Tesla's Last-Minute Tweaks To Cybertruck Event, Reservation Fee Cause Confusion: What You Need To Know

As it gears up to its much-awaited Cybertruck delivery event, Tesla Inc TSLA made a few changes to its event time and vehicle reservation costs, confusing prospective buyers and investors looking to attend the function.

What Happened: As per the latest update from Cybertruck’s official X account, the delivery event will be held at Tesla’s Gigafactory in Texas on Thursday at 2 p.m. CT. This is an hour later than what was announced by a senior executive of the company earlier in the day.

Tesla VP of Investor Relations Martin Viecha had said earlier that the event would be held around 1 p.m. CT, in a bid to clarify to people who thought it was an evening event.

The company’s website also briefly displayed an increased reservation fee of $250, which would have been the first price hike in four years, but Tesla changed it back to the original $100.

According to data from a crowd-sourced online reservation tracker for the Cybertruck, net reservations for the vehicle have now crossed the two-million threshold.

Why It Matters: The excitement amongst Tesla enthusiasts is building as the delivery event nears. Tesla has also put Cybertrucks on display in several showrooms across the U.S. which have been pulling a significant audience.

However, while CEO Elon Musk and Tesla have dropped hints about the vehicle now and then, further details pertaining to configuration and pricing continue to be under wraps.

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read More: Five Years On, Reflecting On Rivian’s Electric Vehicle Launch At LA Auto Show

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