Tesla’s Cybertruck Is On Its Way: ‘Foundation Series’ Order Holders Prompted To Prepare For Delivery – Tesla (NASDAQ:TSLA)


Tesla Cybertruck Foundation Series Orders Start Preparing for Delivery

Customers who placed orders for Tesla Inc. TSLA’s limited-edition Cybertruck, known as the “Foundation Series,” have begun receiving notifications to “prepare for delivery.” This development indicates that the automaker may be starting public deliveries earlier than expected.

According to Electrek, those who ordered the fully-equipped, $120,000 “Foundation Series” Cybertruck recently received these emails. Last month, the first batch of Cybertrucks was delivered to a select few VIPs, including Reddit’s co-founder Alexis Ohanian.

At the time of the initial delivery, it was uncertain when the broader public rollout would begin. However, in recent days, several Cybertruck reservation holders have been invited to finalize their orders and get ready for delivery.

While the “prepare for delivery” email does not guarantee immediate delivery, some customers have reported possible delivery dates as early as December on a Cybertruck order tracking spreadsheet on “cybertruckownersclub.” This delivery push could be part of Tesla’s typical end-of-quarter efforts to get the high-priced Cybertrucks to customers before the fiscal quarter and year close.

December deliveries are currently scheduled for Texas and California, where Tesla has confirmed that Foundation Series deliveries have already begun. Deliveries to other states are expected to start in 2024.

Earlier this month, Tesla started inviting initial Cybertruck reservation holders to opt for “Foundation Edition” vehicles. These fully-optioned trucks, priced at $120,000, include limited-edition laser-etched badging, all-terrain tires, full self-driving capability, and charging equipment with Powershare home backup hardware, among other features.

In another significant development, Tesla’s Cybertruck has secured a $7,500 federal tax credit for 2023, according to the U.S. Department of Energy. Two models of the Cybertruck have been deemed eligible for the entire incentive, offering a financial advantage to prospective buyers.

The early delivery notifications and the federal tax credit approval highlight the progress of the highly-anticipated Cybertruck. As Tesla continues to fulfill orders and expand its production capabilities, the Cybertruck is expected to make a significant impact in the electric vehicle market.

Disclaimer: This article is generated by the GPT-4-based Benzinga Neuro content generation system, utilizing the extensive Benzinga Ecosystem, including native data, APIs, and more. The content is created for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions.

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