild,” Ives wrote in a note.

Given initial demand for the Cybertruck appears significant, Ives said the next big news from the company regarding the Cybertruck could be the location for the Cybertruck factory. Ives said Austin, Texas and Tulsa, Oklahoma appear to be frontrunners at this point.

I preordered my CT on6/17/20 and calculated my order to be 803,711 in line. I checked the spread sheet today (7/27/20) and my reservation doesn’t exist yet. This means Tesla has many more orders than previously disclosed!

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[59sjordan]

I preordered my CT on6/17/20 and calculated my order to be 803,711 in line. I checked the spread sheet today (7/27/20) and my reservation doesn’t exist yet. This means Tesla has many more orders than previously disclosed!

Rodger, have you entered your order info into the spreadsheet?

 

[Turtle]

Rodger, have you entered your order info into the spreadsheet?

Yes! I posted it the same day.

 

[TruckElectric]

I preordered my CT on6/17/20 and calculated my order to be 803,711 in line. I checked the spread sheet today (7/27/20) and my reservation doesn’t exist yet. This means Tesla has many more orders than previously disclosed!

I'm guessing that orders will be over a million buy the time the Terafactory is complete and rolling Cybertrucks off the assembly line.

There may be a surprise(or several) coming when the Cybertruck makes it's cross country trek.

I'm also guessing that the trek will be after Battery Day and the range will be nothing short of astounding or even shocking to some.

All the other auto companies that are making or going to make EV's will be just as interested(if not more so) than the Cybertruck and EV fans.

 

[alan auerbach]

I preordered my CT on6/17/20 and calculated my order to be 803,711 in line. I checked the spread sheet today (7/27/20) and my reservation doesn’t exist yet. This means Tesla has many more orders than previously disclosed!

Not sure how official the spreadsheet is, because I'm not on it either. But I did get a next-day automated reply from Tesla confirming that they have my CT order, and I think that's what counts.

 

[Akgolf]

Not sure how official the spreadsheet is, because I'm not on it either. But I did get a next-day automated reply from Tesla confirming that they have my CT order, and I think that's what counts.

You have to enter your reservation in the spreadsheet. It’s not official and does not auto populate.

 

[Turtle]

Not sure how official the spreadsheet is, because I'm not on it either. But I did get a next-day automated reply from Tesla confirming that they have my CT order, and I think that's what counts.

Me also, and they took my $100!