Tesla cybertruck orders near 150,000 just days after chaotic launch

Tesla chief executive Elon Musk unveils the company’s first electric pickup truck, the Cybertruck, in Los Angeles, California on November 21, 2019. (Tesla via Reuters)
Updated 24 November 2019
Follow

Tesla cybertruck orders near 150,000 just days after chaotic launch

  • The demand comes despite the product receiving ‘no advertising & no paid endorsement’
  • Its space-age design is unlikely to challenge top-selling models by Ford and other conventional car companies

LOS ANGELES: Tesla’s new electric pickup truck has secured almost 150,000 orders, the company’s chief executive Elon Musk boasted on Twitter, just two days after its big reveal went embarrassingly wrong.
The billionaire Tesla co-founder floundered on stage in California on Thursday when the vehicle’s armored glass windows cracked in a demonstration intended to prove their indestructible design.
But on Saturday Musk tweeted that Tesla had already received 146,000 orders from prospective owners.
“146k Cybertruck orders so far, with 42% choosing dual, 41% tri & 17% single motor,” he wrote.
The demand comes despite the product receiving “no advertising & no paid endorsement.”
The industrial-looking Cybertruck is covered in the same steel alloy Musk plans to use for his SpaceX Starship rocket and will be able to go from 0 to 100 kilometers per hour in about three seconds, the Tesla chief executive claimed in his presentation.
He said the entry-level model will have a starting price of $39,900 and a 400-kilometer range, while a deluxe option will be able to travel twice the distance and will sell for $69,900.
No date has been given for its release, but analysts said it would not be ready before the end of 2021 at the earliest.
Its space-age design is unlikely to challenge top-selling models by Ford and other conventional car companies, analysts warn.


Saudi industry minister meets foreign officials ahead of Future Minerals Forum 2026

Updated 12 sec ago
Follow

Saudi industry minister meets foreign officials ahead of Future Minerals Forum 2026

RIYADH: Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef held a series of bilateral meetings at the department’s headquarters with ministers from several countries participating in the Future Minerals Forum 2026.

The meetings were also attended by the Deputy Minister for Mining Affairs Khalid Al-Mudaifer.

During his meeting with the Brazilian Minister of Mining and Energy Alexandre Silveira, Alkhorayef discussed ways to enhance cooperation between the two countries in the mining and minerals sector as well as highlighted the most prominent opportunities available for developing joint mining investments.

In a meeting with Pakistan’s Minister of Petroleum Ali Pervaiz Malik, he discussed expanding the horizons of strategic partnership in the mining sector between the Kingdom and Pakistan, particularly in the field of mineral industries related to enhancing food security.

The minister also met with Nigeria’s Minister of Solid Minerals Development Dele Alake as they discussed joint opportunities to develop cooperation and exchange technical expertise in the mining and manufacturing sectors, emphasizing the African country’s pivotal economic role in West Africa.

Alkhorayef also held talks with the Minister of Mines of the Democratic Republic of the Congo Louis Watum Kabamba to explore joint investment opportunities in the mining sector and ways to enable the private sector to capitalize on these opportunities, thereby strengthening supply chains for strategic minerals.

In a related development, the Saudi minister held a bilateral meeting with the World Health Organization Regional Director for the Eastern Mediterranean Hanan Balkhi during which they tackled cooperation between the Kingdom and the WHO in the manufacturing and supply chains of medicines and vaccines.

They also discussed ways to enhance global health security and solidifying the Kingdom’s position as a strategic partner of the WHO as well as a promising regional hub for the pharmaceutical industry.

Alkhorayef’s meetings with ministers preceded the fifth edition of the Future Minerals Forum, held from Jan. 13 to 15, in Riyadh.

The conference serves as a leading international platform for dialogue on the future of the global mining sector and for building effective partnerships between governments and the private sector, contributing to the growth and sustainability of the mining sector. It also reinforces Saudi Arabia’s position as a global hub for mining and minerals.