If You Want A New Tesla Cybertruck, You Can Get It Built And Delivered In 10 Days. That's Not A Good Thing For The EV Company

If you want a brand-new Tesla Cybertruck, you might be surprised to discover you can have one built and delivered to your door in 10 days. While that sounds great for anyone in the market for one of these futuristic-looking trucks, it's a worrying sign for Tesla. It suggests that demand for the Cybertruck is nowhere near what Tesla hoped for – and that's a big problem for the company.

Don't Miss:

• This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years – here's how there's an opportunity to invest at $1,000 for only $0.50/share today.
• ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25/share

Originally, the Cybertruck had a very long waiting list. Tesla once had over a million people who put down $100 to reserve one. Back then, Elon Musk expected the Cybertruck would be sold out until 2027, meaning anyone who wanted one would have to wait years. But the situation looks very different less than a year after production began.

Only about 2.5% of those million-plus reservations turned into actual orders. Now, instead of people lining up to get their hands on one, Tesla is scrambling to find new buyers. The initial hype has fizzled and what remains is a tough market reality – Tesla has more trucks than buyers.

Trending: The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.

Several new Cybertruck owners have shared their experiences online and the trend is clear: Tesla delivers these trucks much faster than expected. For example, a recent buyer, Gabe Thompson, shared on social media that he ordered his non-Foundation Series Cybertruck on October 18. By Oct. 29, he was already taking delivery in Dallas. He didn’t have a years-old reservation; he simply went to Tesla's website, ordered a $79,990 truck and 10 days later, it was his.

Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

As Torque News reports, other new owners have similar stories. One person ordered on Oct. 15 and had a delivery date of October 30. Another got his Cybertruck delivered in under three weeks after placing an order. The fact that Tesla can build and deliver these trucks so quickly suggests one thing: there aren't many new orders in the pipeline.

So what happened to all the demand? Tesla fans who were once eager to pay for the Cybertruck seem to have backed off. Some Reddit commenters speculate that years of delays, rising prices and changes to the truck’s design may have turned people off. After all, the final product isn't exactly what was first promised. It's also possible that some people who reserved a truck years ago aren't interested anymore – or can't justify the $80,000 price tag.

See Also: With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. Be an early investor with just $1,000 for only $0.50/share today.

If Tesla can't build up demand for the Cybertruck, the company could face some hard choices. They might have to scale back production or pause it until demand catches up. This greatly contrasts Tesla's other models, like the Model 3 or Model Y, which continue to sell well without reservation lists. The Cybertruck was supposed to be a game-changer, but right now, it's looking more like a gamble that isn't paying off.

For anyone wanting a Cybertruck, now is probably the easiest time to get one. But for Tesla, the ease of getting one points to a bigger problem: the demand just isn't there and the hype that once surrounded the Cybertruck might have driven off into the sunset.

Read Next:

• Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – You can still get 4,000 of its pre-IPO shares for just $1,000
• If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?