Tesla has put up a webpage permitting TSLA shareholders to register for early Cybertruck supply, so long as they match sure standards. It might give us a touch as to how Cybertruck deliveries are going.
Tesla first began delivering Cybertrucks in November of final yr, greater than three months in the past right this moment. First deliveries had been of the limited-edition “Basis collection”, which prices a $20k premium for what appears to be some slight trim variations and the privilege of getting early supply. To this point, nearly all confirmed Cybertruck orders have been of the Basis Sequence (and most in CA and TX), based on the order monitoring record on Cybertruck Proprietor’s Membership.
However now Tesla is including one other technique for Cybertruck reservation holders to leap in entrance of the road – or maybe an incentive to boost the seeming exclusivity of the mannequin.
Tesla’s web site now has a web page the place shareholders can register for early supply, so long as they meet these eligibility necessities:
The Cybertruck reservation should be within the participant’s title and have been made previous to March 1st, 2024
The participant has not but taken supply of a Cybertruck
Every participant should present brokerage statements exhibiting that you simply owned TSLA shares on Feb. 28, 2021 and owned at the least 500 TSLA shares on Feb. 29, 2024
The brokerage statements for Feb. 29, 2024 should present that you simply owned at the least 50% of the TSLA shares that you simply owned on Feb. 28, 2021
Brokerage statements proving shareholdings should clearly present first/final title, assertion date, and Tesla shares. All different info could also be redacted.
These steps should be taken by Friday, March 22, 2024 11:59 PM CT CDT with a view to hop the road, and might solely be accomplished as soon as per buyer and solely within the US or Canada (the place it’s coming quickly).
In consequence, even when a shareholder reserved a Cybertruck after preliminary deliveries started, they might nonetheless hop to the entrance of the Cybertruck line so long as they’ve held a big quantity of shares for a while.
This isn’t the primary time Tesla has given particular remedy to shareholders, particularly on one thing Cybertruck-related. A month earlier than the Cybertruck supply occasion, Tesla provided TSLA shareholders entries right into a lottery for tickets to attend the occasion.
The corporate additionally not too long ago provided accelerated supply with referral credit, additionally for Basis Sequence vans, with a referral reward that bought out inside hours.
For those who match the standards and wish to register for early supply, head over to Tesla’s registration web page right here.
Electrek’s Take
May this transfer additionally give us a way of how Cybertruck deliveries are going?
Initially it was rumored that the Basis Sequence would embody solely the primary 1,000 autos. Later, rumors stated that this quantity expanded to 20-25k. The corporate has not confirmed what number of Basis Sequence Cybertrucks shall be made (which…will surely be related info for collectors to know earlier than spending a $20k premium).
Tesla has claimed that it presently has annual manufacturing capability to supply 125,000 Cybertrucks per yr – a quantity that wasn’t all that plausible from the get-go. So, 1 / 4 of a yr into manufacturing, this may imply that Tesla ought to have been capable of make 30,000+ Cybertrucks by now.
But when the corporate is simply beginning to supply early supply to shareholders, both this implies they’re going to supply tens of hundreds of Basis Sequence vans, or they’re nowhere close to 125,000 manufacturing capability. We’re going to guess it’s the latter.
This transfer might additionally sign that the take-rate for Basis Sequence invitations has been disappointing. Prospects could also be ready to allow them to keep away from the $20k premium (they did reserve a $40k truck, in any case, so $120k might definitely encourage sticker shock), or could also be ready till early manufacturing snags get ironed out. Even studies of a Cybertruck promoting for $244k won’t entice would-be flippers, on condition that Tesla has threatened after which adopted by on punishing early house owners who resell their vans for revenue.
Regardless, we would have anticipated Basis Sequence to be accomplished delivering by now, on condition that the truck has been out for months already, and on condition that these invitations simply went out right this moment which implies there are at the least a number of extra weeks of Basis Sequence deliveries left to go (present order confirmations appear to be getting a March-Could supply timeline).
That is concurrently a faster and slower tempo than earlier Tesla rollouts. For the Mannequin 3, Tesla’s first deliveries began in July of 2017, however these automobiles solely went out to staff and the primary massive wave of deliveries to most people solely began in late December (that’s after we obtained ours).
In the meantime, for the Tesla Semi, these appear to have seen successfully no deliveries for the reason that first vans had been launched in December 2022. We nonetheless haven’t seen any studies of Semis owned by anybody aside from Pepsi or Frito-Lay, although Tesla stated in October that about 70 vans have been constructed – about double the quantity we all know are owned by PepsiCo.
However with Cybertruck, members of most people did begin receiving vans inside weeks of the supply occasion – which is faster than each of the above. Although months later, it looks like the supply numbers should still be coming in a trickle, quite than a flood.
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