We should also mention that anybody may reserve a Tesla Cybertruck by paying a $100 100% refundable deposit, which is far from a legally enforceable deal.
As a result, the 1.6 million preorders are unable to be converted into confirmed orders. Even if only 10% of the stated reservations are converted into actual orders, there is still very significant demand for a car that lacks price and specifications nearly half a year before the planned start of production.
