Tesla Inc. has launched reservations for its electric truck in China, Electrek reported on Friday.
According to the website, the manufacturer started taking preorders for its Cybertruck, which was unveiled in November last year. Tesla CEO Elon Musk said the company received over 250,000 reservations for the truck shortly after the reveal.
Yesterday, the carmaker reported its delivered 90,650 vehicles in the second quarter, beating analysts’ expectations.
Tesla is now testing potential interest among Chinese consumers.
It’s impossible to predict how many of these reservations — in China and the U.S. — will convert to actual sales. It will be more than a year before there are any answers. Tesla hasn’t even finalized its decision of where it will build the vehicle.
Musk tweeted in March that Tesla was scouting locations for a factory that would be used to produce Model Y crossovers for the East Coast market as well as the Cybertruck. At the time, Musk said that the factory would be located in the central part of the United States.
Initially, Tesla was eyeing Nashville and had been in talks with officials there. The company has since turned its attention to Austin and Tulsa.
Talks in Austin have progressed rapidly and it appears likely that the factory will end up in a location just outside of the city. Although Tulsa officials have been quick to note that talks with Tesla have continued there as well.
Tesla employees say that they are seeing a surprising number of potential customers coming into the store because of the electric pickup truck.
When converting to USD, the reservation cost is slightly higher than in the US at $141, and reservation holders can lock in the Full Self-Driving package price at $9,000.
In the US, those are currently $100 and $8,000, respectively.
Chinese automotive is just so big that the numbers still add up to over 400,000 pickup trucks per year in the market.
Tesla might have an opportunity to expand that market with the Cybertruck, which has been attractive to non-truck buyers in other markets.
China also seems to be curious about the Cybertruck.