CTOWannabe
Well-known member
- First Name
- CTO
- Joined
- Feb 28, 2024
- Threads
- 8
- Messages
- 148
- Reaction score
- 140
- Location
- US
- Vehicles
- 2025 Cybertruck AWD
- Thread starter
- #31
Wow it's spooky how your analysis lines up with my own.I’m sure it will happen. They are racing to bring the price down and offer an advantage over the growing competition, whether it be price, FSD or more range. If it doesn’t happen in the 4th quarter it will happen sometime early next year. I’m cancelling my order because of this news. Production capacity is steadily increasing and to keep demand up they will need to drop the price and improve upon the specs.
I think that they had to open the waiting list up to everyone speaks volumes. I think the waiting list was like 2million at one point? But no doubt raising the price by 40k and lowering the range by 40% was going to keep the number of conversions down a good bit. But if the 2million number is to be believed, and maybe there are say 50k cyber trucks out there, that means the conversion rate was an abysmal .0025%!
Dont get me wrong. They did the right thing. You hyper charge those early adopters that will pay a premium to get it first. But that pool seems to be fast drying up. Which means prices will have to come down and/or range and other features will have to improve.
That said, you do not have to cancel in that your reservation just sits if you dont use it and you can trigger it later. Then again, if you want your $100 back, why not, since there is now essentially no line for the truck.
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