<p>Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday.</p>.<p>Musk has been promoting the Cybertruck on Twitter and cryptically tweeting out updates to the number of orders the company has received since the launch late Thursday.</p>.<p>After more than 50 interaction on Twitter since the launch, he tweeted "250k" on Tuesday night in an apparent reference to the number of orders.</p>.<p>The company did not immediately confirm the figure after regular market hours.</p>.<p>Tesla opened preorders immediately after the unveiling and allowed potential buyers to book the truck by depositing a fully refundable $100, compared with the $1,000 it charged for booking Model 3 sedans in 2016.</p>.<p>Not all orders translate into sales as many are likely eventually to be canceled and money refunded to depositors. Tesla plans to start manufacturing the truck around late-2021.</p>.<p>The electric carmaker received 325,000 orders for the Model 3 in the first week of bookings three years ago, and the Cybertruck could rival that figure with two days still to go for its first week of preorders.</p>.<p>The truck, made of stainless steel used in rockets and priced at $39,900 and above, failed to impress Wall Street last week after its "armored glass" windows shattered in a launch demonstration and analysts argued the design would not have mass appeal. </p>
<p>Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday.</p>.<p>Musk has been promoting the Cybertruck on Twitter and cryptically tweeting out updates to the number of orders the company has received since the launch late Thursday.</p>.<p>After more than 50 interaction on Twitter since the launch, he tweeted "250k" on Tuesday night in an apparent reference to the number of orders.</p>.<p>The company did not immediately confirm the figure after regular market hours.</p>.<p>Tesla opened preorders immediately after the unveiling and allowed potential buyers to book the truck by depositing a fully refundable $100, compared with the $1,000 it charged for booking Model 3 sedans in 2016.</p>.<p>Not all orders translate into sales as many are likely eventually to be canceled and money refunded to depositors. Tesla plans to start manufacturing the truck around late-2021.</p>.<p>The electric carmaker received 325,000 orders for the Model 3 in the first week of bookings three years ago, and the Cybertruck could rival that figure with two days still to go for its first week of preorders.</p>.<p>The truck, made of stainless steel used in rockets and priced at $39,900 and above, failed to impress Wall Street last week after its "armored glass" windows shattered in a launch demonstration and analysts argued the design would not have mass appeal. </p>