TESLA TO BEGIN REFUNDING CYBERTRUCK RESERVATIONS

While other manufacturers seem to be propelling their vehicles into the all-electric stratosphere, Tesla seems reluctant to get off the ground with its Cybertruck. Earlier this year the company stopped taking reservations in Europe and China because the amount of orders on the books already equates to a three year wait time for delivery. Now, Tesla will start refunding those with a reservation in Australia as the Cybertruck won’t be making its way to The Outback anytime soon, if at all.

It’s alleged that Tesla had 1.2 million pre-orders for the Cybertruck in August of last year, each of which cost $100. That amounts to $120 million dollars made solely off of reservations for the automaker. Of those reservations, America holds the most, then Canada, and Australia rounded out the top-three with 76.25%, 10.43%, and 3.16% respectively. Some quick math, and we find that Australia is responsible for about 38,000 reservations in total or roughly $3.8 million dollars.

The controversial Cybertruck was pulled from Tesla Australia’s website earlier this year and reservation holders were told, by the company, that they are eligible for a refund. In order to take advantage of a full refund however reservation holders will have to apply for it. Seeing as though the earliest delivery of the Cybertruck isn’t expected to happen until December of 2023 at this point, one begins to ask if the Cybertruck even matters anymore. Rivals such as the F-150 Lightning, Rivian’s R1T and the GMC Hummer EV will have full production already under their belt by then.

While Australia was one of the top-three countries to have pre-orders on file, we know that there were other countries (seemingly less interested) that had access to pre-orders as well. Norway, Germany, Sweden, France, Iceland, and the Netherlands all had the opportunity to make pre-orders, only time will tell if they should befall the same fate.